Markleeville, CA Bankruptcy Law Firms & Lawyers

This is not the way to handle. By that I mean do NOT quitclaim to your daughters. If you want to protect your interest in the house the means to do that depends on the answer to a number of questions. For example: what is the equity? is the business a corporation?  If you would like more information do not hesitate to contact me. Sincerely, Mitchell Reed Sussman

I cannot tell you what is fair because, like beauty, fairness is in the eye of the beholder. I can tell you that it is legal and the credit unions do it often, some more than others. I can also tell you that there are plenty of fish (credit unions and banks) in the sea and you should just go to the credit union/bank next door or on the next block and open your new account. You don't want to bank where you are not wanted. I am sure they were not giving you anything that any other bank or credit union would not give you. I do think it is a business mistake for the credit union to turn down business to punish you for the bad loans they made (a business decision) as if that were going to persuade other members from not filing for bankruptcy when required.