If relief from automatic stay has been lifted against you, the creditor may now proceed to collect the debt.
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automatic stay means the unsecured creditors can not come after you for payment and your home is protected. releif from stay means your creditors can ask for payment and your hme is not protected.
an agency that reliefs
Automatic stay prevents creditors from taking any action to collect on debts.
an agency that reliefs
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When you file for bankruptcy, the stay is automatically issued. That's why it's called and automatic stay. You needn't do anything.
The automatic stay is more a term of art. If a case has truly been dismissed and you can verify this online, then the automatic stay was also terminated at that time. Nothing needs to be filed or done on your part. Verify that it was dismissed though.
The automatic stay is a provision under the U.S. Bankruptcy Code prohibiting creditors from beginning or continuing proceedings for collecting owed amounts from a company or individual who files for bankruptcy. It is a court order and a creditor who violates the automatic stay could be held liable for fines, damages and attorney fees.
no, the stay is created when you file BK and ends when the BK is discharged.
19-21 March 2010
If the automatic stay is lifted and no foreclosure has been filed, one just needs filed as normal. If the foreclosure was already filed and the automatic stay was lifted, the creditor simply informs the Court with the foreclosure that the stay was lifted and the case will resume. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.