This panel explores the evolving landscape of mortgage-servicing in bankruptcy under Federal Rule of Bankruptcy Procedure 3002.1, with a focus on recent developments following the Klemkowski decision. The panelists discuss practical implications for servicers, debtors and practitioners, including notice requirements, fee and escrow claim procedures, and common compliance pitfalls. The panelists also will provide guidance on how courts are interpreting Rule 3002.1 and what the Klemkowski ruling means for future practice and litigation strategy.
Learning Objectives:
- Attendees will understand the requirements of Rule 3002.1 and recent developments affecting mortgage-servicing practices in bankruptcy cases.
- Attendees will analyze the impact of the Klemkowski decision on notice obligations, fee claims and escrow-related disputes.
- Attendees will identify compliance risks and develop strategies for effectively litigating and resolving Rule 3002.1 issues.