Notice to Creditors of Bulk Sale

Notice to Creditors of Bulk Sale

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This is an example of a Notice to Creditors of Bulk Sale which is a document informing creditors that a bulk sale transaction is about to take place.

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NOTICE TO CREDITORS

ADVANCED NOTICE OF BULK SALE

 

Pursuant to Section 6-107 of the Uniform Commercial Code, __________________ is scheduled to make a bulk transfer of property to __________________, on or about ______________ (date).

 

The business address of the SELLER is _____________________, _________, ____________.

 

The business address of the BUYER is _____________________, ___________, _______.

 

So far as is known to the BUYER, the SELLER has not used any business names and/or addresses other than the above for the last three years, except for:

_______________________________________________________________

 

The debts of the SELLER are not to be paid in full as they come due, or it is unknown whether the debts of the SELLER will be paid as due.

 

The property to be transferred is located at __________________ ________________, ___________, _________________________, and comprises:

 

[list]

 

The total of the SELLER’s debt is estimated to be $ ______ ( _____________ &___/100 dollars.)

 

The list of all creditors and a schedule of the property to be transferred is may be inspected during regular business hours at

_____________________________________, ________________________,

________________.

 

Creditors of the SELLERS must file their claims in writing at:

_______________________________

_______________________________

before _________, 20___.

 

Dated:

 

Yours,

 

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