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Bankruptcy

: The Debt Podcast

Mortgage Loan Contracts Must Specify Bankruptcy Attorneys Fees or Fees Disallowed from Proof of Claim

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A mortgage lender does not automatically get to charge you attorneys fees when you file chapter 13 bankruptcy, the fees must be expressly authorized in the loan documents, a Kansas bankruptcy judge has ruled. Judge Janice Miller Karlin disallowed fees to U.S. Bank, which included $350 in attorneys fees in its proof of claim for a [...]

Full post as published by The Debt Podcast on December 21, 2008 (boomark / email).

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