Indiana Sell and approve bid procedures, Motion and Notice (Combined)

State:
Indiana
Control #:
IN-SB-6005SA
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Sell and approve bid procedures, Motion and Notice (Combined)

Indiana Sell and approve bid procedures, Motion and Notice (Combined), is a legal procedure used in Indiana that allows for the sale of certain types of property by sealed bid. This procedure is used in situations where it is necessary to quickly sell property due to financial hardship or other reasons, and is a fast and efficient way to sell the property. The procedure begins with a Motion and Notice, which is a document that is filed with the court, and contains information such as the property's location, description, and estimated market value. It also includes information about the seller's financial condition, and why the property must be sold. The Motion and Notice must be served upon all parties who have an interest in the property, including any lien holders, and must be published in a local newspaper for a minimum of three weeks. Once the Motion and Notice is published, interested buyers can submit sealed bids for the property. The bids must meet the minimum bid amount set out in the Motion and Notice, and must be accompanied by a deposit of 10% of the bid amount. The highest bidder must also be approved by the court. Once the court has approved the bid, the seller must execute a deed of sale, and the buyer must pay the remaining balance of the purchase price. The deed of sale must then be filed with the court and recorded in the public record. There are two types of Indiana Sell and approve bid procedures, Motion and Notice (Combined): Judicial Sale and Voluntary Sale. Judicial Sale is used in situations where the seller is in financial distress and the court is overseeing the sale. Voluntary Sale is used in situations where the seller is not in financial distress, and the sale is conducted without court supervision.

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FAQ

A Motion for Summary Judgment can be filed by a party to a legal case or adversary proceeding who believes that there is no genuine dispute as to any material fact and that the party is entitled to judgment as a matter of law.

If a summons has already been issued by the Clerk of the Court but another summons is needed, perhaps because there was an error in the original one, it was served on the wrong party or to the wrong address or not served within the required time frame, the plaintiff may file a Request for Alias Summons to request that

Under T.R. 53.2, if a judge takes a cause tried to the court under advisement and fails to determine any issue of law or fact within ninety (90) days of the submission of all pending matters, the case may be withdrawn from the judge. Ind.

(C) Response. Any party may file a response to a motion within fifteen (15) days after the motion is served. The fact that no response is filed does not affect the Court's discretion in ruling on the motion.

Failure by any person without adequate excuse to obey a subpoena served upon him may be deemed a contempt of the court from which the subpoena issued, or court of the county where the witness was required thereunder to appear or act.

Filing requirements Motion must be signed by the filing party. Motion must clearly state which party is being dismissed. The Motion must contain a Certificate of Service. It is not necessary to upload a proposed order - the court will prepare one.

Rule 37-Failure to Make or Cooperate in Discovery: Sanctions. (a) Motion for Order Compelling Disclosure or Discovery. A party, upon reasonable notice to other parties and all persons affected thereby, may apply for an order compelling disclosure or discovery as follows: (1) Appropriate Court.

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Indiana Sell and approve bid procedures, Motion and Notice (Combined)