Guam Sample Letter for Motion to Dismiss in Referenced Bankruptcy

• Category: Letters - Legal - Motions
• State: Multi-State
• Control #: US-0114LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Guam Sample Letter for Motion to Dismiss in Referenced Bankruptcy: [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Bankruptcy Court Name] [Bankruptcy Court Address] [City, State, ZIP] Re: Motion to Dismiss Case No. [Bankruptcy Case Number] Dear Honorable [Judge's Last Name], I, [Your Name], the debtor in the above-mentioned bankruptcy case, hereby submit this Motion to Dismiss pursuant to the relevant section of the Bankruptcy Code, in accordance with Rule [XX] of the Federal Rules of Bankruptcy Procedure. This letter serves as my formal request for dismissal of my bankruptcy case in Guam. I filed for bankruptcy under Chapter [XX] of the Bankruptcy Code on [Filing Date], seeking relief from my overwhelming financial obligations. However, I have now evaluated my financial situation more thoroughly and have determined that continuing with the bankruptcy proceedings is no longer necessary or in the best interest of the creditors involved. I present the following grounds for the dismissal of my bankruptcy case: 1. Change in Financial Circumstances: Since the filing of the bankruptcy petition, there have been significant changes in my financial situation. I have managed to secure new employment and have significantly increased my income, enabling me to meet my financial obligations without the need for bankruptcy protection. 2. Rehabilitation and Improved Financial Management: Through strict budgeting, financial counseling, and sincere commitment to proper financial management, I have taken significant steps towards resolving my financial difficulties. I have successfully addressed and resolved the underlying issues that resulted in my bankruptcy filing. 3. Lack of Sufficient Assets for Distribution: After a thorough review of my financial records, it has become apparent that my assets are limited, and the value of these assets would not yield a meaningful distribution to my creditors. Therefore, continuing with the bankruptcy case would be futile and wasteful of court resources. The dismissal of my bankruptcy case will not prejudice any of the creditors involved, as my ability to pay them in full has been restored. Furthermore, a dismissal would save the court's time and resources, allowing it to focus on cases that would truly benefit from bankruptcy protection. In support of this Motion to Dismiss, I have attached the required financial documentation, including updated income statements, a list of current assets, and an updated schedule of liabilities, for the court's review. I hereby request that a hearing be set on this matter and that notice of such hearing, along with a copy of this Motion to Dismiss, be served upon all creditors and interested parties. I respectfully request that the court grant this Motion to Dismiss and enter an order dismissing my bankruptcy case. Thank you for your prompt attention to this matter. Sincerely, [Your Name]

Guam Sample Letter for Motion to Dismiss in Referenced Bankruptcy: [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Bankruptcy Court Name] [Bankruptcy Court Address] [City, State, ZIP] Re: Motion to Dismiss Case No. [Bankruptcy Case Number] Dear Honorable [Judge's Last Name], I, [Your Name], the debtor in the above-mentioned bankruptcy case, hereby submit this Motion to Dismiss pursuant to the relevant section of the Bankruptcy Code, in accordance with Rule [XX] of the Federal Rules of Bankruptcy Procedure. This letter serves as my formal request for dismissal of my bankruptcy case in Guam. I filed for bankruptcy under Chapter [XX] of the Bankruptcy Code on [Filing Date], seeking relief from my overwhelming financial obligations. However, I have now evaluated my financial situation more thoroughly and have determined that continuing with the bankruptcy proceedings is no longer necessary or in the best interest of the creditors involved. I present the following grounds for the dismissal of my bankruptcy case: 1. Change in Financial Circumstances: Since the filing of the bankruptcy petition, there have been significant changes in my financial situation. I have managed to secure new employment and have significantly increased my income, enabling me to meet my financial obligations without the need for bankruptcy protection. 2. Rehabilitation and Improved Financial Management: Through strict budgeting, financial counseling, and sincere commitment to proper financial management, I have taken significant steps towards resolving my financial difficulties. I have successfully addressed and resolved the underlying issues that resulted in my bankruptcy filing. 3. Lack of Sufficient Assets for Distribution: After a thorough review of my financial records, it has become apparent that my assets are limited, and the value of these assets would not yield a meaningful distribution to my creditors. Therefore, continuing with the bankruptcy case would be futile and wasteful of court resources. The dismissal of my bankruptcy case will not prejudice any of the creditors involved, as my ability to pay them in full has been restored. Furthermore, a dismissal would save the court's time and resources, allowing it to focus on cases that would truly benefit from bankruptcy protection. In support of this Motion to Dismiss, I have attached the required financial documentation, including updated income statements, a list of current assets, and an updated schedule of liabilities, for the court's review. I hereby request that a hearing be set on this matter and that notice of such hearing, along with a copy of this Motion to Dismiss, be served upon all creditors and interested parties. I respectfully request that the court grant this Motion to Dismiss and enter an order dismissing my bankruptcy case. Thank you for your prompt attention to this matter. Sincerely, [Your Name]