Page 1 of 1

Does transfer of creditor claim violate stay?

Posted: Thu May 19, 2016 5:22 pm
by Yahoo Bot

Will be okay but be sure to comply with 3001(e).
Sincerely,
*Michael Avanesian, Esq. *
Avanesian Law Firm
801 N. Brand Blvd., Suite #1130
Glendale, CA 91203
Tel: 818.276.2477 | Fax: 818.208.4550
*Confidentiality**: *This electronic transmission and its contents are
legally privileged and confidential information and intended solely for the
use of the addressee. If the reader of this message is not the intended
recipient, you are hereby notified that any dissemination, distribution,
copying or other use of this message and its contents is strictly
prohibited. If you have received this transmission in error, please reply
to us immediately and delete this message from your directory.
*IRS Circular 230 Disclosure:* To ensure compliance with requirements
imposed by the IRS, please be advised that any U.S. federal tax advice
contained in this communication (including any attachments) is not intended
or written to be used or relied upon, and cannot be used or relied upon,
for the purpose of (i) avoiding penalties under the Internal Revenue Code,
or (ii) promoting, marketing or recommending to another party any
transaction or matter addressed herein.
On Thu, May 19, 2016 at 5:15 PM, 'Vernon L. Ellicott, Esq.' vle@vlelaw.com
[cdcbaa] wrote:
>
>
> Chapter 13 case. Unsecured creditor wants to sell claim to debt
> collector. No attempt will be made to collect outside the BK process. I
> looked at the code and resources but cant find anything that relates to
> whether this is a violation of the automatic stay. My instinct says no,
> because it is not an attempt to collect on the debt, but merely a transfer
> of ownership of the debt.
>
>
>
> Appreciate your thoughts.
>
>
>
> Vernon L. Ellicott, Esq.
>
> P.O. Box 4361
>
> Westlake Village, CA 91359-4361
>
> (805) 446-6262 (Voicemail Only)
>
>
>
>
>
Will be okay but be sure to comply with 3001(e).Avanesian Law Firm801 N. Brand Blvd., Suite #1130
The post was migrated from Yahoo.

Does transfer of creditor claim violate stay?

Posted: Thu May 19, 2016 5:15 pm
by Yahoo Bot

Chapter 13 case. Unsecured creditor wants to sell claim to debt collector. No attempt will be made to collect outside the BK process. I looked at the code and resources but can't find anything that relates to whether this is a violation of the automatic stay. My instinct says no, because it is not an attempt to collect on the debt, but merely a transfer of ownership of the debt.
Appreciate your thoughts.
Vernon L. Ellicott, Esq.
P.O. Box 4361
Westlake Village, CA 91359-4361
(805) 446-6262 (Voicemail Only)

The post was migrated from Yahoo.