A bankruptcy court in Maryland found that an acceleration clause in a deed of trust making the remaining debt immediately due, triggered the modification clause of section 1322(c)(2). Fed’l Nat’l Mtg. Ass’n v. Griffin (In re Griffin), No. 12-19863 (March 18, 2013). [Read more…] about Acceleration Clause Clears Way for Modification
National Consumer Bankruptcy Rights Center
Protecting The Rights Of Consumer Debtors In Bankruptcy