6-107. Notification to creditors.
192 words·~1 min read·
/ne/chapter-6/6-107A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Unless a creditor waives in a signed record the right to notification, an assignee shall send a notification of the assignment to each creditor known to the assignee within a reasonable time not to exceed thirty days after the effective date of the assignment agreement.
(b)The notification must:
(1)be in a record signed by the assignee;
(2)include the assignee's name, address, and other contact information reasonably necessary to communicate with the assignee;
(3)provide reasonable instructions for submitting a proof of claim using the method established by the assignee under subdivision (b)(5) of section 6-109 ; and
(4)identify the date established under subdivision (b)(6) of section 6-109 by which each creditor whose claim is not otherwise allowed without a timely proof of claim under the Uniform Assignment for Benefit of Creditors Act must submit a proof of claim.
(c)An assignee shall use reasonable means to provide the information in subsection
(b)of this section to unknown creditors, including by any means the assignor regularly used to:
(1)provide information to the assignor's creditors; or
(2)communicate information about the assignor, other than advertising, to the public.