Indiana Motion, Notice and Order for Adequate Protection Payments and Opportunity to Object is a document used in Indiana bankruptcy proceedings. This document is issued when a creditor has an interest in a debtor’s property that is being used to secure a debt. When a debtor files for bankruptcy, the creditor may file a motion for adequate protection payments to ensure that the debt is paid. The motion must be served on the debtor, and the debtor has the opportunity to object to it at a hearing. The motion must include a notice and order that states the amount of the payment, the terms of payment, and the date the payment is due. It must also include an opportunity for the debtor to object to the motion and present evidence to support their objection. The motion must be approved by a judge before it can be enforced. There are two types of Indiana Motion, Notice and Order for Adequate Protection Payments and Opportunity to Object: one for unsecured creditors and one for secured creditors. The type of motion used depends on the type of debt owed. The motion for unsecured creditors is used when the debt is not secured by collateral, while the motion for secured creditors is used when the debt is secured by collateral.
Indiana Motion, Notice and Order for Adequate Protection Payments and Opportunity to Object
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