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Escrow

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manonmurphy

Junior Member
What is the name of your state (only U.S. law)? California

When the funds of a bulk sale are in escrow, how long does a creditor have to make a demand on the funds the creditor is entitled to in escrow?
 


tranquility

Senior Member
What is the name of your state (only U.S. law)? California

When the funds of a bulk sale are in escrow, how long does a creditor have to make a demand on the funds the creditor is entitled to in escrow?
That is not a matter of law, but a matter of the escrow instructions. At the very least, once the funds are distributed under the instructions, an unknown creditor has little claim against those specific funds.

Would you care to fill out your question with some facts?
 

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