@Maingal wrote:
Just filed Chap 7 have 341 meeting soon, I will be burning NFCU ($5500) and USAA ($1800) sadly. No choice in the matter, I was reading the many post her and I am a bit confused. I contacted NFCU spoke with their bankruptcy department and was informed I could keep my accounts. I have my funds in a local bank but would love to go back to NFCU. Is this too go to be true?
My experience is just from me working at PenFed, if a member caused us a loss they weren't allowed to keep their accounts, in some cases we would let them, but we would never again extend any credit to them. It might be the same with NFCU, they may let you keep your account, but you won't get a loan with them again until you pay back the loss they took. I would also be curious why they would let you keep your account, all the credit unions I worked for would offset any funds in your account when we found out you were filing BK on us, and then lock it down.
