Law Offices of David M. Siegel Bankruptcy Law Firm  

Chicago Divorce Lawyer David M. Siegel

Listen to David Siegel's Personal Message
FREE Special Report  "5 Critical Mistakes Often Made When Hiring an Attorney & How to Make Sure That You Don't Make the Same Mistakes". Chapter 7 Bankruptcy Success
Receive FREE Special Report

I Respect Your Email Privacy

5 Chicago Area Office Locations (Click here to See All Office Locations)
Wheeling
All Correspondence   Chicago
By Appointment Only
790 Chaddick Drive
Wheeling, IL 60090
19 South LaSalle Street, Suite 707
Chicago, IL 60603
(847) 520-8100 (773) 276-6969
Chapter 7 Bankruptcy Success
Click here to view contents


See David M. Siegel's appearance on FoxNews commenting on the current foreclosure crisis and how bankruptcy can be a solution


Chicago Bankruptcy Lawyers & Attorneys

April 19, 2008

New Statement Required To Accompany All Motions For Relief From Stay

Filed under: Uncategorized — David M. Siegel @ 7:02 am

The Clerk of the U.S. Bankruptcy Court for the Northern District of Illinois has just issued an updated version of the form required to accompany all motions for relief from stay.  The form includes the following items:

Debtor, Creditor, Relief Sought, Chapter 13 Confirmation Date Hearing or Date Confirmed;

Chapter 7  Report of No-Assets or Date of 341 Meeting of Creditors, Type of Collateral, Balance Owed, Other Liens Against Collateral, Estimate Value of Collateral;

Default, Pre-Petition, Post-Petition, Number of Months, On Direct Payments, On Payments to Trustee;

Other Allegations, Lack of Adequate Protection, No Insurance, Taxes Unpaid, Rapidly Depreciating Asset, Other;

No Equity, Not Necessary For An Effective Reorganization, Other Cause, Bad Faith, Multiple Filings;

Debtor’s Statement of Intention Regarding the Collateral, Reaffirm, Redeem, Surrender, No Statement Filed.

After close scrutiny, you will notice that there are some additional line items that were not present in the prior version of the form.  I think that creditors will have an easy time adjusting to the new, updated form.

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment

You must be logged in to post a comment.

Chicago Bankruptcy Lawyers