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Bankruptcy

: The Debt Podcast

Consumers who file Bankruptcy Lose the ?Privilege? of paying mortgages by ACH or EFT

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While attending a Texas advanced consumer bankruptcy seminar last week, I was surprised and amazed (I know, I should not have been) to learn that mortgage servicers consider the ability for a consumer to make  their mortgage payments by ACH or EFT (electronic funds transfer) as a “Privilege”.   This was in response to me stating that [...]

Full post as published by The Debt Podcast on August 18, 2009 (boomark / email).

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