05 Dec What is a Notice of Transfer of Claim?
Since Chapter 13 can take up to five years, there is a good chance that one or more of your creditors will change names, sell your account or go out of business. If this happens, the new creditor will file a Notice of Transfer of Claim with the Clerk of Court directing that all notices and trustee disbursements be sent to the transferee creditor.
I posted a copy of this type of Notice of Transfer of Claim on my Atlanta Bankruptcy web site.
As the debtor, you will receive a copy of this Notice. There is nothing you need to do or file. Your attorney will need to modify his matrix list of creditor to reflect the new name and address.
by Jonathan Ginsberg, Atlanta bankruptcy lawyer
Jonathan Ginsberg, Esq.
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