Bankruptcy Basics: Review Postpetition, Mortgage-Related Notices in Chapter 13 Cases
Effective December 1, 2011, in chapter 13 cases, creditors must provide debtors and their attorneys notices of changes in required payments and notices of fees, expenses, and charges if the creditors’ claim is secured by a security interest in the debtor’s principal residence and the debtor is curing a default on the mortgage loan through the plan. See Bankruptcy Rule 3002.1. Notices of payment changes must be sent at least twenty-one days before a payment in the new amount is due.