Get Notice Of Our Plan To Sell Property

Filling out the Notice Of Our Plan To Sell Property is essential for notifying debtors about the intention to sell or lease collateral. This guide will walk you through each section of the form, ensuring clarity and ease of understanding for all users, regardless of their legal experience.

Follow the steps to complete your form effectively.

1. Click ‘Get Form’ button to obtain the form and open it in your editor.
2. Enter the secured party name, address, and telephone number in the designated fields.
3. Fill in the date you are completing the form.
4. Specify the recipient by entering the name of the debtor, obligor, or other relevant person.
5. List the names of the debtor(s) who are not the addressee in the appropriate section.
6. For a public disposition, describe the collateral you intend to sell or lease and provide details for the sale, including date, time, and place.
7. Alternatively, if opting for a private disposition, describe the collateral, indicate that the sale will occur after a specified date, and provide any additional details.
8. Clarify the financial implications: detail how the sale proceeds will affect the outstanding debt and specify if there is a potential reimbursement for excess proceeds.
9. Provide the secured party's contact information for debtors to inquire about the amount needed to reclaim the property before the sale.
10. List any other individuals with an interest in the collateral or indebtedness, ensuring comprehensive notification.
11. Include the fee for an accounting of the unpaid indebtedness, if applicable.
12. Review all information for accuracy before finalizing your document.
13. Once you've made all necessary entries, you can save changes, download, print, or share the completed form as needed.

Complete your documents online with confidence and ease.