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May 22, 2006
To: Holders and Servicers
Participating in the Health Education Assistance Loan (HEAL) Program
Subject: Assignment
of Judgment on Defaulted HEAL Loans
Lender Policy Memorandum L-2006-6
This policy memorandum
supersedes policy memorandum L-2005-5 and will notify HEAL holders and
servicers of the wording to be used when assigning judgments on defaulted
HEAL loans to the United States Department of Health and Human Services.
The attached suggested wording should be modified to meet the requirements
of any relevant State laws and to reflect the precise format of the judgment.
You will notice the new wording eliminates the debtor’s social security
number and amount of the judgment. In many instances it is necessary
for us to file in multiple jurisdictions, for that reason, please execute
three (3) original copies of the assignment of the judgment when submitting
a claim package to the HEAL program. We are requiring the original assignments
be signed in blue ink so the clerk can readily distinguish
them from reproductions of the original.
Beginning July 1,
2006 all default judgment claims received that do not comply with Lender
Policy Memorandum L-2006-6 will be returned without payment. Thank you
for your attention to this matter. If you have any questions, please
contact Dick Horton at (301) 443-1541.
Sincerely,
Henry López,
Jr.
Director
Division of
Health Careers Diversity and Development
Attachment
(Court Name)
(Address of Court)
Dear Clerk of the
Court,
(Date)
ASSIGNMENT OF JUDGMENT
I, (employee name),
representing (lender name), in consideration of the funds paid by the
United States of America, hereby assign to the assignee, the judgment
recovered on (date of the court’s “file” stamp) docketed in (court name),
Case No. ( XXXXX), against (debtor’s name exactly as written on judgment).
Assignor authorizes
the United States of America to ask, demand, receive, and to sue out executions
and take all lawful ways for recovery of the money due or to become due
on this judgment.
Assignor has not done
and will not do anything to hinder or prevent the United States of America
from enforcing this judgment.
The Assignor’s address
is: (lender’s name, mailing address, telephone number).
The Assignee’s address
is: United States of America, United States Department of Health and Human
Services, Debt Management Branch, 5600 Fishers Lane, Room 8B-45, Rockville,
MD, 20857, 301-443-1782.
I have executed this
assignment at (lender’s name), on (date signed by lender).
________________________________
(typed name of the
signee)
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