Kentucky Sample Letter regarding Request to sign order for Agreed Relinquishment of Security and Right to Redeem Motion to Lift Automatic Stay, and Application

• Category: Letters - Legal - Bankruptcy
• State: Multi-State
• Control #: US-0343LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Subject: Request to Sign Order for Agreed Relinquishment of Security and Right to Redeem Motion — Kentucky Dear [Recipient's Name], I hope this letter finds you well. I am writing to request your cooperation in signing an order for an Agreed Relinquishment of Security and Right to Redeem Motion to Lift the Automatic Stay in the case of [Case Name], currently pending in [Court Name] in Kentucky. Firstly, let me provide you with a brief overview of the situation. In the aforementioned case, [Your Name/Client's Name] is the secured party and [Debtor's Name] is the debtor. As per our discussions and negotiations, both parties have agreed to the following terms and conditions: 1. Relinquishment of Security: The secured party, [Your Name/Client's Name], agrees to the voluntary relinquishment of the security interest held against the subject property [Property Details]. This relinquishment will allow the debtor, [Debtor's Name], to regain control and ownership of the property. 2. Right to Redeem: The debtor, [Debtor's Name], acknowledges and agrees that they will have the right to redeem the property as per the agreed terms and conditions set forth. 3. Motion to Lift Automatic Stay: The agreed motion requests the court to lift the automatic stay that is currently in effect regarding the subject property. This step is essential to proceed with the agreed-upon arrangements and facilitate the return of ownership to the debtor. In light of the above, we kindly request your approval and signature on the attached order, which reflects the mutually agreed-upon terms and conditions mentioned above. By signing this order, you will signify your understanding and agreement with the proposed action, thereby allowing both parties to move forward with the process smoothly. Please find enclosed the following documents for your review and signature: 1. Agreed Relinquishment of Security and Right to Redeem Order 2. Motion to Lift Automatic Stay 3. Application for Relief Your prompt attention to this matter is highly appreciated ensuring timely processing. Should you have any questions or require further clarification, please do not hesitate to reach out to me at [Your Contact Information]. Thank you for your cooperation and assistance in this important matter. We look forward to your positive response. Sincerely, [Your Name] [Your Title/Organization] [Contact Information]

Subject: Request to Sign Order for Agreed Relinquishment of Security and Right to Redeem Motion — Kentucky Dear [Recipient's Name], I hope this letter finds you well. I am writing to request your cooperation in signing an order for an Agreed Relinquishment of Security and Right to Redeem Motion to Lift the Automatic Stay in the case of [Case Name], currently pending in [Court Name] in Kentucky. Firstly, let me provide you with a brief overview of the situation. In the aforementioned case, [Your Name/Client's Name] is the secured party and [Debtor's Name] is the debtor. As per our discussions and negotiations, both parties have agreed to the following terms and conditions: 1. Relinquishment of Security: The secured party, [Your Name/Client's Name], agrees to the voluntary relinquishment of the security interest held against the subject property [Property Details]. This relinquishment will allow the debtor, [Debtor's Name], to regain control and ownership of the property. 2. Right to Redeem: The debtor, [Debtor's Name], acknowledges and agrees that they will have the right to redeem the property as per the agreed terms and conditions set forth. 3. Motion to Lift Automatic Stay: The agreed motion requests the court to lift the automatic stay that is currently in effect regarding the subject property. This step is essential to proceed with the agreed-upon arrangements and facilitate the return of ownership to the debtor. In light of the above, we kindly request your approval and signature on the attached order, which reflects the mutually agreed-upon terms and conditions mentioned above. By signing this order, you will signify your understanding and agreement with the proposed action, thereby allowing both parties to move forward with the process smoothly. Please find enclosed the following documents for your review and signature: 1. Agreed Relinquishment of Security and Right to Redeem Order 2. Motion to Lift Automatic Stay 3. Application for Relief Your prompt attention to this matter is highly appreciated ensuring timely processing. Should you have any questions or require further clarification, please do not hesitate to reach out to me at [Your Contact Information]. Thank you for your cooperation and assistance in this important matter. We look forward to your positive response. Sincerely, [Your Name] [Your Title/Organization] [Contact Information]