California Motion To Value Personal Property (8-1-2013 Model Chapter 13 Plan) is a legal document that allows a debtor to modify the value of certain personal property assets in order to reduce the amount of repayment to creditors in a Chapter 13 bankruptcy. The motion, which is usually filed with the court by the debtor's attorney, outlines the debtor's proposal for a revised value of the property and states the reasons for the proposed change. The motion must then be reviewed by the court and granted or denied. The 8-1-2013 Model Chapter 13 Plan is a version of the motion that was adopted by the California Judicial Council in 2013. It is designed to provide creditors with a standard form for filing a motion to value personal property in California. The form includes detailed instructions on how to complete the motion and the required documentation. The 8-1-2013 Model Chapter 13 Plan is divided into two parts. The first part outlines the debtor's proposed revised value of the property and includes details about the property, the reasons for the proposed value, and the proposed repayment plan. The second part is a certification of the debtor's financial situation and includes details such as the debtor's current income and expenses. The 8-1-2013 Model Chapter 13 Plan is the most current version of the motion and is used in all Chapter 13 bankruptcies in California. Other versions of the motion may be available in other states.
California Motion To Value Personal Property (8-1-2013 Model Chapter 13 Plan)
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