Dear Ch13 Colleagues:
In Court today, one of our Ch13 Judges pointed out that there appears to be a significant increase in the failure of debtors and their counsel to file mortgage payment declarations. This Court pointed at that since 95% of Ch13 cases involve real property, the proving up of the post petition pre confirmation mortgage payments goes to the heart of feasibility as a requirement of confirming a Ch13 case.
I just wanted to pass this on to my fellow colleagues.
KEITH ALAN HIGGINBOTHAM
2012 cdcbaa President
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