If you're researching the term automatic stay, you are probably thinking about declaring bankruptcy. But on a positive note, an automatic stay gives people in a bankruptcy a lot of relief from debt ...
Of all the provisions of the Bankruptcy Code, Section 362 pertaining to the automatic stay appears more straightforward than most. In spite of the apparent simplicity of the statutory language, ...
In a recent U.S. Court of Appeals for the Eleventh Circuit case (In re Patel (Case No. 23-12847, 11th Cir. Jul. 8, 2025)), the court considered whether a bankruptcy court had the authority to ...
Carlos J. Cuevas[/caption] When a debtor files a bankruptcy case the automatic stay arises immediately. 11 U.S.C. §362(a); Rexnord Holdings v. Bidermann, 21 F.3d 522, 527 (2d Cir. 1994). The U.S.
Brettco is now in its bankruptcy. The first-day motions are out of the way. Brettco can pay its employees the money that was owed before it filed and can pay its bills for the next two weeks, until ...
An automatic stay prevents creditors from taking action to collect on certain debts when you file for bankruptcy. Automatic stays can offer some protection against eviction, foreclosure, repossession ...