Tips on Serving Financial Institutions

Wednesday, December 19, 2012

The Court has observed inadequate service on financial institutions, namely banks and/or their servicing agents. The service issue arises most frequently with respect to motions, including those embedded in a Chapter 13 plan, to modify or strip off a bank’s secured claim and in requests to institute the loss mitigation under the Court’s Loss Mitigation Program. In an effort to assist the local bar to achieve proper and adequate service on such institutions, the Court provides these brief practice tips that will hopefully be helpful to practitioners.