Adequate Protection, Cash Collateral and Value Collateral
MOTION FOR ADEQUATE PROTECTION, CASH COLLATERAL AND VALUE COLLATERAL
Overview:
A debtor must seek the permission of the court to use cash collateral. Cash collateral consists of cash, negotiable instruments, documents of title, security deposit accounts or other cash equivalents. These are often expedited in chapter 11 cases.
These matters must be set for hearing within 30 days. The filing is self- scheduled and should be accompanied by the Motion, Notice of Motion, Certificate of Service and Proposed Order.
For self-scheduled Motion Hearing Dates (CHS), please click here.
For order format, please see Proposed Orders
Codes, Rules and Forms:
CM/ECF Event(s):
Motions/Applications/Contested Matters, Cash Collateral (Use or Prohibit)
Motions/Applications/Contested Matters, Adequate Protection
Motions/Applications/Contested Matters, Value Collateral
I. Noticing:
A. Type: Hearing Required - 14 day language -- hearing within 30 days of filing motion
B. Who Serves: Movant
C. Service: Matrix