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newflow

10/20/23 6:36 PM

#717778 RE: Large Green #717777

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.