IMPORTANT Notice to the Bar and Public Concerning General Order Regarding Forbearance Agreements in Relation to the Coronavirus Aid, Relief, and Economic Security (CARES) Act

Friday, May 1, 2020

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UNITED STATES BANKRUPTCY COURT
DISTRICT OF NEW JERSEY

IMPORTANT NOTICE TO THE BAR AND PUBLIC CONCERNING
GENERAL ORDER REGARDING FORBEARANCE AGREEMENTS
IN RELATION TO THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT

 

Please be advised that the provisions of the attached General Order Regarding Forbearance Agreements in Relation to the Coronavirus Aid, Relief, and Economic Security (CARES) Act are effective as of May 1, 2020.

Pursuant to the General Order, a new mandatory Local Form Notice of Mortgage Forbearance will be implemented and required when filing a Forbearance Agreement. Upon approval by the Court, Local Form Notice of Mortgage Forbearance will be posted on the Court’s website. At that time, parties who fail to submit the mandatory Local Form will be asked to resubmit the correct form. Please refer to the General Order for further details.

In addition, a new docket event has been created in CM/ECF for the filing of the Notice of Mortgage Forbearance and is available for immediate use. The event, Notice of Mortgage Forbearance, may be found in the Claim Actions category (or Creditor Batch Filings category for limited users). If a Proof of Claim has been filed, using this event will file the Notice of Mortgage Forbearance on the main case docket as well as the claims register. If no Proof of Claim has been filed, the Notice of Mortgage Forbearance event will file the Notice of Mortgage Forbearance on the main case docket only. Parties who do not properly utilize the Notice of Mortgage Forbearance event in CM/ECF will be asked to resubmit their document under the correct event code.

The General Order is attached and is also available on the court’s website, www.njb.uscourts.gov.

 

 

                            Dated: May 1, 2020                      Jeanne A. Naughton, Clerk