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Last updated: 1/26/2024
Affirmation Of Purchase And Sale Of Account By Debt Seller {UCS-CCR5}
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Description
UCS-CCR5 - AFFIRMATION OF PURCHASE AND SALE OF ACCOUNT BY DEBT SELLER. This form is used in the State of New York. It is typically utilized in legal proceedings, especially in debt-related cases, where the debt seller affirms, under the penalties of perjury, the details surrounding the sale or assignment of a delinquent consumer credit account. The person making the affirmation (affiant) states that they are an employee, officer, or member of the employer (the entity involved in the sale), and they have personal knowledge of the policies, procedures, and records of the debt seller (original creditor) regarding the specific consumer credit account. The affirmation includes details about the sale or assignment of the account to a debt buyer on a particular date. The following exhibits must be attached: Bill of sale from debt seller to debt buyer. Additional business records evidencing: • Debtor's full name • Total balance and last 4 digits of account number at time of sale Note: A Certificate of Conformity is only required for affirmation specific to real property transactions. www.FormsWorkflow.com
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