Motion To Sell Pursuant To 11 U.S.C. 363(f) And VT LBR 6004-1 {J-3}

VTB Form J-3 04/2018 See Vt. LBR 6004-1(a) UNITED STATES BANKRUPTCY COURT DISTRICT OF VERMONT In re: , Chapter Debtor(s). Case # MOTION TO SELL PROPERTY FREE AND CLEAR OF LIENS PURSUANT TO 11 U.S.C. 247 363(f) NOW COMES [name of party filing this motion] (the 223Movant224) by and through attorney [name of debtor222s attorney], pursuant to 11 U.S.C. 247 363(f) 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 [state basis for valuation]. 2. The following entities claim an interest and/or lien in the Property as described below: Name and address of entity claiming an interest Date interest/lien created/recorded Recording reference (town, book, page and date) Original amount of claim Outstanding balance of claim 3. The proposed sale complies with 247 363(f). With respect to each of the above-listed entities (choose one): (a) applicable non-bankruptcy law permits sale of the Property free and clear of such interest; (b) consent of the [entity or entities] has been filed; (c) the price at which the Property is to be sold, $, is greater than the aggregate value of all liens on the Property, $; (d) the interest claimed by [specify entity] is the subject of a bona fide dispute; or (e) [specify entity] could be compelled, in a legal or equitable proceeding, to accept a money satisfaction of its interest [describe]. American LegalNet, Inc. www.FormsWorkFlow.com VTB Form J-3 04/2018 See Vt. LBR 6004-1(a) 4. The Property will be sold to [names of purchasers] (the 223Purchasers224) of [city and state in which the Purchasers reside] for $, which will result in net proceeds to the bankruptcy estate in the amount of $. 5. The Movant advertised the sale of the Property as follows: 6. The Purchasers, who made a deposit of $ on [date], will pay the balance due, in the amount of $, as follows: . 7. The [closing or sale] will take place at [time, date, and location], unless changed by agreement between the Movant and the Purchasers. 8. The Movant will convey title to the Property to the Purchasers by [description of deed or other document transferring title] free and clear of all liens and interests. 9. The Movant has given sufficient notice of the sale by: [describe due diligence undertaken to identify and provide notice to all parties with an interest in the property being sold and all potential bidders]. WHEREFORE, the Movant respectfully requests that this Court enter an order granting the motion to sell the Property, pursuant to 11 U.S.C. 247 363(f), free and clear of liens. Respectfully submitted, [name of Movant] Dated: By: [Signature] [typed name, with address, e-mail address, and telephone number] American LegalNet, Inc. www.FormsWorkFlow.com