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Chapter 7-13 Motion For Relief Debtor Or Codebtor Stay Form. This is a Oregon form and can be use in Bankruptcy Court Federal.
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Tags: Chapter 7-13 Motion For Relief Debtor Or Codebtor Stay, 720.80, Oregon Federal, Bankruptcy Court
720.80 (12/1/2018) Page 1 of 5 UNITED STATES BANKRUPTCY COURT DISTRICT OF OREGON In re ) Case No. ) ) (Check all applicable boxes) ) Ch. 7/13 Motion for Relief from ) Debtor Chapter 13 Codebtor Stay ) Filed by Creditor: ) ) Response to Stay Motion filed by Respondent: Debtor(s) ) 1. Debt, Default, Other Encumbrances, Description and Value of Collateral (To be completed by creditor) a. Description of collateral (car model, year, VIN, property address): b. Amount of debt: $ consisting of principal: $ ; interest: $ ; other: c. Description, amount and priority of other encumbrances on collateral. If not known, include applicable information from debtor222s schedules if available on PACER: Total debt secured by collateral (total 1.b. + 1.c.): $ . d. Value of collateral: $ . Equity in collateral: $ , after deducting $ liquidation costs. e. Current monthly payment: $ . f. If Chapter 13: (1) $ postpetition default consisting of (e.g., $ payments, $ late charges, $ fees): (2) $ prepetition default consisting of amounts specified in proof of claim, or, consisting of: g. If Chapter 7, total amount of default $ . American LegalNet, Inc. www.FormsWorkFlow.com 720.80 (12/1/2018) Page 2 of 5 RESPONSE (Identify specific items disputed and specify what you contend are the pertinent facts including why there is a postpetition default, if applicable) (to be completed by respondent): 2. Relief from stay should be granted because (check all that apply): (To be completed by creditor) Lack of adequate protection because of failure to make sufficient adequate protection payments and lack of a sufficient equity cushion. Lack of insurance on collateral. No equity in the collateral and the property is not necessary for an effective reorganization. Failure of debtor to make Chapter 13 plan payments to the trustee. Failure of debtor to make direct payments to secured creditor required by Chapter 13 plan. Other (describe): RESPONSE (Specify why relief from stay should be denied. If respondent proposes to cure a postpetition default, detail the cure by attaching a proposed order using Local Form (LBF) 720.90 available at https://www.orb.uscourts.gov under Forms/Local Forms) (to be completed by respondent): 3. Background (To be completed by creditor) a. Date petition filed: Current Chapter: (7 or 13) If 13, current plan date Confirmed: Yes No If 13, treatment of creditor222s prepetition claim(s) in plan: If 7, debtor has has not stated on Local Form (LBF) 521 or 521.05 that debtor intends to surrender the collateral. b. Creditor has a lien on the collateral by virtue of (check all applicable sections and also see paragraph 6 below): Security agreement, trust deed or land sale contract dated , and, if applicable, an assignment of said interest to creditor. The security interest was perfected as required by applicable law on . American LegalNet, Inc. www.FormsWorkFlow.com 720.80 (12/1/2018) Page 3 of 5 Retail installment contract dated , and, if applicable, an assignment of said interest to creditor. The security interest was perfected on the certificate of title on . Other (describe): RESPONSE (Identify any disputed items and specify the pertinent facts) (to be completed by respondent): 4. Request for Relief from Codebtor Stay (Chapter 13 only) a. , whose address is , is a codebtor on the obligation described above, but is not a debtor in this bankruptcy. b. Creditor should be granted relief from the codebtor stay because (check all applicable boxes): codebtor received the consideration for the claim held by creditor, debtor222s plan does not propose to pay creditor222s claim in full, creditor222s interest would be irreparably harmed by continuation of the codebtor stay as a result of the default(s) described above and/or because: RESPONSE (Identify any disputed items and specify the pertinent facts) (to be completed by respondent): 5. Other Pertinent Information (To be completed by creditor, if applicable): RESPONSE (Identify any disputed items and specify the pertinent facts) (to be completed by respondent): American LegalNet, Inc. www.FormsWorkFlow.com 720.80 (12/1/2018) Page 4 of 5 6. Relief Requested (check all applicable sections): (To be completed by creditor) Creditor requests relief from the automatic stay to allow it to foreclose its lien on the above identified collateral, and, if necessary, to take appropriate action to obtain possession of the collateral. Creditor has a security interest in real property and requests relief from stay with respect to an act against such property and that the relief be binding in any other bankruptcy case purporting to affect such real property filed not later than 2 years after the date of the entry of an order granting this motion. (If you check this box, you must complete paragraph 5 above to support this request. If you do not do so, the Court will not grant relief binding in any other bankruptcy case.) Creditor requests that the 14-day stay provided by FRBP 4001(a)(3) be waived based on the following cause: Other (describe and explain cause): RESPONSE (Identify any disputed items and specify the pertinent facts. If respondent agrees to some relief, attach a proposed order using Local Bankruptcy Form (LBF) 720.90 available at https://www.orb.uscourts.gov under Forms/Local Forms) (to be completed by respondent): 7. Documents: If creditor claims to be secured in paragraph 3.b. above creditor has attached to and filed with this motion a copy of the documents creating and perfecting the security interest, if not previously attached to a proof of claim. If this case is a Chapter 13 case and the collateral as to which creditor seeks stay relief is real property, creditor has attached to and filed with this motion a postpetition payment history current to a date not more than 30 days before this motion is filed, showing for each payment the amount due, the date the payment was received, the amount of the payment, and how creditor applied the payment. American LegalNet, Inc. www.FormsWorkFlow.com 720.80 (12/1/2018) Page 5 of 5 RESPONDENT requests creditor provide Respondent with the following document(s), if any marked, which are pertinent to this response: Postpetition payment history if not required above. Documents establishing that creditor owns the debt described in paragraph 1 or is otherwise a proper party to bring this motion. Other document(s) (specific description): Creditor/Attorney Signature: Name: Address: Respondent Debtor/Attorney (by signing, the respondent also certifies that [s]he has not altered the information completed by creditor) Signature: Name: Address: Email Address: Phone No: OSB#: Email Address: Phone No: OSB#: Respondent Codebtor/Attorney (by signing, the respondent also certifies that [s]he has not altered the information completed by creditor) Signature: Name: Address: Email Address: Phone No: OSB#: You are hereby notified that the creditor is attempting to collect a debt and any information obtained will be used for that purpose. American LegalNet, Inc. www.FormsWorkFlow.com