Mortgage Servicing Under the Microscope

By Cathy Moran, Esq.
Click here for Chronicles of Bankruptcy Rule 3002.1
The judge looked closely at the creditor’s accounting records and found the usual fright.

Having looked, the court held secured creditor USDA in contempt of the automatic stay and the confirmation order for its loan servicing blunders.

Two years after the debtor’s discharge, after an evidentiary hearing, and a written opinion, the debtor still didn’t have a full accounting . . .

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