Michie's Legal Resources



		(a) Notice by receiver or assignee.- Promptly but in no event later than 5 days after the court appoints a receiver or assumes jurisdiction over the estate of an assignee, the receiver or assignee shall file a form of Notice to Creditors with the clerk, who shall issue the Notice. The receiver or assignee shall cause the Notice to be published.

    (b) Form of notice.- The Notice to Creditors shall be substantially in one of the following three forms, as applicable:

[CAPTION]

NOTICE TO CREDITORS

BY RECEIVER

TO ALL PERSONS INTERESTED IN THE ESTATE OF _________________________________,

DEBTOR

    Notice is given with respect to ________________________________________,

                        (Name in bold type)

whose business address is ____________________________________________________

_____________________________________________________________________________

and whose business is ______________________________________________________,

that this Court has appointed ______________________________________________,

                    (Name in bold type)

whose address is ___________________________________________________________,

as Receiver.

    All persons having claims against the Debtor should file them, under
oath, with the Clerk of the Circuit Court at the address below not later than
120 days from the date this Notice was issued.

____________________________                  ________________________________

Date Notice Issued                  Clerk of the Circuit Court for


_____________________________________________________________________________

____________________________                  ________________________________

Receiver                  Attorney for Receiver

____________________________                  ________________________________

Address                  Address

____________________________                  ________________________________

Telephone Number                  Telephone Number

[CAPTION]

NOTICE TO CREDITORS

BY ASSIGNEE

TO ALL PERSONS INTERESTED IN THE ESTATE OF _________________________________,

DEBTOR

    Notice is given with respect to ________________________________________,

                     (Name in bold type)

whose business address is ____________________________________________________

_____________________________________________________________________________

and whose business is ______________________________________________________,

that the Debtor has executed an Assignment for the Benefit of Creditors and

that _______________________________________________________________________,

              (Name in bold type)

whose address is _____________________________________________________________

has been designated as Assignee.

    The deed of assignment [ ] does [ ] does not contain a provision
requiring creditors to release their claims against the debtor as a condition
to (1) sharing in the distribution under the deed or (2) being accorded a
preferred status over other creditors.

    All persons having claims against the Debtor should file them, under
oath, with the Clerk of the Circuit Court at the address below not later than
120 days from the date this Notice was issued.

____________________________                  ________________________________

Date Notice Issued                  Clerk of the Circuit Court for


_____________________________________________________________________________

____________________________                  ________________________________

Assignee                  Attorney for Assignee

____________________________                  ________________________________

Address                  Address

____________________________                  ________________________________

Telephone Number                  Telephone Number

[CAPTION]

NOTICE TO CREDITORS

OF BULK TRANSFER

TO ALL PERSONS INTERESTED IN THE ESTATE OF _________________________________,

BULK TRANSFEROR

    Notice is given with respect to ________________________________________,

                       (Name in bold type)

whose business address is ____________________________________________________

_____________________________________________________________________________

and whose business is ______________________________________________________,

that the Transferor has effected a bulk transfer of property to

_________________________________________________________, transferee, whose

            (Name in bold type)

address is ___________________________________________________________________

_____________________________________________________________________________

and that ___________________________________________________ whose address is

           (Name in bold type)

_____________________________________________________________________________

has been appointed as Receiver pursuant to Code, Commercial Law Article, §
6-106.

    All persons having claims against the Transferor should file them, under
oath, with the Clerk of the Circuit Court at the address below not later than
120 days from the date this Notice was issued.

____________________________                  ________________________________

Date Notice Issued                  Clerk of the Circuit Court for


_____________________________________________________________________________

____________________________                  ________________________________

Receiver                  Attorney for Receiver

____________________________                  ________________________________

Address                  Address

____________________________                  ________________________________

Telephone Number                  Telephone Number



		(c) Where published; frequency.- A copy of the Notice to Creditors shall be published in a newspaper of general circulation in the county where the court is located. The Notice shall be published at least once a week in each of three successive weeks, and the last publication shall occur not less than ninety days before the date specified in the Notice as the last day for filing claims.



		(d) Certificate of publication.- On or before the last day for filing claims, the receiver or assignee shall file a certificate that publication has been made pursuant to this Rule.