Legal News for Credit Union Managers Since 1990

Archive for July, 2020

01
Jul
2020

Nondischargeable Cash Advances

In the case, the credit card issuers sought to determine that the Chapter 7 debtor’s cash advances were nondischargeable. Here, debtor incurred more than $11,000 in cash advances on his Chevy Chase Visa card and another $5,000 on his Citibank credit card within ten months prior to filing for bankruptcy. The debtor was current with his […]

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