This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases.
Oregon Creditors Holding Secured Claims — Schedule — - Form 6D - Post 2005 Oregon Creditors Holding Secured Claims — Schedule — - Form 6D - Post 2005 is a legal document used in bankruptcy cases filed after 2005 in the state of Oregon. This form serves to provide detailed information about creditors who hold secured claims against the debtor's property. This schedule is an essential part of the overall bankruptcy process, as it helps to identify and categorize the debts owed to secured creditors. By listing secured claims, the debtor acknowledges that these creditors hold a legal right to seize and sell specific property if the debtor fails to fulfill their financial obligations. Types of Oregon Creditors Holding Secured Claims — Schedule — - Form 6D 1. Mortgage Lenders: This category includes lenders who hold a mortgage on real estate or property owned by the debtor. The mortgage serves as collateral for the loan, and if the debtor defaults on their mortgage payments, the lender can initiate foreclosure proceedings to recover their money. 2. Auto Lenders: This category comprises lenders who have provided loans for the purchase of vehicles. The vehicle itself serves as collateral, and in case of default, the lender may repossess and sell the car to recover the outstanding debt. 3. Equipment or Asset Lenders: This category encompasses lenders who hold secured claims against specific equipment, assets, or machinery used by the debtor in business operations. 4. Secured Credit Card Companies: These are creditors who have issued secured credit cards to the debtor. Unlike traditional credit cards, secured credit cards require collateral, typically in the form of a cash deposit, to secure the credit line. 5. Other Secured Creditors: This category includes any other creditors who hold secured claims against specific assets or property, such as boats, recreational vehicles, or jewelry. It is crucial for the debtor to accurately complete the Oregon Creditors Holding Secured Claims — Schedule — - Form 6D - Post 2005 and provide all necessary information for each creditor listed. This includes the amount owed, the description and location of the collateral, and any co-debtors involved. Errors or omissions on this form can have serious consequences of the bankruptcy process. Overall, the Oregon Creditors Holding Secured Claims — Schedule — - Form 6D - Post 2005 serves as a vital tool in identifying and addressing the secured claims of various creditors in bankruptcy cases filed after 2005 in Oregon. It helps facilitate the fair distribution of assets and aids in the resolution of the debtor's financial obligations.
