Lien Avoidance (Complete if applicable and check “Yes” in Section 1.2. The following provisions will be effective

U.S. Bankruptcy Court for the Eastern District of Tennessee

Rule Set: Local Bankruptcy Rules of the U.S. Bankruptcy Court for the Eastern District of Tennessee

Rule: 3.4

Jurisdiction: EDTNB

Bluebook Citation: Bankr. E.D. Tenn. R. 3.4

only if there is a check in the “Yes” box in Section 1.2.) The judicial liens and nonpossessory, nonpurchase money security interests securing the claims listed in this section impair exemptions to which the debtor(s) would be entitled under 11 U.S.C. § 522(b). Upon entry of an order confirming this plan, the liens listed will be avoided to the extent they impair such exemptions. The amount of a lien avoided will be treated as an unsecured claim in Section 5.1 of this plan. The amount, if any, of the lien interest that is not avoided will be paid in full as a secured claim with payments disbursed by the trustee.

If multiple liens on the same collateral impairing the same exemption are being avoided, the liens should be listed and avoided in reverse order of priority, i.e., start with lowest priority lien and proceed to the highest. If a lien has been avoided, it should not be included in (B). Add (A) plus (B) plus (C) and then subtract (D) to determine (E) Extent of Impairment. If (E) is equal to or greater than (A), the entire lien is avoided and the amount of (F) Secured Claim will be $0.

If (E) is less than (A), only the amount in (E) is avoidable. The difference between (A) and (E) is the amount of (F) Secured Claim. Name of Creditor (B) (A) Amount Total of All Amount of of Lien Other Liens Exemption (C) (D) Value of Property (E) Extent of Impairment Claim (F) Secured Interest Monthly Payment Rate Enter Information Further identify below each judicial lien by property address and recordation information, and list the collateral covered by each nonpossessory, nonpurchase money security interest. Enter Information

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