We received a Notice of Assignment and Sales of Accounts from a loan company regarding one of our vendors. What directon should we receive from our vendor to ensure that we pay the correct party?

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Ordinarily you would expect a letter from your vendor explaining their action, identifying and authorizing the company to whom future payments should go. If you have not received any communication from your vendor about this, we recommend that you contact them before making any payments to the loan company.

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