Legal Question in Credit and Debt Law in California

Is it legal for a credit union to refuse your car loan payments when you have stopped paying on a credit card with them?


Asked on 6/21/12, 4:06 pm

1 Answer from Attorneys
Michael Grennier Grennier Law, PC - #1 Bankruptcy Filing Attorney in Ventura County

It is very typical for credit unions to "cross-collateralize" debt. Each debt is secured by the other. I have recently written a blog about this on my web site at nopainbk.com Please take a look.

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Answered on 6/21/12, 6:33 pm


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