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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.
What else can I help you with?
What is a sentence with in concurrence?
The company finally came to a concurrence with the union on the issue.
How do you file a rebuttal for relief from bankruptcy stay?
You file an objection to the motion for relief.
Can a relief of stay be overturned?
Sure...but with reason
What is a relief from automatic stay?
Relief allows the creditor to continue collection actions/foreclosure/repossession.
What is the point of concurrence of a median?
the centroid
Are banks willing to provide some debt relief so that I am able to stay in my home?
No, the government on the other hand will provide some debt relief so that I am able to stay in my home
Concurrence of 3 altitudes of triangle?
The centroid
What is the word for competition in french?
la concurrence
How do you say competition in French?
"Concours" or "concurrence"
What is financial concurrence?
Financial concurrence means expressing an opinion on the financial expenditure including its implications on the organisatin By CA Parveen Kumar +91-9873998401
Can the creditor continue to collect after a 'Motion For Relief Of Stay' is granted?
Yes.
What does motion for relief relief from stay fee amount 150.00 filed by creditor Iowa law?
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.
