Illinois | Bankruptcy
10/29/09, 11:11 am
Legal Question
A friend informed me that if she filed bankruptcy, she would have to change where she banks because she has a credit card through the same bank she has her checking account. Is this correct? Would the credit card division be able to access her checking account without her permission?
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11/03/09, 12:14 pm
Legal Answer
They could if there was a cross-collateral agreement, and there usually is.
Charles Wm. Dobra, Ltd.
675 East Irving Park Road - Suite 100
Roselle, IL 60172
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