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<p>Thank Stephen and Rod. <br>
</p>
<p>Rod, your quick synopsis is in line with my reading of the
statute so I appreciate the confirmation. Where I'm most unclear
is whether my client even needs to file a claim, regardless of
notice. RCW 7.60.210(1) seems to exempt "creditors with security
interests in or other liens against property of the estate" from
having to serve such claims on the receiver. However, I would love
some correction if I'm misreading the statute.<br>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Very Truly Yours,</p>
<p class="MsoNormal">Ryan P. Coon</p>
<p class="MsoNormal">Law Office of Cole & Gilday, P.C. </p>
<p class="MsoNormal"><i><o:p> </o:p></i></p>
<p class="MsoNormal">10101 - 270th St. NW </p>
<p class="MsoNormal">Stanwood, WA 98292 </p>
<p class="MsoNormal">(360) 629-2900 (Telephone) </p>
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<div class="moz-cite-prefix">On 11/10/2021 2:19 PM, Rod Harmon
wrote:<br>
</div>
<blockquote type="cite"
cite="mid:CO1PR17MB5691338AF40E0A09FC6A44C4AB939@CO1PR17MB5691.namprd17.prod.outlook.com">
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<p class="MsoNormal"><font size="2" face="Calibri"><span
style="font-size:11.0pt;font-family:"Calibri",sans-serif">You
should receive a notice of a date by which you need to
file a claim with the receiver, and a claim form. There
is a statute covering what information and documentation
need to be in the claim, but that will probably be in the
notice from the receiver. Look at the proposed order for
sale to make sure it explicitly protects your lien against
the proceeds. The order should just allow sale and not
distribution of the sale proceeds. Distribution should be
the subject of a later motion.<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="2" face="Calibri"><span
style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></font></p>
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<font size="4" face="Arial" color="#1f497d"><span
style="font-size:13.0pt;font-family:"Arial",sans-serif;color:#1F497D;position:relative;top:0pt;mso-text-raise:0pt">Rod
Harmon</span></font><font size="2" face="Calibri"><span
style="font-size:11.0pt;font-family:"Calibri",sans-serif;position:relative;top:0pt;mso-text-raise:0pt"><o:p></o:p></span></font></p>
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<b><font size="4" face="Arial" color="#1f497d"><span
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style="font-size:11.0pt;font-family:"Calibri",sans-serif;position:relative;top:0pt;mso-text-raise:0pt"><o:p></o:p></span></font></p>
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<b><font size="4" face="Arial" color="#1f497d"><span
style="font-size:13.0pt;font-family:"Arial",sans-serif;color:#1F497D;position:relative;top:0pt;mso-text-raise:0pt;font-weight:bold">RODNEY
T. HARMON</span></font></b><font size="2" face="Calibri"><span
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Attorney at Law</span></font></b><font size="2"
face="Calibri"><span
style="font-size:11.0pt;font-family:"Calibri",sans-serif;position:relative;top:0pt;mso-text-raise:0pt"><o:p></o:p></span></font></p>
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P.O. Box 1066</span></font><font size="2" face="Calibri"><span
style="font-size:11.0pt;font-family:"Calibri",sans-serif;position:relative;top:0pt;mso-text-raise:0pt"><o:p></o:p></span></font></p>
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Bothell, WA 98041</span></font><font size="2"
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style="font-size:11.0pt;font-family:"Calibri",sans-serif;position:relative;top:0pt;mso-text-raise:0pt"><o:p></o:p></span></font></p>
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<font size="2" face="Calibri"><span
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1.0pt;padding:3.0pt 0in 0in 0in">
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<b><font size="2" face="Calibri"><span
style="font-size:11.0pt;font-family:"Calibri",sans-serif;position:relative;top:0pt;mso-text-raise:0pt;font-weight:bold">From:</span></font></b><font
size="2" face="Calibri"><span
style="font-size:11.0pt;font-family:"Calibri",sans-serif;position:relative;top:0pt;mso-text-raise:0pt">
<a class="moz-txt-link-abbreviated" href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> <b><span
style="font-weight:bold">On Behalf Of
</span></b>Ryan P. Coon<br>
<b><span style="font-weight:bold">Sent:</span></b>
Wednesday, November 10, 2021 12:22 PM<br>
<b><span style="font-weight:bold">To:</span></b> WSBA
Real Property Listserv
<a class="moz-txt-link-rfc2396E" href="mailto:wsbarp@lists.wsbarppt.com"><wsbarp@lists.wsbarppt.com></a><br>
<b><span style="font-weight:bold">Subject:</span></b>
[WSBARP] Creditor of Property Subject to Sale by
Receiver<o:p></o:p></span></font></p>
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<p class="MsoNormal"><font size="3" face="Times New Roman"><o:p> </o:p></font></p>
<p><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">Listies,</span></font><font
size="2"><span style="font-size:11.0pt"><o:p></o:p></span></font></p>
<p><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">I'm unfamiliar with receiverships
and am looking for a little guidance, particularly on how
these function procedurally.<o:p></o:p></span></font></p>
<p><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">Client (C) sold property in
County A to Purchaser (P) in a seller financed transaction
(Promissory Note & DOT), where C is the beneficiary of
the Note and DOT. The property is actually a tribal lease,
so technically the sale was an Assignment of Lease, if
that's important. P was thereafter involved in a lawsuit
(unrelated to the property or my client) in County B
wherein a large judgment was had against P and Lis Pendens
filed against the property. Subsequent to the judgment, a
receiver was appointed in that same action. C recently was
served with the Receivers motion to sell the property
which includes the request to order the sale free and
clear of all liens and encumbrances .<o:p></o:p></span></font></p>
<p><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">Having read through much of the
Receiver Statute (RCW 7.60) I understand that the
unsatisfied liens attach to the proceeds in the same order
of priority as they were attached to the property. Is that
attachment automatic or do we need file or do something to
accomplish or perfect that attachment? To make a claim to
the proceeds do we need to file a response to the Motion
to Sell Estate Property. Or will we need to to file or
respond to a separate motion?<o:p></o:p></span></font></p>
<p><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">Any guidance on this process
would be greatly appreciated. If the answers are is too
complex for this forum is there anyone who would be
willing to talk me through this? Thank you.<o:p></o:p></span></font></p>
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<p class="MsoNormal"
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ideograph-other">
<font size="3" face="Times New Roman"><span
style="font-size:12.0pt">-- <br>
<br>
</span></font><font size="2" face="Calibri"><span
style="font-size:11.0pt;font-family:"Calibri",sans-serif;position:relative;top:0pt;mso-text-raise:0pt"><o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:12.0pt"> <o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">Very Truly Yours,<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">Ryan P. Coon<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">Law Office of Cole &
Gilday, P.C.
<o:p></o:p></span></font></p>
<p class="MsoNormal"><i><font size="3" face="Times New Roman"><span
style="font-size:12.0pt;font-style:italic"> </span></font></i><o:p></o:p></p>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">10101 - 270th St. NW
</span><o:p></o:p></font></p>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">Stanwood, WA 98292
<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">(360) 629-2900 (Telephone)
<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:12.0pt">(360) 629-0220 (Fax)
<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="3" face="Times New Roman"><span
style="font-size:12.0pt"> <o:p></o:p></span></font></p>
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