This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases.
North Dakota Creditors Holding Secured Claims — Schedule — - Form 6D - Post 2005 is a legal document used in bankruptcy cases to disclose the creditors who hold secured claims in the state of North Dakota. This document is filed under Schedule D in the bankruptcy petition and provides detailed information about the creditors and their claims. Secured creditors are those who have a legal interest in specific property or assets of the debtor, allowing them to take possession or sell the property if the debtor fails to fulfill the payment obligations. The Schedule D form is used to list these secured creditors and the nature of their claims in North Dakota. Some relevant keywords associated with North Dakota Creditors Holding Secured Claims — Schedule — - Form 6D - Post 2005 include: 1. Secured Claims: This refers to debts that are backed by collateral or secured assets that a creditor can claim if the borrower fails to repay the loan. 2. Bankruptcy: This legal process provides individuals or businesses with financial relief by helping them eliminate or repay their debts under the protection and supervision of the court. 3. Chapter 7 Bankruptcy: This specific chapter of bankruptcy is commonly known as liquidation bankruptcy, where non-exempt assets of the debtor are sold to repay the creditors. 4. Chapter 13 Bankruptcy: Also known as reorganization bankruptcy, it allows debtors to develop a repayment plan to repay their creditors over a specified period, usually three to five years. 5. Schedule D — Form 6D: This specific form required in bankruptcy cases is used to disclose secured claims in North Dakota. Different types of North Dakota Creditors Holding Secured Claims — Schedule — - Form 6D - Post 2005 may include various types of secured creditors, such as: 1. Mortgage lenders: Creditors who hold mortgages on real estate or properties. 2. Auto loan lenders: Creditors who hold liens on vehicles and other types of motorized assets. 3. Equipment financing companies: Creditors who have a security interest in specific machinery, equipment, or tools used in business operations. 4. Financial institutions: Banks or other financial institutions that hold collateral for loans, such as personal loans or lines of credit. 5. Landlords: Property owners who hold security deposits in rental agreements. It is important to consult with a legal professional or bankruptcy attorney to accurately complete North Dakota Creditors Holding Secured Claims — Schedule — - Form 6D - Post 2005 to ensure compliance with the relevant bankruptcy laws and regulations in North Dakota.
