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Escrow Surplus

Posted on: 18th Jan, 2011 10:31 am
we are currently in chapter 13 bankruptcy and fell behind on our mortgage payments. we have a surplus in our escrow and was wondering if this can be applied to the past due amount?
Hi alissa,

You should have a word with your bankruptcy attorney and trustee in this regard. They will help you know whether the money in the escrow account can be used for paying off the past due amount.

Thanks
Posted on: 18th Jan, 2011 06:48 pm
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