(3) Stay of Order. An order granting a motion for relief from an automatic stay made in accordance with Rule 4001(a)(1) is stayed until the expiration of 10 days after the entry of the order, unless the court orders otherwise. Under rule 4001(a)(3), a bankruptcy judge's order that lifts a stay doesn't go into effect until 10 days after the date of the order. In other words, creditors who petition a bankruptcy court for permission to proceed against a debtor's assets, and are granted the relief sought, are not allowed to proceed until 10 days after the order is entered. This rule is customarily waived by debtors in agreed orders that are submitted to courts in Chapter 11 cases.
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.
4001 = MMMMI
Some countries like Thailand and Indonesia has ruling of auto discharge of a bankruptcy after 3 years.Is there such a rule in Singapore, auto discharge of bankruptcy?If there is, what is the procedure like and for how many years?
No, 4001 is not a multiple of 100.
4001/1000 = 4.001
Refer to "Bankruptcy Rule 4007" I am in the same boat sadly but there is hope!
Most states require a preparer to be an attorney, and some bankruptcy courts have established a rule setting a maximum "no-look" fee for attorneys, meaning an attorney can charge more, but has to get the fee approved by the bankruptcy court.Check your local jurisdiction's bankruptcy court website for such a rule.
Several rules in the bankruptcy court
Several rules in the bankruptcy court
yes
Yes, 3 years after discharge of the Bankruptcy.
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