This form is for use in transactions other than those for consumer goods.
Notification of Disposition of Collateral
[Date]
[Name and address of debtor, obligor, or other person to whom the notice is sent]
[Name, address, and telephone number of secured party]
[Include only if debtor is not an addressee: Name[s] of Debtor[s]: [name[s]]]
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Select one of the following. Include the first paragraph for a public disposition. Include the second paragraph for a private disposition. |
We will [sell/lease/license] the [describe collateral] [include if applicable: to the highest qualified bidder] in public on [date] at [time] at [place].
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Or |
We will [sell/lease/license] the [describe collateral] privately sometime after [date].
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Continue with the following. |
You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to [sell/lease/license] [include if applicable: for a charge of $[amount]]. You may request an account by calling us at [telephone number].
[Name of lender]
Certified Mail No. [number]
Return Receipt Requested
c: [name of debtor], by first-class mail