Meaning Automatic stay
What does Automatic stay mean? Here you find 9 meanings of the word Automatic stay. You can also add a definition of Automatic stay yourself

1

0 Thumbs up   0 Thumbs down

Automatic stay


An injunction that automatically stops lawsuits, foreclosures, garnishments, and most collection activities against the debtor the moment a bankruptcy petition is filed.
Source: uscourts.gov

2

0 Thumbs up   0 Thumbs down

Automatic stay


The restricting of liability holders from collection efforts related to collateral seizure. Automatically imposed when a firm files for bankruptcy under Chapter 11.
Source: nasdaq.com

3

0 Thumbs up   0 Thumbs down

Automatic stay


An injunction that goes into effect automatically when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making wr [..]
Source: nolo.com

4

0 Thumbs up   0 Thumbs down

Automatic stay


a stay that comes into operation upon the filing of a bankruptcy petition in accordance with bankruptcy law that prevents creditors from attempting to collect from the debtor for debts incurred ...
Source: dictionary.findlaw.com

5

0 Thumbs up   0 Thumbs down

Automatic stay


A restriction on creditors from continuing collection efforts by seizing collateral. It is automatically in force when a Chapter 11 bankruptcy is filed.
Source: pfhub.com

6

0 Thumbs up   0 Thumbs down

Automatic stay


Automatic stay is an injunction granted by a court in a bankruptcy proceeding. According to 11 USCS § 362a petition filed under section 301, 302, or 303 of this title [11 USCS § 301, 302, or 303], or [..]
Source: definitions.uslegal.com

7

0 Thumbs up   0 Thumbs down

Automatic stay


An injunction that automatically stops lawsuits, foreclosure, garnishments, and most collection activity against the debtor the moment a bankruptcy petition is filed.
Source: oregonlaws.org

8

0 Thumbs up   0 Thumbs down

Automatic stay


Under US bankruptcy law a stay of proceedings by creditors goes …
Source: ipglossary.com

9

0 Thumbs up   0 Thumbs down

Automatic stay


The restricting of liability holders from collection efforts related to collateral seizure. Automatically imposed when a firm files for bankruptcy under Chapter 11.
Source: people.duke.edu





<< Bankruptcy administrator Article III judge >>

Dictionary.university is a dictionary written by people like you and me.
Please help and add a word. All sort of words are welcome!

Add meaning