Bankruptcy Law

What is Rule 4001a?

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2005-12-11 05:16:10
2005-12-11 05:16:10

You are referring to Rule 4001 of the Federal Rules of Bankruptcy Procedures. Rule 4001 sets forth some of procedural requirements for a motion for relief from stay. When you file bankruptcy, the automatic stay prohibits creditors from taking action to collect the debt without court permission. Sometimes a creditor might move for relief from stay to repossess collateral if you aren't making the payments.

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