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Motion To Avoid Lien Pursuant To 11 USC Section 522(f)(2) Form. This is a New Hampshire form and can be use in Bankruptcy Court Federal.
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Tags: Motion To Avoid Lien Pursuant To 11 USC Section 522(f)(2), 4003-2, New Hampshire Federal, Bankruptcy Court
LBF 4003-2
UNITED STATES BANKRUPTCY COURT
DISTRICT OF NEW HAMPSHIRE
In re:
____________________________________________,
Bk. No. ________________-
Debtor(s)
Chapter ______
Hearing Date and Time:___________________
____________________________________________,
Movant(s)
v.
____________________________________________,
Respondent(s)
MOTION TO AVOID LIEN PURSUANT TO 11 U.S.C. § 522(f)(2)
NOW COMES
(“Debtor” and “Movant”) by and through his attorney,
, pursuant to 11 U.S.C. § 522(f) and Federal Rules of Bankruptcy Procedure
4003(d) and 9014 to request that this Court enter an order avoiding the
held by
(“Respondent”). In support of this motion, the Debtor states:
1. This Court has jurisdiction in this matter pursuant to 28 U.S.C. § 1334(a). This matter is a core proceeding
as provided by 28 U.S.C. § 157(b)(2)(K).
2. The Debtor filed a voluntary petition under Chapter_____ of the Bankruptcy Code on
.
3. The property is subject to the following mortgages, judicial liens and/or nonpossessory, nonpurchase-money
security interests:
a.
obtained by
on
;
b.
obtained by
on
;
c.
obtained by
on
.
4. The Debtor is entitled to an exemption in the property in the amount of $__________________ pursuant
to ______________________ (e.g., N.H. RSA 480:1, N.H. RSA 511:2(III)).
5. The Debtor’s property has a fair market value of $
.
6. 11 U.S.C. § 522(f)(2)(A) of the Bankruptcy Code provides that “a lien shall be considered to impair an
exemption to the extent that the sum of: (i) the lien; (ii) all other liens on the property; and (iii) the amount of the
exemption that the debtor could claim if there were no liens on the property; exceeds the value that the debtor’s interest
in the property would have in the absence of any liens.” 11 U.S.C. § 522(f)(2)(B) provides that “[i]n the case of a
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property subject to more than 1 lien, a lien that has been avoided shall not be considered in making the calculation under
subparagraph (A) with respect to other liens.”
7. Following the formula set forth in 11 U.S.C. § 522(f)(2) for determining whether a lien impairs an
exemption, the Debtor:
a.
Adds the lien being tested for avoidance _________________, all other liens _________________
and the maximum exemption allowable in the absence of liens _________________ to get a sum of
_________________.
b.
From the sum above, _________________, subtracts the value of the property in the absence of liens
_________________ and finds that the extent of the impairment is _________________.
8.
Since the extent of the impairment of the exemption, $_________________, exceeds the entire value of
the Respondent’s lien, $_________________, the entire lien is avoidable.
OR
8.
Since the extent of impairment, $_________________ is less than the entire value of the lien,
$_________________, the Respondent’s lien can be avoided only to the extent of the impairment the exemption,
$_________________, and the rest remains as a lien in the amount of $_________________.
WHEREFORE, the Debtor respectfully requests that this Court enter an order which:
A.
Avoids the
held by
B.
.
Grants such other relief as is fair and equitable.
Respectfully submitted,
Dated:
Debtor(s)
Attorneys:
_____________________________________________________
Firm Name, if applicable
By:__________________________________________________
Signature
Address_______________________________________________
_____________________________________________________
Tel. _________________________________________________
BNH No._____________________________________________
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