Scope Of The Amendments To Bankruptcy Rule 3002.1

Law360, New York (May 23, 2016, 1:31 PM EDT) -- Phoebe S. Winder

Ryan M. Tosi

David A. Mawhinney Come December, the requirements surrounding notices of payment change (PCNs) for certain mortgage loans in bankruptcy will change. The Supreme Court, on April 28, 2016, adopted various proposed amendments to the Federal Rules of Bankruptcy Procedure, including amendments to the language of Rule 3002.1 aimed at clarifying when a secured creditor must file a payment change notice in a Chapter 13 bankruptcy.[1] Amended Rule 3002.1 will require secured creditors to file PCNs on all claims secured by the Chapter 13 debtor's primary residence for which the debtor or Chapter 13 trustee is...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!