Can someone who is very familiar with AZ confirm the following notions?
(1) BK Trustee gets 10% fee on the regular mortgage payment and the pro-rated amount in arrear since the regular monthly payment must also go into the plan; Is that true for the regular payment? Not true for CA.
(2) Debtor can't forward the regular mortgage payment to his or her attorney who in turns forward this to the lender.
(3)For lien stripping, Adversary proceeding in the only method to carry out in order to strip this Jr. Lien, not Motion.
Please help.
Thank you!
(1) BK Trustee gets 10% fee on the regular mortgage payment and the pro-rated amount in arrear since the regular monthly payment must also go into the plan; Is that true for the regular payment? Not true for CA.
(2) Debtor can't forward the regular mortgage payment to his or her attorney who in turns forward this to the lender.
(3)For lien stripping, Adversary proceeding in the only method to carry out in order to strip this Jr. Lien, not Motion.
Please help.
Thank you!