Order Authorizing Sale Of Real Property | Pdf Fpdf Doc Docx | New Jersey

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Order Authorizing Sale Of Real Property | Pdf Fpdf Doc Docx | New Jersey

Order Authorizing Sale Of Real Property

This is a New Jersey form that can be used for Bankruptcy Court within Federal.

Alternate TextLast updated: 3/30/2016

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UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW JERSEY Caption in Compliance with D.N.J. LBR 9004-1(b) In Re: Case No.: ___________________ Hearing Date: ___________________ Chapter: Judge: ___________________ ___________________ ORDER AUTHORIZING SALE OF REAL PROPERTY Recommended Local Form: Followed Modified The relief set forth on the following pages numbered two (2) and three (3) is ORDERED. American LegalNet, Inc. www.FormsWorkFlow.com After review of the Debtor's motion for authorization to sell the real property commonly known as ___________________________________________________, New Jersey (the Real Property). IT IS hereby ORDERED as follows: 1. The Debtor is authorized to sell the Real Property on the terms and conditions of the contract of sale pursuant to 11 U.S.C. §§ 363(b) and 1303. 2. The proceeds of sale must be used to satisfy the liens on the real property unless the liens are otherwise avoided by court order. Until such satisfaction the real property is not free and clear of liens. 3. In accordance with D.N.J. LBR 6004-5, the Notice of Proposed Private Sale included a request to pay the real estate broker and/or debtor's real estate attorney at closing. Therefore the following professional(s) may be paid at closing. Name of professional: Amount to be paid: Services rendered: OR: Sufficient funds may be held in escrow by the Debtor's attorney to pay real estate broker's commissions and attorney's fees for the Debtor's attorneys on further order of this court. 4. Other closing fees payable by the Debtor may be satisfied from the proceeds of sale and adjustments to the price as provided for in the contract of sale may be made at closing. 2 American LegalNet, Inc. www.FormsWorkFlow.com 5. The amount of $_____________ claimed as exempt may be paid to the Debtor. 6. The balance of proceeds or the balance due on the debtor's Chapter 13 Plan must be paid to the Chapter 13 Trustee in the Debtor's case. 7. A copy of the HUD settlement statement must be forwarded to the Chapter 13 Trustee 7 days after closing. 8. The debtor must file a modified Chapter 13 Plan not later than 21 days after the date of this order. 9. Other provisions: rev.8/1/15 3 American LegalNet, Inc. www.FormsWorkFlow.com

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