Last updated: 2/16/2018
Order Granting Relief From Stay {hib 4001-1f2}
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Description
hib4001-1f2 (1/2018) IMPORTANT! To upload this form in CM/ECF, and make this message disappear, you must "flatten" the file to lock in the information. "Print to PDF" or print to paper and scan it to make a PDF. Do not use "Save" or "Save As...." UNITED STATES BANKRUPTCY COURT DISTRICT OF HAWAII Debtor(s):ChapterCase No. Related Docket No.: Unopposed - No Hearing Hearing held: Presiding Judge: ORDER GRANTING RELIEF FROM STAY Automatic Stay Codebtor Stay Automatic and Codebtor Stays Moving Party: Subject property or other matter (address or legal description of property; title of action, etc.): Amended Order Upon consideration of the above-identified motion and supporting documents, due notice having been given, and there being no timely opposition filed or for the reasons stated on the record at the hearing: 1. The motion is GRANTED; 2. The stay under 11 U.S.C. 247 362(a) and/or 247 1201(a) or 247 1301(a) is terminated or modified and the moving party, its successors, transferees, and assigns, may exercise any rights and remedies under applicable nonbankruptcy law with respect to the subject property or other matter described above; American LegalNet, Inc. www.FormsWorkFlow.com 3. No deficiency judgment or other money judgment may be entered against the debtor unless and until the bankruptcy court enters an order (i) denying the debtor a discharge, (ii) determining that the debt owed to the moving party is not dischargeable, (iii) dismissing the case prior to the entry of a discharge, or (iv) expressly authorizing the entry of such a judgment; 4. If the subject property is sold and the proceeds exceed the amount of the secured claim(s), the moving party must turn over the surplus proceeds to the trustee; 5. The secured portion of any proof of claim filed by the moving party with respect to the subject property is deemed withdrawn and the moving party may seek collection of any unsecured deficiency amount only by filing a proof of claim under 11 U.S.C. 247 501, or by amending a previously filed proof of claim; 6. This order will remain effective despite the conversion of the case to one under another chapter; 7. This order is limited to granting relief from the automatic stay and/or the codebtor stay under the Bankruptcy Code and does not determine any issues concerning any rights, claims, remedies, or defenses of the moving party, the debtor, or any other party; and 8. In a chapter 13 case, as soon as practicable after the trustee receives notice of this order, the trustee shall cease making distributions on all claims secured by the property described above except for funds then being held by trustee for distribution. ADDITIONAL PROVISIONS - APPLICABLE ONLY IF CHECKED: As explicitly requested in the motion, and based on an adequate factual and legal basis for extraordinary relief, The 14-day stay provided under Fed. R. Bankr. P. 4001(a)(3) does not apply. This order provides "in rem" relief under 11 U.S.C. 247 362(d)(4) because the filing of the petition was part of a scheme to delay, hinder, or defraud creditors that involved transfer of an interest without the secured creditor's consent or court approval, or involved multiple bankruptcy filings affecting this property. If recorded in compliance with applicable law, this order is binding with respect to the subject property for 2 years after the date of entry of this order in any other bankruptcy case that has been or may be filed. This relief applies retroactively to: This relief will become effective on: A deficiency judgment may be entered against the chapter 13 codebtor without further order of the court. END OF ORDERThis order submitted by: American LegalNet, Inc. www.FormsWorkFlow.com