Author: Carol Rucinski
Defining the Term “Mortgage Arrearage”
Have you wondered what is meant by the term “mortgage arrearage?” As Bankruptcy Law Network member Jonathan Ginsberg explains, a mortgage arrearage simply refers to any missed mortgage payments. If, for example, you did not pay your mortgage in January and February, those two months would be in arrearage. As […]
How Is My Chapter 13 Plan Payment Determined?
The most important thing my Chapter 13 clients want to know is how much their Chapter 13 Plan payment will be. They ask this question at our initial meeting, before their case is filed, and during the period before their Chapter 13 Plan is confirmed. Of course. It is probably […]