Motion To Approve Final Loan Modification Agreement {NVB 105-11}

To complete form, check "Highlight fields" above or position cursor in fields to insert text. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 NVB 105-11(Effective 1/17) Attorney Nevada Bar # Firm Name Address City, State, Zip Phone Number Email Address Pro-se Debtor UNITED STATES BANKRUPTCY COURT DISTRICT OF NEVADA ****** In re: ) ) ) ) ) ) ) ) ) BK-SCHAPTER 13 MOTION TO APPROVE FINAL LOAN MODIFICATION AGREEMENT Hearing Date: Hearing Time: Debtor(s). The above-referenced Debtor requests the Court enter an Order approving the Mortgage Modification Agreement with _______________________ ("Lender") and states as follows: 1. The Court referred this matter to Mortgage Modification Mediation ("MMM") on __________________ (Docket # ____). 2. The MMM Mediator filed a Final Report of Mortgage Modification Mediator on_____________ (Docket #____), reporting the parties reached an agreement. 3. A copy of the Final Loan Modification Agreement entered into between the parties (with all personal identifiers redacted) is attached hereto as Exhibit A. 4. The terms of the final loan modification are summarized as follows: Old Loan Terms New Loan Terms -1American LegalNet, Inc. www.FormsWorkFlow.com 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Principal Balance Interest Rate Interest Type Maturity Date Principal and Interest Amount Total Payment (including escrow, if applicable) The monthly payment is scheduled to change within five years after the modification as set forth in the final loan modification agreement. The final agreement The final agreement The final agreement does or does or does or does not incorporate pre-petition arrears. does not incorporate post-petition arrears. does not incorporate post-petition fees, expenses, or charges under Federal Rule of Bankruptcy Procedure 3002.1(c). 5. Pursuant to the Agreement, the Lender will draft all documents required by the Agreement, other than pleadings or plans required to be filed in this case. 6. Pursuant to the Agreement and the MMM Program Procedures, the Debtor shall amend or modify the plan, as necessary, to accurately reflect the agreement. Such amendment or modification shall be filed and served no later than twenty-eight (28) days of entry of the Order granting the instant motion. 7. All payments shall be considered timely upon receipt by the Trustee, not upon receipt by the Lender. 8. The Trustee may disburse the payment to the Lender until such time as a modified plan is confirmed, or the case is dismissed or converted to another chapter. -2American LegalNet, Inc. www.FormsWorkFlow.com 1 2 3 4 5 6 7 8 9 10 11 12 WHEREFORE, the Debtor requests the Motion to Approve Final Loan Modification Agreement with ___________________________________ ("Lender") be granted and for such other and further relief as this Court deems proper. Submitted by: _________________________ Attorney for Debtor(s) Dated: ______________________ Print Form Save Form Reset Form 13 14 15 16 17 18 19 20 21 22 23 24 -3American LegalNet, Inc. www.FormsWorkFlow.com 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 EXHIBIT A [Attach a copy of the Final Loan Modification Agreement entered into between the parties (with all personal identifiers redacted)]. -4American LegalNet, Inc. www.FormsWorkFlow.com