
Last updated: 2/12/2024
Order Granting Motion To Approve Trial Loan Modification Agreement Under LMM Procedures {LMM 6b.ORDER.TRIAL.MODIFICATION}
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Description
LMM 6b.ORDER.TRIAL.MODIFICATION - ORDER GRANTING MOTION TO APPROVE TRIAL LOAN MODIFICATION AGREEMENT UNDER LMM PROCEDURES [No hearing -- LBR 9013-1(p)]. This form is used in bankruptcy cases in the Central District of California. It approves a trial loan modification agreement filed by the debtor under the Loan Modification Management Program (LMM) without a hearing. The order specifies details such as the eligible property, the creditor involved, the duration of the trial modification period, and the monthly payment amount during the trial period. It also outlines provisions for what happens after the trial period, including the creditor's obligation to offer a permanent modification within a specified timeframe and the debtor's ongoing payment responsibilities. If the debtors are in a Chapter 13 case, they must continue to comply with all obligations and make all required payments as per the confirmed Chapter 13 plan. www.FormsWorkflow.com