Official Form 410S1

Notice of Mortgage Payment Change 12/15

If the debtor’s plan provides for payment of postpetition contractual installments on your claim secured by a security interest in the 

debtor’s principal residence, you must use this form to give notice of any changes in the installment payment amount. File this form

as a supplement to your proof of claim at least 21 days before the new payment amount is due. See Bankruptcy Rule 3002.1.

Name of creditor: _______________________________________ Court claim no. (if known): _____________________

Last 4 digits of any number you use to 

identify the debtor’s account: ____ ____ ____ ____ 

Date of payment change:

Must be at least 21 days after date 

of this notice

____/____/_____

New total payment:

Principal, interest, and escrow, if any

$ ____________

Part 1: Escrow Account Payment Adjustment 

1. Will there be a change in the debtor’s escrow account payment?

q No

q Yes. Attach a copy of the escrow account statement prepared in a form consistent with applicable nonbankruptcy law. Describe

the basis for the change. If a statement is not attached, explain why: ___________________________________________

__________________________________________________________________________________________________

Current escrow payment: $ _______________ New escrow payment: $ _______________

Part 2: Mortgage Payment Adjustment

2. Will the debtor’s principal and interest payment change based on an adjustment to the interest rate on the debtor's 

variable-rate account?

q No

q Yes. Attach a copy of the rate change notice prepared in a form consistent with applicable nonbankruptcy law. If a notice is not 

attached, explain why: _______________________________________________________________________________

__________________________________________________________________________________________________

Current interest rate: _______________% New interest rate: _______________%

Current principal and interest payment: $ _______________ New principal and interest payment: $ _______________

Part 3: Other Payment Change

3. Will there be a change in the debtor’s mortgage payment for a reason not listed above?

q No

q Yes. Attach a copy of any documents describing the basis for the change, such as a repayment plan or loan modification agreement. 

(Court approval may be required before the payment change can take effect.)

Reason for change: ___________________________________________________________________________________

Current mortgage payment: $ _______________ New mortgage payment: $ _______________

Debtor 1 __________________________________________________________________ 

Debtor 2 ________________________________________________________________

(Spouse, if filing)

United States Bankruptcy Court for the: ______________________ District of __________ (State)

Case number ___________________________________________

Fill in this information to identify the case:

Official Form 410S1 Notice of Mortgage Payment Change page 1

The Secretary of Veteran's Affairs, an Office 

of the United States 7-2

 7 7 5 5

1,516.16

442.68 476.21

Joy Ancrum King

Eastern Virginia

19-71839-SCS

08 01 2020

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Document Page 1 of 5
Debtor 1 _______________________________________________________ Case number (if known) _____________________________________ First Name Middle Name Last Name

Part 4: Sign Here

The person completing this Notice must sign it. Sign and print your name and your title, if any, and state your address and 

telephone number.

Check the appropriate box.

q I am the creditor.

q I am the creditor’s authorized agent.

I declare under penalty of perjury that the information provided in this claim is true and correct to the best of my 

knowledge, information, and reasonable belief.

û_____________________________________________________________ Date ____/_____/________

Signature

Print: _________________________________________________________ Title ___________________________

First Name Middle Name Last Name

Company _________________________________________________________

Address _________________________________________________________

Number Street

___________________________________________________

City State ZIP Code

Contact phone (______) _____– _________ Email ________________________

Official Form 410S1 Notice of Mortgage Payment Change page 2

X

Joy Ancrum King 19-71839-SCS

/s/ Michelle R. Ghidotti-Gonsalves 07 09 2020

Michelle R. Ghidotti-Gonsalves AUTHORIZED AGENT

Ghidotti Berger, LLP

1920 Old Tustin Ave

Santa Ana, CA 92705

949 427 2010 bknotifications@ghidottiberger.com

Case 19-71839-SCS Doc Filed 07/09/20 Entered 07/09/20 18:52:07 Desc Main

Document Page 2 of 5
314 S. Franklin Street, 2nd Floor 

P.O. Box 517 

Titusville, PA 16354 

1-800-327-7861 

https://myloanweb.com/BSI 

PROPERTY ADDRESS

2500 FEATHERBED CT

CHESAPEAKE, VA 23325

HERMAN JOHNSON

2500 FEATHERBED CT

CHESAPEAKE, VA 23325

 8

DATE: 06/16/20

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 08/01/2020

THROUGH 07/31/2021.

 -------- ANTICIPATED PAYMENTS FROM ESCROW 08/01/2020 TO 07/31/2021 ---------

HOMEOWNERS INS $2,490.00

CITY $3,224.56

TOTAL PAYMENTS FROM ESCROW $5,714.56

MONTHLY PAYMENT TO ESCROW $476.21

 ------ ANTICIPATED ESCROW ACTIVITY 08/01/2020 TO 07/31/2021 ---------

 ANTICIPATED PAYMENTS ESCROW BALANCE COMPARISON

MONTH TO ESCROW FROM ESCROW DESCRIPTION ANTICIPATED REQUIRED

 STARTING BALANCE --> $2,203.36 $1,574.95

AUG $476.21 $2,679.57 $2,051.16

SEP $476.21 $806.14 CITY $2,349.64 $1,721.23

OCT $476.21 $2,825.85 $2,197.44

NOV $476.21 $3,302.06 $2,673.65

DEC $476.21 $806.14 CITY $2,972.13 $2,343.72

JAN $476.21 $3,448.34 $2,819.93

FEB $476.21 $3,924.55 $3,296.14

MAR $476.21 $806.14 CITY $3,594.62 $2,966.21

APR $476.21 $2,490.00 HOMEOWNERS INS L1-> $1,580.83 L2-> $952.42

MAY $476.21 $2,057.04 $1,428.63

JUN $476.21 $806.14 CITY $1,727.11 $1,098.70

JUL $476.21 $2,203.32 $1,574.91

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

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

ESCROW SURPLUS. YOUR ESCROW SURPLUS IS $628.41.

 CALCULATION OF YOUR NEW PAYMENT 

PRIN & INTEREST $1,039.95

ESCROW PAYMENT $476.21

NEW PAYMENT EFFECTIVE 08/01/2020 $1,516.16

YOUR ESCROW CUSHION FOR THIS CYCLE IS $952.42.

PAGE 1 OF 2 

********** Continued on reverse side ************

Our records indicate that you have filed for Bankruptcy protection. As a result of your

Bankruptcy filing, escrow account deficiencies prior to your filing date have been removed

from calculation of your analysis, and they are now reflected as amounts due within your

pre-petition arrearage. This Escrow Analysis Statement was prepared under the

assumption that all escrow payments have been made in the amount required each

month. The surplus funds indicated above are not an accurate reflection of your escrow

account because no surplus funds will exist until all amounts are received towards your

pre-petition arrearage. 

011 1470947755_ESCROWDISCSTMT_200616 

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 ACCOUNT HISTORY

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

ESCROW ACTIVITY BEGINNING 07/01/2019 AND ENDING 06/30/2020. 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 07/01/2019 IS:

PRIN & INTEREST $1,039.95

ESCROW PAYMENT $442.68

BORROWER PAYMENT $1,482.63

 PAYMENTS TO ESCROW PAYMENTS FROM ESCROW ESCROW BALANCE

MONTH PRIOR PROJECTED ACTUAL PRIOR PROJECTED ACTUAL DESCRIPTION PRIOR PROJECTED ACTUAL

 STARTING BALANCE $1,024.21 $537.76-

JUL $442.68 $0.00 * $1,466.89 $537.76-

AUG $442.68 $0.00 * $806.14 * CITY $1,909.57 $1,343.90-

SEP $442.68 $0.00 * $746.55 CITY $1,605.70 $1,343.90-

OCT $442.68 $860.20 * $2,048.38 $483.70-

NOV $442.68 $430.10 * $2,491.06 $53.60-

DEC $442.68 $430.10 * $746.55 CITY $2,187.19 $429.64-

DEC $806.14 * CITY

JAN $442.68 $442.68 $2,629.87 $13.04

FEB $442.68 $442.68 $806.14 * CITY $3,072.55 $350.42-

MAR $442.68 $0.00 * $746.55 CITY $2,768.68 $2,840.42-

MAR $2,490.00 * HOMEOWNERS INS

APR $442.68 $0.00 * $2,326.00 HOMEOWNERS INS T-> $885.36 A-> $3,646.56-

APR $806.14 * CITY

MAY $442.68 $0.00 * $1,328.04 $3,646.56-

JUN $442.68 $0.00 $746.55 CITY $1,024.17 $3,646.56- __________ __________ __________ __________

 $5,312.16 $2,605.76 $5,312.20 $5,714.56

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

$885.36. YOUR ACTUAL LOW POINT ESCROW BALANCE (A) WAS $3,646.56-.

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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********** Continued from front **********

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

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 19-71839-SCS Doc Filed 07/09/20 Entered 07/09/20 18:52:07 Desc Main

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CERTIFICATEOFSERVICE

OnJuly 09, 2020, I served the foregoing documents described asNotice ofMortgage

Payment Change on the following individuals by electronic means through the Court’s ECF

program:

COUNSELFORDEBTOR

CarolynnAnneBedi Carolyn@bedilegal.com

TRUSTEE

R.ClintonStackhouse,Jr. bcourt@rcsch13.com

UNITEDSTATESTRUSTEE

JohnP.Fitzgerald,III ustpregion04.3no.ecf@usdoj.gov

IdeclareunderpenaltyofperjuryunderthelawsoftheUnitedStatesofAmericathatthe

foregoingistrueandcorrect.

/s/AnaPalacios

AnaPalacios

OnJuly 09, 2020, I servedthe foregoing documents described asNotice ofMortgage

PaymentChange onthefollowingindividualsbydepositingtruecopiesthereofintheUnitedStates

mail at Santa Ana, California enclosed in a sealed envelope, with postage paid, addressed as

follows:

Debtor:

JoyAncrumKing

2500FeatherbedCourt

Chesapeake,VA23325

IdeclareunderpenaltyofperjuryunderthelawsoftheUnitedStatesofAmericathatthe

foregoingistrueandcorrect.

/s/AnaPalacios

AnaPalacios

Case 19-71839-SCS Doc Filed 07/09/20 Entered 07/09/20 18:52:07 Desc Main

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