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    Bulk Sale Advance Notice To Creditors

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    INFO FINDERS
    The document notifies creditors that a bulk transfer of property from one business to another is about to occur. It provides the business addresses of the seller and buyer. The debts of the seller may not be paid in full and creditors must file any claims in writing before a specified date, after which the bulk transfer will take place. The property to be transferred includes all inventory of the seller located at a certain address.

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    Bulk Sale Advance Notice To Creditors

    Uploaded by

    INFO FINDERS
    48 views2 pages
    The document notifies creditors that a bulk transfer of property from one business to another is about to occur. It provides the business addresses of the seller and buyer. The debts of the seller may not be paid in full and creditors must file any claims in writing before a specified date, after which the bulk transfer will take place. The property to be transferred includes all inventory of the seller located at a certain address.

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    Bulk Sale Advance Notice to Creditors

    Original Title

    Bulk_Sale_Advance_Notice_to_Creditors

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    The document notifies creditors that a bulk transfer of property from one business to another is about to occur. It provides the business addresses of the seller and buyer. The debts of the seller may not be paid in full and creditors must file any claims in writing before a specified date, after which the bulk transfer will take place. The property to be transferred includes all inventory of the seller located at a certain address.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
    Download as rtf, pdf, or txt
    48 views2 pages

    Bulk Sale Advance Notice To Creditors

    Uploaded by

    INFO FINDERS
    The document notifies creditors that a bulk transfer of property from one business to another is about to occur. It provides the business addresses of the seller and buyer. The debts of the seller may not be paid in full and creditors must file any claims in writing before a specified date, after which the bulk transfer will take place. The property to be transferred includes all inventory of the seller located at a certain address.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
    Download as rtf, pdf, or txt
    of 2

    To All Creditors, Advanced Notice of Bulk Sale

    Pursuant to Section 6-107 of the Uniform Commercial Code, __________________ is about to


    make a bulk transfer of property to __________________.

    The business address of the SELLER is _____________________, _________,


    ____________.

    The business address of the BUYER is _____________________, ___________, _______.

    So far as is known to the BUYER, the SELLER has not used any business name and address
    other than the above for the last three years, except for:
    _______________________________________________________________

    The debts of the SELLER are not to be paid in full as they come due, or it is unknown whether
    the debts of the SELLER will be paid as due.

    The property to be transferred is located at __________________ ________________,


    ___________, _________________________, and comprises:

    all of the inventory of goods of the SELLER.

    The total of the SELLER’s debt is estimated to be $ ______ ( _____________ &___/100


    dollars.)
    The list of all creditors and a schedule of the property to be transferred is may be inspected
    during regular business hours at
    _____________________________________, ________________________,
    ________________.

    The transfer ________ being made to pay existing debts:


    ____________________________________________________________

    The transfer is for new consideration.


    ____________________________________________________________

    Creditors of the SELLERS must file their claims in writing at:


    _______________________________
    _______________________________
    before _________, 20___.

    This bulk transfer will take place on or after ___________, 20___.

    Dated: ________________________________________

    _____________________________________________________
    For ________________
    To All Creditors, Advanced Notice of Bulk Sale
    Review List

    This review list is provided to inform you about this document in question and assist you in its
    preparation. This notice is written to give prior notice of a bulk transfer; the other notice
    appearing is for an after the fact notification. This notice is required by law in one form or the
    other. The difference in the forms relates to the timing of the notification.

    1. Make multiple copies. Send one to each party. Faxing is ideal since you can get a
    receipt from your fax machine.

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