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Motion For Valuation Hearing 3012-1A - Virginia
| Motion For Valuation Hearing Form. This is a Virginia form and can be used in USBC Western Federal . |
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U. S. BANKRUPTCY COURT WESTERN DISTRICT OF VIRGINIA FORM 3012-1A UNITED STATES BANKRUPTCY COURT FOR THE WESTERN DISTRICT OF VIRGINIA IN RE: CHAPTER 13 Debtor CASE NO. RE: Creditor MOTION FOR VALUATION HEARING Collateral:________________________________________________________________________ ___ ________________________________________________________________________ ___________ Total Debt owed to Creditor: $___________________________________________________________ Value of Collateral by Debtor $__________________________________________________________ Special Provisions of Payment of Debt:____________________________________________________ ________________________________________________________________________ ___________ Comes now the debtor, by counsel, who asks that a valuation hearing be held to determine the value of the collateral upon which the above-named creditor has a lien. The debtor claims the collateral has a fair market value as stated above. If the Court agrees with the debtor that the aforesaid secured fair market value is as shown above then the secured creditor will be paid the fair market value in accordance with the filed Chapter 13 Plan and the remaining debt after the fair market value is deducted will be treated as a general unsecured non-priority debt under the Chapter 13 Plan. ANY CREDITOR OR PARTY IN INTEREST OBJECTING TO THIS MOTION SHALL FILE WITH THE COURT, THE TRUSTEE AND COUNSEL FOR THE DEBTOR ITS WRI TTENOBJECTION NOT LATER THAN THIRTY (30) DAYS FROM THE DATE BELOW. Date Mailed:________________________ By: ________________________________ Counsel Counsel for Debtor(s) ____________________________________ _____________________________________ _____________________________________
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