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Motion To Avoid Lien Pursuant To 11 USC Section 522(f)(2) LBF 4003-2A - New Hampshire
| Motion To Avoid Lien Pursuant To 11 USC Section 522(f)(2) Form. This is a New Hampshire form and can be used in Bankruptcy Court Federal . |
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UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW HAMPSHIRE In re: ________________________________________, Debtor ________________________________________, Movant v. ________________________________________, Respondent MOTION TO AVOID LIEN PURSUANT TO 11 U.S.C. § 522(f)(2) ("Debtor" and "Movant") by and through his NOW COMES 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 _______________________________[JUDICIAL LIEN OR NONPOSSESSORY, NONPURCHASE-MONEY SECURITY INTEREST] 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 Bk. No. ____-_________-____ Chapter ____ Hearing Date and Time:________________ 3. The property is subject to the following mortgages, judicial liens and/or nonpossessory, nonpurchase-money security interests: a. b. c. d. obtained by obtained by obtained by obtained by on_______ on_______ on_______ 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 $ . LBF 4003-2A (Eff. 12/1/09) American LegalNet, Inc. www.FormsWorkFlow.com 6. Section 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." Section 522(f)(2)(B) provides that "[i]n the case of a 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, $____________, , to get a and the maximum exemption allowable in the absence of liens, $ sum of $ . From the sum above, $____________, subtracts the value of the property in the absence of liens, $____________, and finds that the extent of the impairment is $____________. b. 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 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 [JUDICIAL LIEN OR NONPOSSESSORY, NONPURCHASE-MONEY SECURITY INTEREST] held by . B. Grants such other relief as is fair and equitable. Respectfully submitted, Date: ___________________ ____________________________________ Signature ____________________________________ Print Name Address_____________________________ ____________________________________ Tel. No._____________________________ LBF 4003-2A (Eff. 12/1/09) American LegalNet, Inc. www.FormsWorkFlow.com
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