Stipulated order allowing debtor to incur additional debt to lease or purchase an automobile

UNITED STATE BANKRUPTCY COURT

EASTERN DISTRICT OF MICHIGAN

SOUTHERN DIVISION – DETROIT

IN THE MATTER OF:

Case No.

Chapter

Judge

Debtor.

__________________________/

STIPULATED ORDER ALLOWING DEBTOR TO INCUR ADDITIONAL DEBT

TO LEASE OR PURCHASE AN AUTOMOBILE

The above named Debtor, having filed a petition for relief under Chapter 13 of Bankruptcy Code, and having sought to incur additional debt for the following reason: [INSERT REASONS] and further seeking entry of this Order without notice, and the consent of the Trustee having been obtained, and the Court being otherwise sufficiently advised in the premises;

IT IS HEREBY ORDERED the Debtor is hereby authorized to enter into a credit contract pursuant to the following terms:

Type of Transaction: [INSERT: PURCHASE OR LEASE]

Type of Vehicle: [INSERT CUSTOM LANGUAGE]

Finance Company: [INSERT CUSTOM LANGUAGE] or similar finance company

Term: Not to exceed [INSERT CUSTOM LANGUAGE] months

Monthly Payment: Not to exceed [INSERT CUSTOM LANGUAGE]

Interest Rate: Not to exceed [INSERT CUSTOM LANGUAGE]

Payment Method: Directly by Debtor

Down Payment: [INSERT CUSTOM LANGUAGE]

IT IS FURTHER ORDERED that the Confirmed Plan, as last modified, shall, in all other respects, remain in full force and effect.

IT IS FURTHER ORDERED that notice of this request is hereby waived given that no parties will be adversely affected by the entry of this Order.

IT IS FURTHER ORDERED that counsel for Debtor shall serve a true copy of this Order upon the Trustee.

IT IS FURTHER ORDERED that this Order is effective for 90 days from the date of its entry.

APPROVED:

__________________________________ __________________________________

[INSERT TRUSTEE] Honorable [INSERT JUDGE]

Chapter 13 Standing Trustee U. S. Bankruptcy Judge

[ADDRESS]

[ADDRESS]

[TELEPHONE]

__________________________________

[INSERT ATTORNEY FOR DEBTOR]

[ADDRESS]

[ADDRESS]

[TELEPHONE]