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Order Pursuant To 11 USC 554 And FRBP 6007 For Abandonment Combined With Notice Of Opportunity For Hearing LF012F - Tennessee
| Order Pursuant To 11 USC 554 And FRBP 6007 For Abandonment Combined With Notice Of Opportunity For Hearing Form. This is a Tennessee form and can be used in USBC Western Federal . |
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FORM NO. 12 (LF012) UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF TENNESSEE ______________________________________________________________________________________ In re Case No. Chapter Debtor(s). _____________________________________________________________________________________________________ ORDER PURSUANT TO 11 U.S.C. 554 AND FED. R. BANKR. P. 6007 FOR ABANDONMENT COMBINED WITH NOTICE OF OPPORTUNITY FOR HEARING _____________________________________________________________________________________________________ Based on the signature-certificate of the undersigned attorney for the debtor(s), creditor(s) and the case Trustee, if applicable, and the entire case record as a whole, it appearing to the Court that heretofore the above-named debtor(s) filed an original petition under the Bankruptcy Code; that pursuant to 11 U.S.C. 554 and FED. R. BANKR . P. 6007(a) and L.B.R. 6007- 1, notice of a proposed abandonment of property of the estate and opportunity for objections was served upon all creditors of this estate on the notice of meeting of creditors, which notice was mailed pursuant to 11 U.S.C. 341; that the debtor(s) scheduled a debt owed to the undersigned creditor(s), which debt is secured by a lien on certain property of the debtor(s) described as follows: Secured Creditor Description of Collateral That the case Trustee has determined, after a proper inquiry, that the said property is not proper for administration, and/or is burdensome to the said estate or of inconsequential value and benefit to the estate; that the debtor(s) has determined that there is no equity in the said property in which the debtor(s) claim an interest; that the debtor(s) and case Trustee agree that the secured creditor(s) should have the right to immediate possession, and that the automatic stay of 11 U.S.C. 362 should be terminated as to the property described herein; that the debtor(s) relinquishes all right to redemption in the said propertynd ; athat the case Trustee wishes to abandon all interest of the Trustee and estate in the said property. Based on the foregoing, IT IS ORDERED AND NOTICE IS HEREBY GIVEN THAT: The moving creditor, or counsel therefore, shall upon entry of this Order mail the order and notice to the debtor(s) attorney, all creditors, committees, parties in interest, the case Trustee and the United States Trustee, pursuant to 11 U .S.C.<<<<<<<<<********>>>>>>>>>>>>> 2 FORM NO. 12 (LF012)544 and L.B.R. 6007-1. Any and all creditors or parties in interest may file with the Clerk of this Court an objection to theproposed abandonment and serve the same upon counsel for the creditor(s), debtor(s), and the undersigned Trustee, and thefiling of a said objection would institute a hearing on the objection. If objection(s) is filed, a hearing on said obj) willection(sbe held on the ____________ day of __________________________, ______, in Room __________, ____________________________________, _______________ Tennessee, and if no parties in interest appear in furtheranceof said objection(s), the abandonment may be authorized without the necessity of a hearing. Said hearing may be continuedwithout further written notice. In the event no objection(s) is filed within fifteen (15) days of the mailing of thisnd notice aorder, the intended abandonment shall be deemed approved without the necessity of further hearing or order. The Clerk mayissue a certificate that no timely objections were filed in lieu of further Court Order. The moving creditor(s) or the attorney for the said creditor(s) is directed to immediately transmit copies of this orderto all creditors and relevant interested parties, as listed on the matrix retained by the Clerks Office for this case, and topromptly thereafter file a certificate of mailing. _____________________________________________ UNITED STATES BANKRUPTCY JUDGE DATE:_______________________________________Approved for Entry By: _________________________________________________ ___________________________________________Trustee (Creditor) _________________________________________________ ___________________________________________ (Creditor) _________________________________________________ ___________________________________________(Address) (Counsel for Creditor(s)_________________________________________________ __________________________________________(Debtor) (Address) _________________________________________________ ___________________________________________(Counsel for Debtor) (Address) _________________________________________________ (Address) _________________________________________________ (Address)
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