Indiana Certificate of Retention of Debtor in Possesion

State:
Indiana
Control #:
IN-B-2070
Format:
PDF
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Description

Certificate of Retention of Debtor in Possesion

The Indiana Certificate of Retention of Debtor in Possession (CRDP) is a form used by a debtor in Indiana to retain property it owns or has rights in. The CRDP is filed with the court to protect the debtor’s rights to the property while the debtor is in bankruptcy. The CRDP gives creditors notice of the debtor’s interest in the property, and sets out the terms of the debtor’s retention of the property. There are two types of Indiana Crops: general and special. A general CRDP is used when the debtor is in possession of all or part of the property. A special CRDP is used when the debtor has rights to the property but is not in possession of it. The CRDP must be filed within 45 days of the debtor filing the bankruptcy petition, and must include the debtor’s name, the types of property being retained, the court in which the bankruptcy was filed, and a description of the property. The CRDP must also be signed by the debtor and the debtor’s attorney.

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Indiana Certificate of Retention of Debtor in Possesion