New Administrative Order relating to administration of conduit mortgage payments in Chapter 13 cases

The Bankruptcy Judges for the Northern District of Ohio, Eastern Division (Cleveland) entered the "Third Amended Administrative Order No. 09-02," which changes the administration of conduit mortgages in Chapter 13 cases. The new Order eliminates the need for debtors to submit an Authorization to Release Information to the Trustee. Creditors will no longer need to submit the Addendum to Chapter 13 Proof of Claim and the 12-month summary of activity on the loan. A copy of the "Third Amended Administrative Order No. 09-02" is available in the Library section of this website. Click on Conduit Mortgage Payments. Additionally, a link to the Bankruptcy Court's website can be found under the Links section.

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Posted by General in Conduit Mortgage Payments

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