[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Status of Agreed Relinquishment of Security and Right to Redeem, Motion to Lift Automatic Stay Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to inquire about the status of the agreed relinquishment of security and right to redeem, as well as the motion to lift the automatic stay pertaining to the property located at [property address] in Nassau, New York. As per our previous discussions and the terms stated in the agreement dated [Agreement Date], it was agreed upon that I would relinquish the security interest held by [Entity/Firm Name] over the aforementioned property. Simultaneously, I was granted the right to redeem the property within a specified timeframe. I would greatly appreciate an update on the progress made towards finalizing these arrangements. It is my understanding that a motion to lift the automatic stay has also been filed in conjunction with this matter. Hence, I kindly request information regarding the current status of this motion and any associated court proceedings. In the interest of ensuring a smooth and timely resolution, I would appreciate your prompt attention to this matter. Should any additional documentation or information be required from my end, please do not hesitate to inform me promptly, and I will gladly provide the necessary materials. I look forward to receiving your response and obtaining clarification on the current status of the agreed relinquishment of security and right to redeem, as well as the motion to lift the automatic stay. Thank you for your attention to this matter. I eagerly await your prompt response. Sincerely, [Your Name]