Legal News for Credit Union Managers Since 1990

Archive for October, 2020

06
Oct
2020

Nondischarable Debt: False Loan Application

False Credit Union Loan Application results in nondischargeable debt for Credit Union. Here, debtor applied for several loans at the Credit Union, and on all but the last application, the debtor listed a mortgage debt on her residence. Each of the loan applications were denied due to an unacceptable debt to income ratio, except for the […]

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