Order Valuing Claim Of (Creditor) {13-2}

Form 13-2 - ORDER VALUING CLAIM OF CREDITOR. This form is used in bankruptcy cases in the United States Bankruptcy Court for the Northern District of Illinois. It addresses a motion filed by the debtor(s) to value the claim of a specific creditor secured by a lien against a property. The order grants relief requested by the debtor(s) against the creditor. It determines that the claims asserted by the creditor's Mortgage Lien against the property are entirely unsecured for the purposes of the Chapter 13 plan. Any proof of claim filed by the creditor will be treated as an unsecured claim in the Chapter 13 plan. Upon completion of the Chapter 13 plan and entry of a discharge, the creditor's Mortgage Lien will be considered satisfied. The order is signed by a United States Bankruptcy Judge. www.FormsWorkflow.com