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21
Jun
2010

Mortgage Arrearage Interest

A Texas Bankruptcy Court previously held that a debtor in a Chapter 13 bankruptcy case does not need to pay interest on the arrearage owing unless the contractual language in the mortgage provided for interest in the event of unpaid arrearages and the filing of bankruptcy. See In re Sanchez (Bkrtcy. E.D. Texas, Judge Sharp WL 37526).



This entry was posted on Monday, June 21st, 2010 at 4:32 am and is filed under Bankruptcy, Mortgages, National. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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