Case 17-32589-KLP Doc Filed 12/10/21 Entered 12/10/21 08:46:07 Desc Main

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Case 17-32589-KLP Doc Filed 12/10/21 Entered 12/10/21 08:46:07 Desc Main

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314 S. Franklin Street, 2nd Floor 

P.O. Box 517 

Titusville, PA 16354 

1-800-327-7861 

https://myloanweb.com/BSI 

PROPERTY ADDRESS

1612 CEDAR GROVE TERR

HENRICO, VA 23228

HAYWOOD L DABNEY

DARSHAE DABNEY

1612 CEDAR GROVE TERR

HENRICO, VA 23228

 26

DATE: 11/23/21

ACCOUNT NUMBER: 

Annual Escrow Account

Disclosure Statement

PLEASE REVIEW THIS STATEMENT CLOSELY - YOUR MORTGAGE PAYMENT MAY BE AFFECTED. THIS STATEMENT TELLS

YOU OF ANY CHANGES IN YOUR MORTGAGE PAYMENT, ANY SURPLUS REFUNDS, OR ANY SHORTAGE YOU MUST PAY.

IT ALSO SHOWS YOU THE ANTICIPATED ESCROW ACTIVITY FOR YOUR ESCROW CYCLE BEGINNING 01/01/2022

THROUGH 12/31/2022.

 -------- ANTICIPATED PAYMENTS FROM ESCROW 01/01/2022 TO 12/31/2022 ---------

HOMEOWNERS INS $2,510.00

COUNTY TAX $2,503.00

TOTAL PAYMENTS FROM ESCROW $5,013.00

MONTHLY PAYMENT TO ESCROW $417.75

 ------ ANTICIPATED ESCROW ACTIVITY 01/01/2022 TO 12/31/2022 ---------

 ANTICIPATED PAYMENTS ESCROW BALANCE COMPARISON

MONTH TO ESCROW FROM ESCROW DESCRIPTION ANTICIPATED REQUIRED

 STARTING BALANCE --> $1,222.41 $2,092.25

JAN $417.75 $1,640.16 $2,510.00

FEB $417.75 $2,057.91 $2,927.75

MAR $417.75 $2,510.00 HOMEOWNERS INS L1-> $34.34- L2-> $835.50

APR $417.75 $383.41 $1,253.25

MAY $417.75 $801.16 $1,671.00

JUN $417.75 $1,251.50 COUNTY TAX $32.59- $837.25

JUL $417.75 $385.16 $1,255.00

AUG $417.75 $802.91 $1,672.75

SEP $417.75 $1,220.66 $2,090.50

OCT $417.75 $1,638.41 $2,508.25

NOV $417.75 $2,056.16 $2,926.00

DEC $417.75 $1,251.50 COUNTY TAX $1,222.41 $2,092.25

 --------- DETERMINING THE SUFFICIENCY OF YOUR ESCROW BALANCE --------

IF THE ANTICIPATED LOW POINT BALANCE (L1) IS LESS THAN THE REQUIRED BALANCE (L2), THEN YOU HAVE AN

ESCROW SHORTAGE. YOUR ESCROW SHORTAGE IS $869.84.

 CALCULATION OF YOUR NEW PAYMENT 

PRIN & INTEREST $1,241.10

ESCROW PAYMENT $417.75

SHORTAGE PYMT $72.48

NEW PAYMENT EFFECTIVE 01/01/2022 $1,731.33

YOUR ESCROW CUSHION FOR THIS CYCLE IS $835.50.

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004 1465030734_ESCROWDISCSTMT_211123 

Case 17-32589-KLP Doc Filed 12/10/21 Entered 12/10/21 08:46:07 Desc Main

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 ACCOUNT HISTORY

THIS HISTORY STATEMENT COMPARES YOUR PRIOR ANALYSIS CYCLE PROJECTED ESCROW ACTIVITY TO THE ACTUAL

ESCROW ACTIVITY BEGINNING 02/01/2021 AND ENDING 01/31/2022. IF YOUR LOAN WAS PAID-OFF, ASSUMED OR

TRANSFERRED DURING THIS PRIOR CYCLE, OR THE COMPUTATION YEAR IS BEGING CHANGED, ACTUAL ACTIVITY STOPS AT

THAT POINT. THIS STATEMENT IS INFORMATION ONLY AND REQUIRES NO ACTION ON YOUR PART.

YOUR PAYMENT BREAKDOWN AS OF 02/01/2021 IS:

PRIN & INTEREST $1,241.10

ESCROW PAYMENT $389.83

SHORTAGE PYMT $373.19

BORROWER PAYMENT $2,004.12

 PAYMENTS TO ESCROW PAYMENTS FROM ESCROW ESCROW BALANCE

MONTH PRIOR PROJECTED ACTUAL PRIOR PROJECTED ACTUAL DESCRIPTION PRIOR PROJECTED ACTUAL

 STARTING BALANCE $2,320.50 $3,817.37-

FEB $389.83 $711.24 * $2,710.33 $3,106.13-

MAR $389.83 $0.00 * $2,302.00 UNIT HAZARD $798.16 A-> $5,616.13-

MAR $2,510.00 * UNIT HAZARD

APR $389.83 $1,711.34 * $1,187.99 $3,904.79-

MAY $389.83 $763.02 * $1,251.50 * COUNTY TAX $1,577.82 $4,393.27-

JUN $389.83 $763.02 * $1,187.99 COUNTY TAX T-> $779.66 $3,630.25-

JUL $389.83 $763.02 * $1,169.49 $2,867.23-

AUG $389.83 $763.02 * $1,559.32 $2,104.21-

SEP $389.83 $2,289.06 * $1,949.15 $184.85

OCT $389.83 $0.00 * $2,338.98 $184.85

NOV $389.83 $763.02 * $1,251.50 * COUNTY TAX $2,728.81 $303.63-

DEC $389.83 $0.00 $1,187.99 COUNTY TAX $1,930.65 $303.63-

JAN $389.83 $0.00 $2,320.48 $303.63- __________ __________ __________ __________

 $4,677.96 $8,526.74 $4,677.98 $5,013.00

UNDER FEDERAL LAW, WHEN YOUR ACTUAL ESCROW BALANCE REACHED THE LOWEST POINT, THAT BALANCE WAS

TARGETED NOT TO EXCEED 1/6TH OF THE ANNUAL PROJECTED DISBURSEMENTS. YOUR LOAN DOCUMENTS OR STATE

LAW MAY SPECIFY THAT YOUR LOWEST BALANCE MUST BE A LOWER AMOUNT THAN THE FEDERAL LAW ALLOWS.

UNDER YOUR MORTGAGE CONTRACT OR STATE OR FEDERAL LAW, YOUR TARGETED LOW POINT BALANCE (T) WAS

$779.66. YOUR ACTUAL LOW POINT ESCROW BALANCE (A) WAS $5,616.13-.

BY COMPARING THE ANTICIPATED ESCROW TRANSACTIONS WITH THE ACTUAL TRANSACTIONS YOU CAN DETERMINE

WHERE A DIFFERENCE MAY HAVE OCCURRED. AN ASTERISK (*) INDICATES A DIFFERENCE IN EITHER THE AMOUNT OR

DATE OF THE PROJECTED ACTIVITY THAT HAS NOT YET OCCURRED DUE TO THE DATE OF THIS STATEMENT. 

IF THERE ARE NO PRIOR PAYMENTS TO OR FROM ESCROW SHOWN, THERE WAS NO PRIOR PROJECTION TO WHICH THE

ACTUAL ACTIVITY COULD BE COMPARED. 

Determining your Shortage or Surplus

Shortage:

Any shortage in your escrow account is usually caused by one the following items: An increase, if any, in what was paid for insurance and/or taxes from your escrow account.

A projected increase in taxes for the upcoming year.

The number of months elapsed from the time of these disbursements to the new payment effective date.

Shortages are divided evenly of the next twelve months. To reduce the increase in your monthly payment, the

shortage can be paid either partially or in full.

Surplus:

A surplus in your escrow account is usually caused by one the following items: The insurance/taxes paid during the past year were lower than projected.

A refund was received from the taxing authority or insurance carrier.

Additional funds were applied to your escrow account.

If your surplus is $50.00 or greater and your loan was contractually current at the time when the analysis was

run or calculated, a check will be sent to you. If your surplus is less than $50.00, the funds will be retained in

your escrow account. 

...

...

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Licensed as Servis One, Inc. dba BSI Financial Services BSI Financial Services BSI NMLS# 38078.

Customer Care Hours: Mon. - Fri. 8:00 am to 11:00 pm (ET) and Sat. 8:00 am to 12:00 pm (ET).

If you have filed a bankruptcy petition and there is an "automatic stay" in effect in your bankruptcy case or you have received a discharge of your personal liability for the obligation identified in this letter, we may

not and do not intend to pursue collection of that obligation from you personally. If either of these circumstances apply, this notice is not and should not be construed to be a demand for payment from you

personally. Unless the Bankruptcy Court has ordered otherwise, please also note that despite any such bankruptcy filing, whatever rights we hold in the property that secures the obligation remain unimpaired.

Case 17-32589-KLP Doc Filed 12/10/21 Entered 12/10/21 08:46:07 Desc Main

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UNITED STATES BANKRUPTCY COURT 

EASTERN DISTRICT OF VIRGINIA 

RICHMOND DIVISION 

In Re: Case No. 17-32589-KLP

Haywood L. Dabney 

 aka Haywood Lee Dabney 

Darshay L. Dabney 

 aka Darshae Latoya Dabney

Chapter 13 

Debtors. Judge Keith L. Phillips

CERTIFICATE OF SERVICE 

I certify that on December 10, 2021, a copy of the foregoing Notice of Mortgage Payment 

Change was filed electronically. Notice of this filing will be sent to the following party/parties 

through the Court’s ECF System. Party/Parties may access this filing through the Court’s system: 

Richard C. Pecoraro, Debtors’ Counsel 

rich@richlawrva.com 

Suzanne E. Wade, Chapter 13 Trustee 

ecfsummary@ch13ricva.com 

Office of the United States Trustee 

(registeredaddress)@usdoj.gov 

I further certify that on December 10, 2021, a copy of the foregoing Notice of Mortgage Payment 

Change was mailed by first-class U.S. Mail, postage prepaid and properly addressed to the 

following: 

Haywood L. Dabney, Debtor 

 Darshae L. Dabney, Debtor 

 1612 Cedar Grove Terrance 

 Henrico, VA 23228 

Dated: December 10, 2021 /s/ D. Anthony Sottile

 D. Anthony Sottile 

Authorized Agent for Creditor 

Sottile & Barile, LLC 

394 Wards Corner Road, Suite 180 

Loveland, OH 45140 

Phone: 513.444.4100 

Email: bankruptcy@sottileandbarile.com

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