Daniel M. Press, VSB# 37123 

CHUNG & PRESS, P.C. 

6718 Whittier Avenue, Suite 200 

McLean, Virginia 22101 

Counsel for Debtors 

 UNITED STATES BANKRUPTCY COURT 

 EASTERN DISTRICT OF VIRGINIA 

(Alexandria Division)

---------------------------------------------------------------X 

In re: : Chapter 11 

 : 

Darrall A. Griffin : Case No. 16-13433-BFK 

 : 

Debtor. : 

 : 

---------------------------------------------------------------X 

MOTION TO APPROVE LOAN MODIFICATION AGREEMENT

 Debtor, through counsel, moves for approval of the Loan Modification Agreement 

attached as Exhibit A. In support hereof, Debtor states as follows: 

 1. This Court has jurisdiction over this matter pursuant to 28 USC §§ 1334 and 157. 

 This is a core proceeding. 

 2. A modification acceptable to Debtor has been agreed to by the current 

holder/serviver of the secured mortgage claim on Debtor’s residence, Rushmore Loan 

Management Servives, LLC. 

 3. The terms, in summary, are: 

A. The principal amount of the loan before modification: $947,859.24 

B. The principal amount of the loan immediately after modification: $1,036,153.12 ($885,000 is 

interest bearing and amortized, remainder deferred. 50% of deferred principal subject to 

forgiveness). 

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C. The interest rate applicable to the loan before modification: 6% 

D. The interest rate applicable to the loan immediately after modification: 5.5% 

E. The term or maturity date of the loan before modification: 7/1/2052 

F. The term or maturity date of the loan immediately after modification: 6/1/2047 

G. The monthly payment on the loan before modification, indicating whether that amount 

includes payments for any items other than principal and interest: $4696.76, including $3,851.50 

principal and interest, and $845.26 tax and insurance escrow 

H. The monthly payment on the loan immediately after modification, indicating whether that 

amount includes payments for any items other than principal and interest: $5477.82, including 

$4567.15 principal and interest, and $910.67 tax and insurance escrow. 

I. Whether the modified loan includes any future payment changes or balloon payments and, if 

so, the terms of such future payment changes or balloon payments: Yes: escrow adjustments, and 

balloon – loan amortized over 40 years, but matures in 30; plus deferred principal due at 

maturity. 

 4. The modification will not prejudice any creditor in any way. 

 WHEREFORE, Debtor respectfully request that the Loan Modification Agreement be 

approved. 

Dated: January 15, 2018. 

 Respectfully submitted, 

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 __/s/ Daniel M. Press ________ 

 Daniel M. Press, VSB# 37123 

 CHUNG & PRESS, P.C. 

 6718 Whittier Avenue, Suite 200 

 McLean, Virginia 22101 

 (703) 734-3800 

 Counsel for Debtor 

CERTIFICATE OF SERVICE 

 This is to certify that on the 15th day of January, 2018, I caused the foregoing Motion to 

be served by CM/ECF, where available, or first-class mail, postage pre-paid, upon all creditors 

listed on the List of Creditors and the U.S. Trustee. 

 __/s/ Daniel M. Press ________ 

 Daniel M. Press 

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 Label Matrix for local noticing Capital One Bank (USA), N.A. by American Inf PROF-2013-M4 Legal Title Trust, by U.S. Bank 

 0422-1 PO Box 71083 939 W. North Avenue 

 Case 16-13433-BFK Charlotte, NC 28272-1083 Suite 680 

 Eastern District of Virginia Chicago, IL 60642-1231 

 Alexandria 

 Mon Jan 15 16:20:39 EST 2018 

 Pra Receivables Management, Llc As Agent Of United States Bankruptcy Court Aldridge Pite LLP 

 POB 41067 200 South Washington Street c/o Gilbert Yabes 

 Norfolk, Va 23541-1067 Alexandria, VA 22314-5405 4375 Jutland Drive, Suite 200 

 PO Box 17933 

 San Diego CA 92177-7921 

 

 (p)AMERICAN HONDA FINANCE Ashley Funding Ashley Funding Services, LLC its successors 

 P O BOX 168088 Resurgent Capital Services assigns as assignee of Laboratory 

 IRVING TX 75016-8088 PO Box 10587 Corporation of America Holdings 

 Greenville, SC 29603-0587 Resurgent Capital Services 

 PO Box 10587 

 Greenville, SC 29603-0587 

 Bank of America Capital One Capital One Bank (USA), N.A. 

 PO Box 26012 PO Box 71083 by American InfoSource LP as agent 

 Greensboro, NC 27420-6012 Charlotte, NC 28272-1083 PO Box 71083 

 Charlotte, NC 28272-1083 

 

 Fairfax County Tax Administrat Fay Servicing Internal Revenue Service 

 12000 Government Center Pkwy PO Box 220720 PO Box 7346 

 Suite 223 Chicago, IL 60622-0720 Philadelphia, PA 19101-7346 

 Fairfax, VA 22035-0076 

 Jemeire Talley Kingstowne Residential Owners Kristin Lough 

 5672 Tower Hill Circle C/O Rees Broome 3717 Gunston Road 

 Alexandria, VA 22315-5590 1900 Gallows Rd Ste 700 Alexandria VA 22302-2009 

 Tysons Corner, VA 22182-4098 

 Navy Federal Credit Union PROF-2013-M4 Legal Title Trust PROF-2013-M4 Legal Title Trust 

 P.O. Box 3000 Fay Servicing c/o Aldridge Pite, LLP 

 Merrifield, VA 22119-3000 939 W. North Avenue, Suite 680 4375 Jutland Drive, Suite 200 

 Chicago, IL 60642-1231 San Diego, CA 92117-3600 

 (p)PENTAGON FEDERAL CREDIT UNION Rushmore Loan Management Serv Rushmore Loan Management Services, LLC 

 ATTN BANKRUPTCY DEPARTMENT PO Box 55004 P.O. Box 55004 

 P O BOX 1432 Irvine, CA 92619-5004 Irvine, CA 92619-5004 

 ALEXANDRIA VA 22313-1432 

 Samuel I White PC Samuel I. White, P.C. Synchrony Bank 

 5040 Corporate Woods Dr 1804 Staples Mill Road c/o of PRA Receivables Management, LLC 

 Virginia Beach, VA 23462-4377 Suite 200 PO Box 41021 

 Richmond, VA 23230-3530 Norfolk, VA 23541-1021 

 Virginia Department of Taxatio Wilmington Savings Fund Societ Daniel M. Press 

 PO Box 2156 Christiana Trust Chung & Press, P.C. 

 Richmond, VA 23218-2156 500 Delaware Avenue 6718 Whittier Ave., Suite 200 

 Wilmington, DE 19801-7405 McLean, VA 22101-4531 

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 Darrall A Griffin Judy A. Robbins 

 5672 Tower Hill Circle Office of the U.S. Trustee - Region 4 

 Alexandria, VA 22315-5590 115 South Union Street, Room 210 

 Alexandria, VA 22314-3361 

 

 The preferred mailing address (p) above has been substituted for the following entity/entities as so specified 

 by said entity/entities in a Notice of Address filed pursuant to 11 U.S.C. 342(f) and Fed.R.Bank.P. 2002 (g)(4). 

 American Honda Finance (d)American Honda Finance Corporation Pentagon Federal Credit Union 

 PO Box 168088 National Bankruptcy Center PO Box 1432 

 Irving, TX 75016-0000 P.O. Box 168088 Alexandria, VA 22313-1432 

 Irving, TX 75016-8088 

 866-716-6441 

 

 The following recipients may be/have been bypassed for notice due to an undeliverable (u) or duplicate (d) address. 

 (u)FAY SERVICING, LLC (u)Wilmington Savings Fund Society, FSB, d/b/ (du)Fay Servicing, LLC 

 End of Label Matrix 

 Mailable recipients 31 

 Bypassed recipients 3 

 Total 34

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