Order Substituting LMM Servicer {6} | Pdf Fpdf Docx | North Carolina

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Order Substituting LMM Servicer {6} | Pdf Fpdf Docx | North Carolina

Last updated: 6/30/2023

Order Substituting LMM Servicer {6}

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ORDER SUBSTITUTING LMM SERVICER. This form is used in the United States Bankruptcy Court, Eastern District of North Carolina, in a Chapter 13 bankruptcy case. It pertains to a motion for loan modification management (LMM) filed by the debtor(s). The form seeks to substitute the loan servicer responsible for representing the creditor in the LMM process. The form states that the court previously entered an order naming the former servicer as the responsible party. However, the debtor(s) have been notified that the servicer has changed, and the current servicer is identified. The debtor(s) have complied with their obligations to designate the current servicer on the LMM Portal. Therefore, the court relieves the former servicer from further responsibilities and transfers those duties, responsibilities, and obligations to the current servicer. The form includes specific orders and directions, such as vacating the previous order for loan modification management as it pertains to the former servicer, designating the current servicer as responsible for LMM duties, and directing the filing and service of the signed order on the LMM Portal and to relevant parties. The Chapter 13 Trustee is also instructed to make payments to the current servicer starting from the next distribution date following service of this order upon the Chapter 13 Trustee. www.FormsWorkflow.com

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