Transfer of Claim Filed by Limited Filer

Official Procedure - Last Updated: November 20, 2023

References

Updates

11/20/2023 - Added Fee Schedule link under Background.

Archived

Date	Description
11/20/2023	Added Fee Schedule link under Background.
08/16/2019	Updated to remove claim amount from the Search Creditors screen in step #12
08/07/2018	Expanded background and added Alert message to step #8
04/30/2013	Updated for new fee effective May 1, 2013
05/06/2001	Created

Background:

Fees

28 U.S.C. § 1930 the Bankruptcy Court Miscellaneous Fee Schedule prescribes a fee per each claim transferred, which is due upon filing. Refer to Schedule of Fees for Filing Fee requirements.

Please be sure the claim number match the information on the Claim Register.  You will be required to enter that information during the filing process.  

Transferor owner of claim before transfer  

Transferee party who purchased claim

Transferee party who purchased claim and Transferor owner of claim before transfer name should never be the same. If you are ONLY updating address information for the current owner of the claim, STOP! do not follow this procedure. Access Change of Address Limited Filer.

Do not follow these instructions when filing an Amended Transfer of Claim.  Refer to the Amended Transfer of Claim Filed by Limited Filer procedure.

Step-by-Step Procedures:

1. Select [Bankruptcy>Creditor Claimant Activity]

2. Enter case number and click Next

3. Select Transfer of Claim from event pick list and click Next

4. Click Next to bypass the select additional attorney(s) screen

   When a selection is not made, you will get the following warning:

5. Click OK to continue

6. Select Party (Transferee party who purchased claim) from party pick list or Add/create new party to add your company
7. Click Next

8. The following alert  will display, click Next

   

9. The PDF Document selection screen will display.  The document being filed must be uploaded to CM/ECF at this point.

   Browse, View and Attach

   Click Next

10. The Claims Option Menu will display

    

Select the appropriate radio button and click Next

11. If a Stop Message, displays, back up and select the correct radio button. If not go to step 12

    

12. Follow the instructions below based on your select in Step 10

Claim Filed on Court Register

The Claims Selection Screen will display

You can sort the listing by creditor name and claim #

• Select the correct claim number from list by highlighting the claim number (the Claim number will appear in the box)

Make note of the following to complete the next screen:

• Name of Transferor owner of claim before transfer
• Claim number
• Click Next

 

The objection due date screen will display. The date is automatically calculated. Click Next

The Search Creditors screen requires the entry of the transferee's party who purchased claim and the transferor's owner of claim before transfer name.

• Enter Transferee's party who purchased claim name

  
  Transferee party who purchased claim and Transferor owner of claim before transfer name should never be the same. If ONLY updating address for the current owner of the claim, see Change of Names or Address Limited Filer.
  
  

  • Click Search Creditors button

Important: The creditor record must be an exact match of the name and address. If it is not, please add a new creditor record that matches the information on the Transfer of Claim.

Click here The Select Creditor window will appear. Select creditor Click Select button. The creditor's name now appears in the top two fields. if a match is found Click here You will get the following message; "No creditors found matching" Click Add Creditor. A window will appear for you to enter the creditor's name and address. Enter creditor's name and address. Click Submit if a match is not found

Next, the transferor owner of claim before transfer section of the page must be completed.

• Enter Transferor's owner of claim before transfer name in the Search for Transferor field

• Click Search Creditors button

• Select the creditor record which has the claim number at the end.

  Note: the Claim Number is automatically completed by the selection of the creditor record.

• Verify the claim number is correct

• Click  Select

• Click Next

Claims / Noticing Agent

The Transfer Information Screen will display

• Enter Claim Number, if known

  
  Transferee party who purchased claim and Transferor owner of claim before transfer name should never be the same. If Only updating address for the current owner of the claim see Change of Address Limited Filer procedure.
  
  

• Enter Transferor's owner of the claim before transfer name

• Enter Transferee's party who purchased claim name

 

The objection due date screen will be display.  The date is automatically calculated. Click Next

 

Claim Listed on Schedules, No Claim Filed (Chapter 11 only)

The Transfer Information Screen will display

Transferee party who purchased claim and Transferor owner of claim before transfer name should never be the same. If ONLY updating current owner of address see Change of Name for Address for Limited Filer procedure.

• Enter the name of the Transferor owner of claim before transfer
• Enter the name of the Transferee party who pruchased claim

The objection due date screen will be display.  The date is automatically calculated. Click Next

13. The Fee Screen will display , click Next

14. A blank page will display, click Next
    

15. The Final Text page will display.  This is your final opportunity to modify the entry before submitting the filing.

Examples: 

If Claim Filed on Court Register was chosen

Transfer of Claim. Transferor: Nicor Gas (Claim No. 12) To Advance America Fee Amount $25 Filed by (Name of creditor) . Objections due by 05/17/2013. (Name)

If Claims / Noticing Agent was chosen  

Transfer of Claim. 1 from Transferor to Transferee Fee Amount $25 Filed by (Name of creditor). Objections due by 05/17/2013. (Name).

If Claim listed on Schedules, No Claim Filed (Chapter 11 only) was chosen

Transfer of Claim from (Transferor) to (Transferee) Fee Amount $25.00. Filed by (Name of creditor). Objection due by 7/11/2018 (Name)

16. Verify the accuracy of the docket text  

• If corrections are needed use Back button to navigate back to previous screen and make correction or click Bankruptcy to abort filing and start over.

• If entry is correct, go to step 17

17. Click Next to complete filing process

     

Electronic Payment

The summary of current charges will display.

18. Select one of the two options:

     

    Pay Now

     

    or

     

    Continue Filing

     

     

The Notice of Electronic Filing will display.  It is the verification that the filing has been sent electronically to the court.

Copies of this notice and the document filed are emailed to all participants who receive electronic notification in the case.  You have a period of 15 days for a one time free look at the document filed.