Can I continue to pay an unsecured loan at the credit union affiliated with my place of employment?
In most instances, you will be able to continue to pay an unsecured debt at your credit union. However, the payment of this debt may create preference issues in your case. Remember, generally, you may not prefer one unsecured creditor over another unsecured creditor in your bankruptcy. If you continued to pay your unsecured loan at the credit union, you would be preferring the credit union over other unsecured creditors. Further, the payment of this creditor may create disposable income issues in your budget. You should discuss this matter before your case is filed.
