Questions about credit card and mortgage with the same credit union

[greenthinker]

Hi All,

We will be filing for Ch 13 within the next few weeks, and one of the credit cards that will be included in the BK is with the same credit union in which we have a mortgage on our rental property. The mortgage is in good standing and will not be included in the plan, and the interest rate is great. Even though the property is underwater, we are getting some positive cash flow from the rental.

So, my question is this: Can the credit union take some kind of action against the mortgage if we have defaulted on the credit card account? (Based on advice that I read elsewhere on this forum, we have already moved our savings to another credit union.)

Thanks for your help.

[warmbloodmom]

Yes, our credit union Visa was secured against our vehicles, which they carry the loan for and we are paying the vehicles outside of our plan. If we did not pay 100% back to the Visa they were going to re-po the cars.