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#1566875 - 06/20/11 01:29 PM Bankruptcy notice vs AFT loan payment
1995Banker Offline
100 Club
Joined: Apr 2002
Posts: 241
This may not even be the right forum, but I'm taking a stab that someone in here will know the answer to my question.

We have a borrower who has an automatic funds transfer from her deposit account to make her loan payment every month. We recieved a notice of bankruptcy from the court on this borrower. Must we immediately stop the AFT or wait to hear from her for instructions?

Thanks for your assistance!
Just when I think I understand....I regain consciousness!!!

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#1579019 - 07/15/11 09:26 PM Re: Bankruptcy notice vs AFT loan payment 1995Banker
lbbanker Offline
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Joined: Aug 2007
Posts: 151
I would like to know the answer to if anyone can help out.

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