Property tax problems for customers of bankrupt lender

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Collection of fees after bankruptcy dismissal depends on the terms of the mortgage agreement and New York state law. bankruptcy courts keep jurisdiction to enforce their orders after dismissal. If a lender did not get a bankruptcy court to approve fees, it may not be able to collect fees when a Chapter 13 debtor’s case is dismissed.

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Property taxes are not dischargeable in bankruptcy, but Chapter 13 can help still help with unpaid property taxes. In a Chapter 13 case, your debts are paid through a monthly payment you make to the Chapter 13 bankruptcy trustee.

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Chapter 13 Bankruptcy and ability of lender to placed forced property insurance and pay past property taxes due I am a lender secured by a deed of trust in which the borrower has filed chapter 13.

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Last week, the government lowered the corporate tax to 22 per cent from. so that it benefits both customers and the bank,".

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