Legal News for Credit Union Managers Since 1990

Archive for August, 2025

11
Aug
2025

$100,000.00 Award to Employee

Here, the court addressed the issue as to whether a job applicant was discriminated against due to the applicant’s obesity. In this case, the job applicant applied for a position with the employer and was rejected due to her obese weight.   The medical profession considers a person morbidly obese if the individual weighs either more […]

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08
Aug
2025

Michigan Supreme Court: Secured Loan Loss Payable Clause

The Michigan Supreme Court has held that the Credit Union is protected as a secured party under the “loss payable” clause of an insurance policy, even if the Credit Union member burned the collateral and made false statements to the insurance company on its claim of loss. Here, the Credit Union member executed an installment note with State Employees Credit Union secured […]

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07
Aug
2025

Fraudulent Mortgage Application

In this case, two debtors applied for and closed on a mortgage with American General Finance, Inc. (hereinafter “American General”). The debtors represented to American General that they only had one mortgage on their residence. American General intended to grant the debtors a loan secured by a second mortgage; American General obtained a title search […]

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06
Aug
2025

Employee Discrimination: Failure to Promote

Discrimination Suit awards five-years wages to employee for wrongful discrimination against employee. Here, an employee of  Peoples National Bank of Washington prevailed in a discrimination action against the bank for failure to promote the employee. The employee was a Cambodian born and highly educated individual. The employee had special training in speaking English, served in the U.S. […]

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06
Aug
2025

Waiver of Right to Rescind Reaffirmation Agreement Unenforceable

Bankruptcy Court Sets Aside Agreed Waiver of Right to Rescind Reaffirmation Agreement as being unenforceable. In the Case of Dustin M.J. Vaupel and Aimee D. Vaupel, Debtors, after the Debtors entered into a Reaffirmation Agreement with Collins Community Credit Union, both the parties agreed to Waive the Debtors Right to Rescind the Reaffirmation Agreement. Here, the […]

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05
Aug
2025

Worthless (NSF) Checks Constitute Fraud

Here, the U.S. Bankruptcy Court held that a debtor’s issuance of some $8,784.00 of worthless non-sufficient fund (NSF) checks would be  nondischargeable in bankruptcy. In this progressive case for creditors, the court found that debtor’s tender of five nonsufficient fund checks (NSF) constituted fraud by the debtor. The debtor tendered said checks to Supercom in exchange for debtor’s […]

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04
Aug
2025

Discharge Denied: Joint Ownership of Assets

In this case, the bankruptcy court dismissed debtor’s Chapter 7 bankruptcy after discovering the debtor had previously titled his property jointly with his wife, who did not file bankruptcy. The debtor sought to keep all of his property through the joint ownership with his wife and utilization of the Bankruptcy Code exemptions. Although the bankruptcy […]

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

    • $100,000.00 Award to Employee
    • Michigan Supreme Court: Secured Loan Loss Payable Clause
    • Fraudulent Mortgage Application
    • Employee Discrimination: Failure to Promote
    • Waiver of Right to Rescind Reaffirmation Agreement Unenforceable
    • Worthless (NSF) Checks Constitute Fraud
    • Discharge Denied: Joint Ownership of Assets
    • Constructive Discharge: Credit Union Violates Employee’s Rights
    • Credit Union Assessed Punitive Damages
    • Defective Notice to Sell Collateral Defeats Collection of Deficiency
    • Nondischargeable Debt: Disassembled Collateral

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