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Last updated: 2/16/2024
Order Authorizing Sale Of Asset Free And Clear Pursuant To 11 USC 363(f)
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Description
ORDER AUTHORIZING SALE OF ASSET FREE AND CLEAR OF LIENS PURSUANT TO 11 U.S.C. § 363(f). This form is used in the United States Bankruptcy Court, District of South Carolina. It is issued by the court upon the application of an individual or entity (referred to as the "Applicant") seeking permission to sell an asset belonging to the debtor's estate free and clear of any liens. The order states that the court has been informed that all parties in interest have been notified of the intention to sell the property, and no objections have been received. The Applicant has represented to the court that the sale is in the best interest of the creditors, and there are sufficient grounds to sell the property free and clear of the liens claimed by various lienholders. The order authorizes the Applicant to proceed with the sale and to convey the estate's interest in the specified property free and clear of any liens, in accordance with 11 U.S.C. § 363(f). Optionally, the order may also include a provision stating that the stay provided by Federal Rule of Bankruptcy Procedure 6004 does not apply to the sale. www.FormsWorkflow.com
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Order Authorizing Sale Of Asset Free And Clear Pursuant To 11 USC 363(f)
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