“That’s my pension,” she whispered. “My rent is due Friday. My heart medication is $300.”
Agnes Kowalski didn’t recognize the return address: Legal Recovery Division, Great Lakes Fiduciary Services, Phoenix, AZ. But she recognized the word “Fiduciary.” It meant someone else was in charge of her money. credit union checking account clawson
“Mrs. Kowalski,” he said, leading her into a glass-walled office. “I’m so sorry. We’re required to honor the setoff. The auto loan went into default six months ago. The co-signer—your late husband’s brother, Mr. Ronald Kowalski—has filed for bankruptcy. Under the account agreement you signed in 1987, any deposit account can be used to cover any debt you’re jointly liable for.” “That’s my pension,” she whispered
“Effective immediately, a right of setoff has been exercised on Account #8872 (Checking) at Clawson Community Credit Union. All funds ($14,847.23) have been seized to satisfy a delinquent obligation on Account #441B (Joint Auto Loan, co-signed 2019).” But she recognized the word “Fiduciary