our trustee has a website that tells you the main questions asked, but why this one?

[busbis]

He has a list of 19 questions that are typically asked. Most make sense but he does ask the question "Do you belong to any Credit Union?".

Does anyone know the purpose of this question?

[chpxiii]

Possibly conflict of interest situations .. maybe?

[Bandit]

I would think because they offer savings accounts but are attained a little different than a regular bank savings account or some credit unions are offered through employers where you can also get loans & shares through employment. Same idea as a bank but positioned & accessed a little different.

Colleges have their own credit unions too.

To me that kind of question is fishing for an asset...or maybe a debt not listed (?)

[FreshLikeADaisy]

I don't know if this has any bearing, but credit unions are the most difficult of all to deal with in a collections or bk scenario: they do cross-collateralization frequently (snatch the contents of your accounts at will to apply to past due balances on other debts you have with them) and are just hard to deal with all around. Since the trustee has the right to go after any unduly large payments you made in the last year by suing the receiver of those payments, he may want to know if any of it has anything to do with a credit union or cross-collateralization.

I seriously doubt that's the sole reason, but it's something to factor in.

[genseeker]

I think it would most likely be because of cross-collareralization.

[emoney]

The reason may be that most CU require a small deposit in a savings account or stock ownership accout to be a member. Most CU are mutual associations.
regards,
emoney

[coma]

Maybe he is on a board.

[pa308]

Can you list the website with the 19 questions?

[busbis]

Here are the questions that the trustee ask.

1. State your full name and mailing address
2. Did you meet with an attorney to discuss your financial situation prior to filing?
3. How long did you spend with the attorney?
4. Did you meet with anyone else in his office?
5. Did your attorney explain how the fees work in your Chapter 13 case and has your attorney provided you with a copy of the Rights and Responsibilities Statement Between Chapter 13 Debtors and Their Attorneys?
6. Do you have any credit cards (you must hand them in to the Trustee)?
7. Do you belong to a credit union?
8. Is any money coming out of your pay for any purpose other than taxes or insurance?
9. Do you contribute to a retirement savings plan or 401(k).
10. Is money coming out of your paycheck to fund the plan?
11. Do you own any real estate? If so, how much is it worth?
12. Have you made any payments to the Trustee (note that even if your case is set up to be paid by employer deduction, you are responsible for making all payments until the payroll deduction kicks in).
13. Have you filed tax returns for the past three years?
14. Do you expect a refund this year?
15. How much will the refund be?
16. Have you ever filed Bankruptcy before?
17. Have you made all mortgage payments that have come due since you filed your case?
18. Do you have insurance on your vehicle?
19. Do you have a personal injury claim or any other claim for money damages pending at this time?