Order Granting Motion To Confirm And Confirming Plan - Chapter 12
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Order Granting Motion To Confirm And Confirming Plan - Chapter 12 Form. This is a Colorado form and can be use in Bankruptcy Court Federal.
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Tags: Order Granting Motion To Confirm And Confirming Plan - Chapter 12, LFB 320.2, Colorado Federal, Bankruptcy Court
Local Bankruptcy Form 320.2, 12 Order
[Caption as in Bankruptcy Official Form No. 16B]
Order Granting Motion to Confirm and Confirming Plan
IT HAVING BEEN DETERMINED AFTER NOTICE AND A HEARING:
That the Plan complies with Chapter 12 and all other applicable provisions of Title 11, United States Code;
That any fee, charge, or amount required under Chapter 123 of Title 28, United States Code, or by the Plan, to be paid before confirmation,
has been paid;
That the Plan has been proposed in good faith and not by any means forbidden by law;
That the value, as of the effective date of the Plan, of property to be distributed under the Plan on account of each unsecured claim is not
less than the amount that would be paid on such claim if the estate of the debtor(s) were liquidated under Chapter 7 of Title 11, United
States Code on such date;
That the Plan provides that the holders of secured claims who have not accepted the Plan shall retain their liens, and the value, as of the
effective date of the Plan, of property to be distributed under the Plan on account of each secured claim whose holder has not accepted the
Plan is not less than the allowed amount of each of those claims;
That the debtor(s) will be able to make all payments under the plan and to comply with the plan;
That, if this order is entered after an objection to confirmation has been filed herein, the value of the property to be distributed under the
plan on account of the objector's claim is not less than the amount of such claim, or the plan provides that all of the debtor's(') projected
disposable income to be received during the plan, beginning on the date that the first payment is due under the plan, will be applied to
make payments under the plan.
IT IS ORDERED:
The Motion to Confirm is granted;
The debtor's(') Plan is confirmed;
The assumption of executory contracts on the terms stated in the Plan is approved.
The debtor(s) shall make the payments specified in the plan in the amounts and on the dates provided for therein.
BY THE COURT:
Dated:
United States Bankruptcy Judge
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