[WSBAPT] Promissory note assignment to DSHS

[Lovie Bernardi]

Listmates,

 

I am administering a probate with a DSHS creditor's claim. The largest
asset in the estate is a promissory note and DSHS has agreed to accept
an assignment of the note as part of the payment of the claim. I have
drafted the appropriate assignment documents. I am drafting a Receipt
for Partial Payment of Creditor's Claim. I am wondering how to draft it
to make sure that regardless of whether the maker of the note continues
to make payments, the estate has satisfied the claim in an amount equal
to the value of the note at the time of the assignment. Is putting in
the value of the note enough, or should I add anything else? Thanks for
your input.

 

Lovie L. Bernardi

Flaherty & Bernardi, PLLC

216 First AVE S, #450

Seattle, WA  98104

(206) 682-2616

 

lovie at fb-lawfirm.com <mailto:joni at sbfirm.com> 

http://fb-lawfirm.com <http://sbfirm.com/> 

 

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