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North Carolina National Creditor Registration Service - Evidence of Authority

State:
North Carolina
Control #:
NC-SKU-0054
Format:
PDF
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Description

National Creditor Registration Service - Evidence of Authority

North Carolina National Creditor Registration Service — Evidence of Authority is a service offered by the North Carolina Secretary of State's office that allows creditors to register with the state in order to have priority status when collecting debt from debtors. This service serves as evidence of the creditor's right to collect debt owed. It is designed to protect creditors from potential liability and protect debtors from potential overreach. There are two types of North Carolina National Creditor Registration Service — Evidence of Authority: the Standard Registration and the Enhanced Registration. The Standard Registration requires creditors to provide basic information about their business, such as the business name, address, and contact information, along with a filing fee. The Enhanced Registration requires more detailed information about the creditor's business, as well as additional fees. Both types of registration require the creditor to provide proof of their authority to collect the debt.

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FAQ

A proof of claim is a form used by the creditor to indicate the amount of the debt owed by the debtor on the date of the bankruptcy filing. The creditor must file the form with the clerk of the same bankruptcy court in which the bankruptcy case was filed. Secured Claim Under 11 U.S.C. § 506 (a)

Proof of Claim means a proof of Claim Filed against any of the Debtors in the Chapter 11 Cases. Proof of Interest means a proof of Interest Filed against any of the Debtors in the Chapter 11 Cases.

Creditor's claim (sometimes referred to as a proof of claim) is a filing with a bankruptcy or probate court to establish a debt owed to that individual or organization.

If a secured creditor fails to file proof of claim, then you will not make any payments toward what you owe on your house or car during your repayment plan. At the end of the bankruptcy process, to keep the collateral, you will still owe the full amount of these secured debts. Plus, you may owe interest and other fees.

Filing the Documents Take the original and two (2) copies of the Motion to the Civil Division of the Clerk of Superior Court's office in the county where your case is filed. The Clerk will stamp each Motion ?filed,? place the original in the Court file and return two (2) copies of the ?filed? document to you.

Providing Supporting Documentation A Proof of Claim must include any pertinent documentation, such as promissory notes, purchase orders, contracts, invoices, delivery receipts or security agreements. Other documentation might include monthly statements, pay records and ledgers.

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North Carolina National Creditor Registration Service - Evidence of Authority