Legal News for Credit Union Managers Since 1990

Archive for August, 2020

03
Aug
2020

Nondischargeable Credit Card Charges

Here, the U.S. Bankruptcy Court held that VISA charges on debtor’s preapproved credit card were not dischargeable in bankruptcy. Here, the creditor sent an unsolicited credit card application to debtor for a preapproved VISA card with a $4,000 line of credit. The debtor accepted the card when she already had amassed some $29,000 in other credit […]

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