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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Conspiracy Theory Posted by Tom on April 29, 2008 at 5:37 AM In Reply to: Imperfected Interest - No Assignment Recorded posted by Ted on April 28, 2008 at 6:32 PM I never heard that BK trustees worked on commission theory, but I suppose that they might be paid on a percent of the estate gross similar to estate attorneys. The scenario you outlined is the way any imperfected interest on a commercial loan would be treated. Any assets not secured go to the pool to be disturbed to unsecured creditors. So I don't believe in your conspiracy theory. The reason you don't hear escrow officers talking about note assignments is that notes sold in bulk are transferred directly w/o the use of escrow. Follow Ups: Re: Conspiracy Theory Ted 9:05 AM, 04/29/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I never heard that BK trustees worked on commission theory, but I suppose that they might be paid on a percent of the estate gross similar to estate attorneys. The scenario you outlined is the way any imperfected interest on a commercial loan would be treated. Any assets not secured go to the pool to be disturbed to unsecured creditors. So I don't believe in your conspiracy theory. The reason you don't hear escrow officers talking about note assignments is that notes sold in bulk are transferred directly w/o the use of escrow. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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