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Bankruptcy

: The Debt Podcast

Limited Stay Relief Is Automatic In Massachusetts

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A secured creditor, or its non-attorney representative, may now send account statements and the like to a debtor without first seeking stay relief, so long as the communication does not demand payment or threaten foreclosure or case dismissal. The secured creditor may also discuss or negotiate a mortgage modifcation with debtor’s counsel, but not directly with [...]

Full post as published by The Debt Podcast on May 13, 2009 (boomark / email).

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