Mortgage Billing Statements for Debtors in Bankruptcy – What Attorneys in the EDKY Need to Know
Mortgage servicers are now required to provide monthly billing statements to debtors in bankruptcy, with limited exceptions. Debtors’ attorneys and creditors’ attorneys in the EDKY need to know about this important amendment to RESPA and TILA, which became effective on April 19, 2018. This post gives a very oversimplified summary of the rule, with a link to a more detailed article and sample billing statements.
Chapter 13 Trustee, EDKY: Trustee's Blog 