Contact
Subscribe
Feb 10, 2010 
I usually assure clients that institutional creditors are generally very observant of the automatic stay. Once they have notice, they cease collection. But this month, in two of my pending Chapter 13 cases, Chase Home Loans has run off and set or actually conducted post bankruptcy foreclosure sales.
To make matters worse, given notice of the problem, Chase’s counsel has been either indifferent or ineffectual in moving to unwind the actions taken in violation of the stay. I’m not sure whether this is simply happenstance, or presages a general meltdown of default mortgage servicing, but it is worrisome.
1 Comment 