Billing statements are now required to have more detail informing the homeowner of charges and what the mortgage lender claims is owed.
New Requirements on Forced Place Insurance
Beginning January 10, 2014, servicers are required to give two notices to borrowers who have failed to pay their home property insurance. If the borrower does not pay the insurance, the insurance company must then advance the insurance premium.
Cross Stone Law is a bankruptcy law firm serving individuals and small businesses. Carol Cross Stone is a bankruptcy attorney who helps people and businesses file for bankruptcy. Carol has practiced law for over 35 years. She limits her practice to bankruptcy.
Under federal law, Cross Stone Law is a debt relief agency. We help individuals and business file for bankruptcy relief under the Bankruptcy Code.