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This document is a motion filed by Bayonne Medical Center in Chapter 11 bankruptcy court to maintain existing bank accounts, continue using its cash management system and business forms, and approve
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How to fill out debtors motion to maintain

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How to fill out Debtor's Motion to Maintain Existing Accounts

01
Gather all necessary financial documents and records related to your accounts.
02
Begin filling out the motion form by providing your personal information, including name, address, and contact details.
03
Clearly state the reason for maintaining existing accounts, highlighting any financial stability or consistent transactions.
04
List all accounts you wish to maintain, including account numbers and the financial institutions involved.
05
Include supporting arguments or evidence for why maintaining these accounts is beneficial for your financial situation.
06
Sign and date the motion to certify that all information provided is true and accurate to the best of your knowledge.
07
Submit the completed motion to the appropriate court, ensuring compliance with local filing procedures.

Who needs Debtor's Motion to Maintain Existing Accounts?

01
Individuals or businesses undergoing bankruptcy proceedings or financial restructuring who want to maintain access to existing financial accounts.
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Debtor's Motion to Maintain Existing Accounts is a legal request filed by a debtor in bankruptcy proceedings to continue using existing bank accounts or financial arrangements that are critical for their business operations.
Typically, the debtor or their legal representative is required to file the Debtor's Motion to Maintain Existing Accounts, especially when they are seeking permission to keep certain accounts operational during bankruptcy proceedings.
To fill out the Debtor's Motion to Maintain Existing Accounts, one must provide the details of the existing accounts, a rationale for why maintaining them is necessary, and any other relevant financial information as required by the court.
The purpose of the Debtor's Motion to Maintain Existing Accounts is to allow the debtor to manage their finances during bankruptcy, ensuring they can continue to operate their business and serve their customers while addressing their debts.
The information that must be reported includes the names and numbers of the existing accounts, the financial institutions holding the accounts, the reasons for maintaining the accounts, and a statement of how these accounts will help in the debtor's reorganization efforts.
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