Legal News for Credit Union Managers Since 1990

Archive for February, 2019

04
Feb
2019

Reasonable Reliance on Loan Application

Here, debtor applied for and received a loan from Shawmut Bank. Debtor’s loan application represented that the debtor was the sole owner of certain real estate; in fact, the debtor’s wife was also titled on the property. Debtor filed an individual Chapter 7 bankruptcy and listed the bank’s debt in the bankruptcy schedules. The bank […]

Continue reading » No comments

  • Recently Posted Articles written by: Charels R. Harroun, Attorney at Law

    • Temporary Freeze on Member Deposits
    • Reopening Bankruptcy Case Denied
    • Attorney Fees Assesses Against Bankrupt Debtor
    • Holder in Due Course – Checks
    • Automatic Stay Violation: Costs Assessed Against Credit Union
    • Credit Union Lien Survives Chapter 7 Discharge
    • Mechanics Lien Extinguished Credit Union Security Interest
    • Fatally Defective Mortgage Acceleration Notice
    • Defective Notary: Mortgage Void
    • Debtor’s Irresponsible Debts Discharged
    • Discharged Loan Re-Written Is Unenforceable

  • Website Builder

2009-2020 Copyright Harroun, P.C. | Credit Union Legal Newsletter powered by WordPress and Uchilla
Subscribe: Entries (RSS) and Comments (RSS)