My Mortgage Company (or car finance company) stopped sending me monthly statements?
Each creditor you have (including those you wish to continue to pay and keep-such as your mortgage company or car finance company) must be listed in your Bankruptcy petition-after all they are a creditor of yours and by law are required to be listed and to be mailed Notice of the Bankruptcy. Just like any other creditor, they are automatically stayed or stopped (prohibited) from contacting you to request or demand payment, this includes sending you your monthly billing statement (or reminder). They may still give you information about your account if you call them-you can call them, they can’t call you asking for payment. If you wish to keep the security for the debt (i.e. the house or car), you should continue to send in your monthly payment as usual. Typically, after a while, the mortgage or other finance company will resume the normal billing cycle with statements. You may also ask them in writing to resume the monthly billing statements to you. Occasionally, the creditor will want
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- My Mortgage Company (or car finance company) stopped sending me monthly statements?
