Loss Mitigation Order {LM-05}

LM-05 - LOSS MITIGATION ORDER. This form is used in bankruptcy cases in the Northern District of New York. The purpose of the order is to establish the procedures and timelines for loss mitigation activities between the debtor(s) and creditor(s) involved in the case. It specifies the parties' responsibilities, the deadlines for information exchange, the scheduling of a status conference, and other relevant instructions. The order also addresses specific provisions related to chapter 12 or 13 cases, the standing trustee's role, attorney fees, discharge deferral, and the duration of the order. www.FormsWorkflow.com