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Relief from Automatic Stay United States Bankruptcy Court Form

Relief from Automatic Stay United States Bankruptcy Court Form

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Instructions and help about Relief From Automatic Stay United States Bankruptcy Court

hi wes scott from kanan scott today we're going to talk about what should you do if you receive a motion for relief in bankruptcy uh the first thing we don't want you to do is panic um we want you to reach out to your attorney a motion for relief from the automatic stay in english is simply a creditor asking the court to remove the shield that protects some sort of collateral they have a house car you know whatever it is secured to a loan so that they can exercise their rights with respect to that collateral you know they want to repossess it they want to foreclose on it they want to auction it off and just because they filed a motion for relief doesn't asking the court to lift the stay the protection does not mean the court's going to do it reach out to your attorney is the first thing you should do and whatever you do make sure you hire the most experienced and the nicest bankruptcy law firm in minnesota when the time is right when you're ready

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