InvestorsHub Logo
Followers 56
Posts 6389
Boards Moderated 0
Alias Born 03/25/2015

Re: Large Green post# 717777

Friday, 10/20/2023 6:36:56 PM

Friday, October 20, 2023 6:36:56 PM

Post# of 730547
LG FDIC claims process and who is holding the CERTIFICATE now?.
How do I file a claim as a general creditor?
The notice that creditors receive will include instructions and the appropriate forms for filing a claim against the receivership. Documentation of the claim is required and must be submitted in a timely manner. The notice will provide a deadline by which all claims must be filed. Most general creditor claims will be acknowledged or denied by the FDIC within 180 days. A creditor will receive a Receiver's Certificate in the amount of the claim and may receive payments from the receivership as the assets are liquidated.

https://www.fdic.gov/consumers/banking/facts/creditors.html

WMILT exists as a Winding-up entity.IMO otherwise who would take care of estates claims as a creditor and shareholders?.

No problem LG, you are welcome.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News