Automatic stay: The injunction issued automatically upon the filing of a bankruptcy case which prohibits collection actions against the debtor, the debtor’s property or the property of the estate. See Relief from Stay on terminating the injunction.
Posts Tagged ‘bankruptcy case’
What is the Automatic Stay?
Tuesday, December 15th, 2009What is an Bankruptcy Adversary Proceeding?
Sunday, December 13th, 2009Adversary proceeding: A lawsuit filed in the bankruptcy court which is related to the debtor’s bankruptcy case. Examples are complaints to determine the dischargeability of a debt and complaints to determine the extent and validity of liens.