Transfer of Claim

CSD

Local Rule #

Federal Rule #

Category: Claims Action

1. Identify the court assigned claim number.

   Access the claim register to identify the claim number. The claim number will be needed when filing the Assignment/Transfer of Claim.

2. Verify that both the Purchaser and Seller are listed on the case.

   Using the creditor mailing matrix check to see that the Purchaser and Seller are listed on the creditor mailing matrix.

   If the creditor is not listed on the creditor mailing matrix, add the creditors to the mailing matrix list.

    

3. File the Assignment/Transfer of Claim

1. 1. Select Bankruptcy menu.
   2. Select Claim Actions.
   3. Ensure correct case name and number match the document you are filing.
   4. Select party filer.
      • Party filer not listed, Add/Create New Party .

        Use the Add/Create New Party only when party is not on the Party Filer pick list. From the Select the Party screen: Click on Add/Create New Party hyperlink. The Search for Party screen appears. Enter social security number, tax identification number or last/business name (upper and lower case) to search for new party name in the ECF database. The Party Search Results appears. Party name appears: select name and verify party name information in pop-up window. Party information is correct, click Select name from list button. Party name appears but information is incorrect, click on Create New Party. The Party Information screen appears. Complete or update all appropriate fields for the party filer. Select appropriate Role for new party filer such as Creditor (cr:cr). Party name does not appear, click on Create New Party. The Party Information screen appears. Complete or update all appropriate fields for the party filer. Select appropriate Role for new party filer such as Creditor (cr:cr). Once this is complete you will return to the Select the Party screen, which will list the party filer name.

        Quick Note Making any changes in Add/Create New Party screen will only affect this case.  Remember to change the ROLE accordingly.

   5. Select Document Event: Transfer of Claim (BNC)(fee).
   6. Browse , verify and attach the document (PDF file).

      Locate the document (PDF or TXT). Right-mouse click on the correct filename. Select Open from the drop down menu. This will launch the PDF or TXT file's application. Verify the document. Close the document by clicking on the X in the upper-right hand corner of the Adobe or NotePad application. Click on the Open button in ECF to attach the document in the Browse field.

      Quick Note The court quality assures all incoming files and verifies for /s/signatures, missing pages, correct document to selected event, case number, readable file, etc.

      • Attach supportive documents, if applicable.

        From the first Browser screen: Click on the Yes button at Attachments to Documents. Click the "Next" button. In the second Browser screen: Browse, verify and attach supportive document (PDF file). Select Category of document such as Declaration, Exhibit, etc. or type description of document. Click on Add to List. Repeat steps 1 - 3 until all supportive documents are attached. When done, click on Next to continue procedure.

        Quick Note NEVER attach a document that can be filed under Notices & Hearing.

   7. Submit.
   8. Click on the hyperlinks below for instruction on how to enter the appropriate data.
      1. Select the applicable Transfer type, which will generate the appropriate notice.
         • 3001(e)1
         • 3001(e)2
         • 3001(e)3
         • 3001(e)4
      2. For Purchaser, Assignee, Transferee (creditor purchasing the claim)
         • Search for creditor
         • 1. Type the creditor's name in the "Search for (Purchaser, Assignee, Transferee)" field and click the Search Creditor button. NOTE: If no name is entered in the search field, then all case creditors appear.
           2. If creditor's name does not appear in the creditor list, then select Add New Creditor button to add them.

          

      3. For Seller, Assignor, Transferor (creditor selling the claim)   Note: This screen allows for up to three creditors to be added. Click on the Transfer More Claims button if there are more than three creditors.
         1. Search for creditor
         2. 1. Type the creditor's name in the "Search for (Seller, Assignor, Transferor)" field and click the Search Creditor button. NOTE: If no name is entered in the search field, then all case creditors appear.
            1. • Creditor name appears, claim filed
                 • Select the name
                 • Verify claim number as it was shown on the claims register.

                  

               • Creditor name appears, no claim filed
                 • Select name
                 • Click OK at the "Warning this creditor has not filed a claim" pop up.

                  

               • Creditor name does not appear

                 You will need to STOP and add the creditor to the creditor mailing matrix as instructed above before continuing to file the assignment/transfer of claim.

          

   9. Verify filing fee.
   10. Submit.  
   11. Verify final docket text before submitting onto case docket
   12. Print the Notice of Electronic Filing. It's your receipt. 

       Print to PDF Click on File on the application's menu bar. Click on Print from the drop down menu. The Print Dialog Box appears. Select Acrobat PDF Writer as your current printer selection and press Print. The Save PDF File As screen appears. Name your PDF file. Click in the Save in: Window to choose the directory to save your PDF file. Click on the Save button to print to PDF. Print a paper copy Click on File on the application's menu bar. Click on Print from the drop down menu. The Print Dialog Box appears. Select your current printer and press the Print button.

       Quick Note Keep original signed document along with the Notice of Electronic Filing at your office.

   13. Continue to pay the filing fee.

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