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Bankruptcy

: The Debt Podcast

Missouri Chapter 13 Plans Must Pay Mortgage Payments Through Trustee; Direct Mortgage Payments for Delinquent Debtors Disallowed

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A recent Missouri case held that when drafting a chapter 13 plan for a bankruptcy debtor who is behind on home mortgage payments, the plan may not provide for direct payment of the regular, ongoing monthly mortgage payments by the debtor to the mortgage bank.  Instead, ongoing monthly mortgage payments must be made to the chapter [...]

Full post as published by The Debt Podcast on May 01, 2009 (boomark / email).

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