Last updated: 7/16/2018
Motion To Sell Pursuant To 11 U.S.C. 363(b) And VT LBR 6004-1 {J-1}
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Description
VTB Form J-1 04/2018 See Vt. LBR 6004-1 UNITED STATES BANKRUPTCY COURT DISTRICT OF VERMONT In re: , Chapter Debtor(s). Case # MOTION TO SELL PROPERTY PURSUANT TO 11 U.S.C. 247 363(b) NOW COMES [name of movant] (the 223Movant224) by and through attorney [name of attorney], pursuant to 11 U.S.C. 247 363(b) and Vt. LBR 6004-1, to request an order of this Court granting the Movant222s motion to sell [description of the property] (the 223Property224). In support of this motion, the Movant attaches a copy of [the contract or a summary of the terms of sale] and states the following: 1. The Property has a fair market value of $. This valuation is based upon [describe basis]. 2. The Property will be sold to [names of purchasers] (the 223Purchasers224) of [city and state in which the Purchasers reside] for $, with net proceeds to the bankruptcy estate of $. 3. The Purchasers, who made a deposit of $ on [date], will pay the balance due, in the amount of $, [at closing or other terms of sale as described]. 4. The [closing or sale] will take place on or before [date], unless the date is changed by agreement between the Movant and the Purchasers. 5. The Movant will convey title to the Property to the Purchasers by [description of deed or other document transferring title]. 6. The sale is subject to the following liens and/or interests: [description of liens and/or restrictions of record to which sale is subject, proposed treatment of those liens / restrictions, and how they will be addressed at closing]. 7. The Movant proposes to disburse proceeds of sale as follows: [specify how the Movant will distribute proceeds, with name of each distributee and amount to be paid to each distributee]. WHEREFORE, the Movant respectfully requests that this Court enter an order granting this motion to sell the Property pursuant to 11 U.S.C. 247 363(b). Respectfully submitted, [name of Movant] Dated: By: [Signature] [typed name, with address, e-mail address, and telephone number] American LegalNet, Inc. www.FormsWorkFlow.com
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