Order Permitting The Sale Of Real Estate (Judge Cox) | Pdf Fpdf Doc Docx | Illinois

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Order Permitting The Sale Of Real Estate (Judge Cox) | Pdf Fpdf Doc Docx | Illinois

Order Permitting The Sale Of Real Estate (Judge Cox)

This is a Illinois form that can be used for USBC Northern within Federal.

Alternate TextLast updated: 5/28/2020

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In re: __________ IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION ) ) Chapter 13 ) ________, ) __ B ______ ) ) Debtor. ) Hon. Jacqueline P. Cox ORDER PERMITTING THE SALE OF REAL ESTATE Having read the motion for permission to sell real estate, heard the arguments of counsel, and found that due notice has been provided, the Court hereby orders as follows: 1. 2. The Debtor is authorized to sell real estate located at ________________________. The Debtor shall forward a copy of the RESPA settlement statement to the Chapter 13 Trustee in this case within 3 days after the closing. 3. At the closing proceeds of the transaction shall be used to pay off all existing mortgages and other liens against the Debtor's real estate plus usual and customary closing costs and fees of the Debtor. 4. Except for the homestead exemption amount of $ _____________, the balance remaining after payment of the amounts listed in paragraph 3 shall be forwarded to the Chapter 13 Trustee Tom Vaughn, who must allocate that balance between creditors and the Debtor in the manner described in the Debtor's confirmed Chapter 13 plan or modification thereof. 5. Parties presently within the personal jurisdiction of the Bankruptcy Court may be subject to civil- contempt remedies for violation of this order. If other entities, including the lender, title company, or other escrow-account holder, do not comply with this order, they may be subject to a suit to avoid and recover unauthorized postpetition transfers pursuant to 11 U.S.C. §§ 549 & 550. Date: ____________ ENTERED: ______________________________ Jacqueline P. Cox United States Bankruptcy Judge American LegalNet, Inc. www.FormsWorkflow.com

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