Oregon Guidelines Regarding Motions To Use Cash Collateral Or To Obtain Credit are set by the state’s Bankruptcy Court and are applicable to all bankruptcy proceedings. The rules require the debtor to provide the court with detailed information on their financial situation and the collateral they are seeking to use. The debtor must also provide an affidavit of their ability to repay the debt, along with a list of assets that will be used as collateral. The rules are divided into two types: (1) Motions to Use Cash Collateral and (2) Motions to Obtain Credit. In order to file a motion, the debtor must meet certain criteria as set forth in the applicable Oregon statutes. For Motions to Use Cash Collateral, the debtor must provide the court with an accurate statement of their financial condition, the amount of cash collateral they are seeking to use, and the equitable interests they will hold in the collateral. The debtor must also provide the court with a detailed description of how the cash collateral will be used and any necessary security interests that will be obtained. For Motions to Obtain Credit, the debtor must provide the court with a description of the proposed credit arrangement, the amount of credit sought, the security interests created by the arrangement, and the debtor’s ability to repay the debt. The debtor must also provide the court with a detailed budget outlining the income received and expenses paid on a monthly basis. The Bankruptcy Court may grant or deny motions filed under the Oregon Guidelines Regarding Motions To Use Cash Collateral Or To Obtain Credit. The court will consider the debtor’s financial condition, the amount of collateral requested, and the security interests proposed. Ultimately, the court will determine whether the motion is in the best interests of the creditors and the estate.