Get the free First Day Motions - Kroll Restructuring Administration

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How to fill out first day motions

How to fill out first day motions

1. To fill out first day motions, follow these steps:
2. Start by reviewing the first day motion form provided by the court. This form will typically include sections for your contact information, a list of the relief you are seeking, and supporting documents.
3. Begin by entering your personal contact information, including your name, address, phone number, and email address. Ensure that this information is accurate and up to date.
4. Next, carefully read and understand the relief you are seeking. Determine the specific motions you need to file and the legal basis for each motion.
5. For each motion, provide a brief and clear description of the relief you are seeking. Use concise and professional language to clearly articulate your intentions.
6. If required, attach supporting documents that complement your motions. These documents may include financial statements, contracts, or any other relevant evidence.
7. Review the completed first day motions form to ensure all necessary sections are filled out accurately and completely. Make any necessary corrections or additions.
8. Sign and date the form, affirming that the information provided is true and accurate to the best of your knowledge.
9. Make copies of the completed first day motions form and any supporting documents for your own records.
10. File the original first day motions form with the appropriate court. Follow the court's instructions regarding filing methods, fees, and deadlines.
11. Keep track of any responses or actions from the court regarding your first day motions. Be prepared to make any further filings or attend hearings as necessary.

Who needs first day motions?

1. First day motions are typically required in bankruptcy proceedings. They are filed by the debtor, usually a business entity, to request various relief from the court on the first day of the bankruptcy case.
2. Creditors and other parties in interest may also file first day motions if they have a legal basis and need for immediate relief in the bankruptcy process.
3. In summary, anyone involved in a bankruptcy case, including debtors and creditors, may need to file or respond to first day motions.

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What is first day motions?

First day motions are requests made to the court during the initial days of bankruptcy proceedings, aimed at obtaining immediate relief and approval for certain critical actions that are necessary for the smooth operation of the debtor's business.

Who is required to file first day motions?

Typically, the debtor in possession, or the bankruptcy trustee in a Chapter 7 case, is required to file first day motions.

How to fill out first day motions?

To fill out first day motions, the debtor must complete specific forms with detailed information regarding the relief sought, including supporting documents and justifications for the requested actions.

What is the purpose of first day motions?

The purpose of first day motions is to secure necessary court approvals that will help maintain the operations of the debtor's business, preserve assets, and provide for employees and creditors during the bankruptcy process.

What information must be reported on first day motions?

First day motions must report the nature of the requested relief, the urgency of the request, the legal basis for the motion, and relevant financial information that supports the request.