Rule 6010 Federal Rules of Bankruptcy Procedure

Rule 6010 of the Federal Rules of Bankruptcy Procedure is about Avoiding an Indemnifying Lien or a Transfer to a Surety. It is under Part VI (Collection and Liquidation of the Estate) of the Rules.

This rule applies if a lien voidable under § 547 has been dissolved by furnishing a bond or other obligation, and the surety has been indemnified by the transfer of or creation of a lien on the debtor’s nonexempt property. The surety must be joined as a defendant in any proceeding to avoid that transfer or lien. Part VII governs the proceeding.