The Subservicing Scene Episode 9: Bankruptcy Rule 3002.1 Changes

The Bankruptcy Rule 3002.1 changes went into effect on December 1st, 2025, and the impact is starting to take shape. Servicers and lenders are getting a clearer picture of how these changes perform in practice, where processes hold up, where they break down, and where risk is showing up in ways many did not anticipate. If you service loans or rely on a subservicer, this is the point where implementation turns into accountability. In this episode, Richey May’s subservicing oversight experts walk through what has changed and what the industry is experiencing now that these requirements are being tested in real cases.