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Kansas Notice to Debtor of Authority Granted to Agent to Receive Payment

State:
Multi-State
Control #:
US-00601BG
Format:
Word; 
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Description

This form is a notice to a debtor that authority has been granted by a principal to an agent to receive payments on behalf of the principal.

The Kansas Notice to Debtor of Authority Granted to Agent to Receive Payment is a legal document used in financial transactions between a creditor and debtor in the State of Kansas. This notice serves as a written notification to the debtor that the creditor has granted authority to a designated agent to receive payments on their behalf. The purpose of this notice is to inform the debtor that they are now required to make all future payments directly to the authorized agent instead of the original creditor. It ensures that the debtor is aware of the change in payment collection process to avoid any confusion or potential disputes. Keywords related to this document include Kansas, notice, debtor, authority, granted, agent, receive payment, creditor, financial transaction, written notification, designate, payments, behalf, future, original, collection process, confusion, disputes. It is important to note that there may be various types of the Kansas Notice to Debtor of Authority Granted to Agent to Receive Payment, depending on the specific situation or context of the financial transaction. Some variations of this notice may include additional clauses or provisions depending on the terms agreed upon by the creditor and debtor. However, the core purpose of the notice remains the same — to inform the debtor of the change in payment collection authority.

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FAQ

Money or property belonging to you may have been taken or held in order to satisfy a judgment or order, which has been entered against you.

A decree of descent is an order issued by a court after a petition for an official determination for the distribution of property of a deceased person.

Order for relief refers to an actual court order determining that a debtor is subject to the control of the bankruptcy court. The Bankruptcy Code enables a debtor to obtain a discharge from all debts that arose before the date of the order for relief. A voluntary petition constitutes an order for relief.

A contested matter is initiated by a party in interest, including a debtor, filing a motion requesting relief (rather than a complaint) in the context of a main bankruptcy proceeding. When a party objects to the motion the matter is considered contested.

When relief from stay is granted, it does not remove the property from the bankruptcy estate or grant the creditor ownership of the property. It simply removes the stay and restores the parties to their state law rights. Creditors can then enforce those rights to the extent that the relief from stay order permits.

9019 Motion means a motion seeking approval of the Settlement Agreement and entry of the Approval Order pursuant to Bankruptcy Rule 9019 in a form reasonably satisfactory to the ABL Agent and the First Out Lenders.

Motions: Form and Service. A request for an order, except when an application is authorized by these rules, shall be by written motion, unless made during a hearing. The motion shall state with particularity the grounds therefor, and shall set forth the relief or order sought.

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Kansas Notice to Debtor of Authority Granted to Agent to Receive Payment