UNITED STATES BANKRUPTCY COURT DISTRICT OF UTAH
In re: _______________________________ _______________________________ Case No: ______________ Chapter 7 Debtor(s)
REQUEST FOR ABANDONMENT AND NOTICE OF ABANDONMENT Request is made that _______________________, the Trustee in this bankruptcy proceeding, abandon the following secured property subject to any interest of the debtor and execute the Notice of Abandonment. Description of secured property _____________________________________ _______________________________________________________________ _______________________________________________________________ The value of the secured property is: $_________________ The valuation of the secured property is based upon book value, appraisal, or other: __________, (circle one). The amount owed to creditor on the secured property is $________________. Photocopies of documents that evidence a properly perfected security interest in the property are attached to this form.
The above information is true and correct to the best of my knowledge.
Creditor's signature______________________________ Printed name ___________________________________ Address _______________________________________ City, State & Zip code____________________________
NOTICE OF ABANDONMENT Pursuant to 11 U.S.C. § 554, I have found the above described property to be burdensome to the estate, or of inconsequential value to the estate. I have given notice of my intent to abandon such property during the meeting of creditors, and there being no objection, or request for hearing, the trustee hereby abandons any interest the estate may have in the described property.
Dated: ____________________________
Trustee: ___________________________
Instructions for use of form: This form is to be used only in asset cases. It must be submitted, in duplicate, to the trustee and not to the Court. If mailed, the creditor must include a stamped, self-addressed envelope. Important: Even if the trustee signs the notice of abandonment, the creditor should not take any action against the debtor without first determining that such action is not prohibited by the automatic stay 11 U.S.C. § 362(c).
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