One of the things I am working on this weekend is a demand letter to the attorney for a local credit union. You see, someone at the credit union seems to have thought that taking advantage of an elderly man with early stage dementia was a profitable idea. I will concede that under ordinary circumstances what they did might qualify as greedy and morally questionable; it should, however, be legal.
Not so fast.
In this case the elderly customer just happened to be in an active Chapter 13 Bankruptcy, and the Credit Union knew this. They got checks from the Chapter 13 Trustee on this man’s loan accounts up until the events I am upset about happened.
It would be inappropriate and unnecessary to go into what actually happened or why I think it happened. What is relevant is that when someone is in an active bankruptcy, they are under the protection of the Bankruptcy Court. That means that there are orders in place that are designed to protect them from their creditors. The credit union in the case I am currently working on appears to have violated several of those.
Over the next few days I am going to talk about what those orders are and how they can be used to keep you safer inside a bankruptcy than outside — particularly in uncertain times.