Credit union line of credit taking from savings account

[epiphany]

I owe that money? I dont think they will let me close the account with a negative balance. I will call today and talk to somebody.

I find it interesting that they would deduct for themselves monies from an account with a zero balance. I BK'd on a negative checking account from my CU (due to fees from creditors who tried to put unauthorized payments though). My CU took the measly five dollars from the saving account but did not throw it into the negative.

In any case, it really doesn't matter. All debts will be discharged in a successful, non-contested Chapter 7.

If for some reason you have a problem with Checksystems, just contest it as you have a solid leg to stand on.

Sleep tight and good luck with your BK,
ep

[Doghouse]

^^^

Ah, okay, if all they do is take what I have down to zero but not put the account balance into the negative then I am okay with that. I guess it's when you have automatic withdrawals that's not cancelled yet that can deplete your acct into the negative. I just don't want to deal with checksystems and negative accounts even if BK will discharge them. Might as well just go close those accounts at the CU.

[Floridagail]

So were you able to keep your checking account at the cu? when you letmthe mortgage go with same cu.

[AlreadyFiled]

If you have a checking/savings account at the same bank you bk'd a credit card from, they CAN take from your checking or savings account. It is called "right to offset" its normally in the small print.

I suggest if you have a checking and savings, get your credit cards from other banks. Never at the same one.

[Floridagail]

I have checking acct at Cu, and a creditline ,since 1977, I hate t

[Floridagail]

My debitcard stopped working with cu. I called my ck account is still open but my credit line is charged off. They cannot take any money from my savings or checking due to bankruptcy. The would not take any money they said. However I cannot get my debit card back due to owing loan. I have to be in good standing to get debit card back.
So dont know what i will do had this acct since 1977 and so much easier than regular bank. I can reaffirm or just make volunitary payments to keep my debit working and sto p paying anytime and lose my card. Just thought I would let you know. I dont know if i can say name of cu or not.