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Bankruptcy Creditors
TRANSACTION TIPS
The claims transfer process is a relatively straightforward exercise. However, inadvertent mistakes can lead to unnecessary and sometimes excessive delays in the transfer process. In certain instances the process may also be unintentionally delayed by the bankruptcy courts and/or transfer agents. While these hindrances are out of our control, there are several steps a creditor can take to help ensure an expedient transaction.
- File a proof of claim, if warranted.
- Gather all of the invoices and documentation to support your claim.
- Execute the contract and evidence of transfer of claim completely and correctly.
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