A Creditor who can show it needs to act to assure no loss of value in it's secured interest.
If a creditor files a motion for relief from stay in any bankruptcy proceeding, the papers should be served on the debtor's attorney of record.
A concurrence in relief from stay refers to a situation in bankruptcy proceedings where a creditor agrees to or does not oppose another party's request to lift the automatic stay. The automatic stay is a legal provision that halts most collection actions against a debtor upon filing for bankruptcy. When a creditor files a motion for relief from stay, obtaining concurrence from other interested parties can streamline the process and increase the likelihood of the court granting the motion. This cooperation can help facilitate the resolution of disputes among creditors and the debtor.
You file an objection to the motion for relief.
Sure...but with reason
Relief allows the creditor to continue collection actions/foreclosure/repossession.
No, the government on the other hand will provide some debt relief so that I am able to stay in my home
In bankruptcy law, an automatic 'stay' is an order goes into effect when a person files for bankruptcy. It prohibits creditors from taking certain actions against you including foreclosure proceedings. The stay gives the court time to gather all the information it needs to make a fair distribution of bankruptcy assets. The automatic stay can be lifted from certain property by the court so that property can be sold. Lenders frequently request relief from the automatic stay so a foreclosure can proceed. That relief is often granted and property can be sold."Remove from stay" is a way to say that the bankruptcy court has allowed a motion to sell the property at a foreclosure sale.
to stay organized
Yes.
When you filed your bankruptcy, the court issued an automatic stay which prevents any creditor from moving forward with collection efforts. For whatever reason, this particular creditor wants to proceed with collection and it must request the permission of the bankruptcy court by filing the motion for relief from automatic stay.
They can include it, but the creditor/landholder can file a relief of stay to have the debt excluded from being discharged in the bankruptcy. The decision of what debts are to be discharged are determined by state and/or federal law and the bankruptcy judge.
Assuming you mean litigation and not clothing, yes. If you are the plaintiff, the trustee may take the case over from your attorney and the proceeds if any. If you are the defendant, the case stops unless the plaintiff files and gets relief from stay.