36
Periodic Statements During Bankruptcy
Servicers generally must provide periodic statements to borrowers
in bankruptcy who intend to retain their home, but not to
borrowers who intend to surrender it.
Consumers in bankruptcy who do not wish to receive periodic
statements may opt out.
A consumer in bankruptcy generally may also opt in to receiving
statements even when the exemption would otherwise apply.
The rule includes sample periodic statement forms with modified
disclosures for consumers in bankruptcy.
