Alabama § 7-9A-907 - Notification to Creditors.

§ 7-9A-907. Notification to Creditors.

(a) Unless a creditor waives the right to notification in a signed record, an assignee shall send a notification of the assignment to each creditor known to the assignee within a reasonable time not to exceed 30 days after the effective date of the assignment agreement.

(b) The notification must:

(1) Be in a record signed by the assignee;

(2) Include the assignee’s name, address, and other contact information reasonably necessary to communicate with the assignee;

(3) Provide reasonable instructions for submitting a proof of claim using the method established by the assignee under Section 7-9A-909(b)(5); and

(4) Identify the date established under Section 7-9A-909(b)(6) by which each creditor whose claim is not otherwise allowed without a timely proof of claim under this part must submit a proof of claim to the assignee.

(c) An assignee shall use reasonable means to provide the information in subsection (b) to unknown creditors, including by any means the assignor regularly used to:

(1) Provide information to the assignor’s creditors; or

(2) Communicate information about the assignor, other than advertising, to the public.