Last updated: 5/26/2020
Motion And Order To Strip Off A Junior Lien {Form M}
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Description
UNITED STATES BANKRUPTCY COURT FOR THE WESTERN DISTRICT OF KENTUCKY IN RE: ) ) ) ) Debtor(s) ) _____________________________________________ ) CASE NO. ORDER This matter having come before the Court on the Motion by debtor(s) to Strip Off a Junior Lien and the Court being sufficiently advised, IT IS HEREBY ORDERED that the junior lien of creditor, in the property described as , is, STRIPPED OFF, and shall be treated as an UNSECURED claim under the Chapter 13 case. Should the debtor(s) complete their Chapter 13 plan and receive a discharge, the property will vest in the debtor(s) free and clear of this lien. Should the debtor(s) fail to complete the plan and receive a discharge, upon the dismissal of the ba nkruptcy case any lien stripped off and avoided will be reinstated pursuant to §349 (b)(1)(C) of the Bankruptcy Code. Likewise, should the case be converted to Chapter 7, any lien stripped off will also be reinstated Tendered by: Local Form M American LegalNet, Inc. www.FormsWorkFlow.com