[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Agreed Relinquishment of Security and Right to Redeem Motion to Lift Automatic Stay Dear [Recipient's Name], I hope this letter finds you well. My purpose in writing to you is to formally request your signature on the order for the Agreed Relinquishment of Security and Right to Redeem Motion to Lift Automatic Stay. I believe this motion holds significant importance in the ongoing legal proceedings involving [Name of Parties/Case] in the state of New Mexico. As you may be aware, the Agreed Relinquishment of Security refers to the surrender or abandonment of a specific asset or property that is posited as collateral for a financial obligation. In this case, the motion aims to request the voluntary surrender of the aforementioned security in accordance with the terms outlined in the relevant legal documents. Additionally, the Right to Redeem Motion seeks to afford the debtor an opportunity to regain ownership of the collateral by fulfilling their financial obligations within a specified timeframe. This motion acknowledges the debtor's lawful right to redeem their property by proposing favorable conditions and terms for their reinstatement. Considering the complexity of the legal proceedings at hand, the approval of this motion would require lifting the automatic stay. An automatic stay is a legal provision that temporarily halts any ongoing legal actions, creditor collection efforts, and foreclosure proceedings. By lifting the automatic stay, the motion aims to expedite the resolution process and facilitate the parties involved in reaching a satisfactory outcome swiftly and efficiently. I have attached the Agreed Relinquishment of Security and Right to Redeem Motion to Lift Automatic Stay for your review. I kindly request that you thoroughly examine the details of the motion and give your consent by signing the relevant order. Your prompt attention to this matter would be greatly appreciated. Please feel free to contact me at [Your Phone Number] or [Your Email Address] if you have any questions or require additional information regarding this request. I am at your disposal to provide any clarifications or address any concerns you may have. Thank you for your time and cooperation. I look forward to a positive response and an expeditious resolution to this matter. Sincerely, [Your Name] Enclosure: Agreed Relinquishment of Security and Right to Redeem Motion to Lift Automatic Stay
New Mexico Sample Letter regarding Request to sign order for Agreed Relinquishment of Security and Right to Redeem Motion to Lift Automatic Stay, and Application
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