Add Yahoo as a preferred source to see more of our stories on Google. If you're researching the term automatic stay, you are probably thinking about declaring bankruptcy. But on a positive note, an ...

The automatic stay is a procedural tool in a bankruptcy case that effectively halts efforts by creditors to collect on a debtor’s outstanding obligations. As discussed in more detail in our prior post ...

The U.S. Bankruptcy Code (the “Code”) § 11 U.S.C. § 362(a)(1) provides that when a party files for bankruptcy, an automatic stay is triggered. However, it turns out that there are limitations to the ...

Kenneth A. Listwak, left, and Francis J. Lawall, right, of Troutman Pepper Hamilton Sanders. The automatic stay is arguably the most important protection the Bankruptcy Code provides a debtor.

In City of Chicago v. Fulton, the U.S. Supreme Court is poised to rule on whether a creditor must, under the automatic stay provision of the Bankruptcy Code, affirmatively return property to a debtor ...

Brettco is now in its bankruptcy. The first-day motions are out of the way. Brettco can pay its employees the money that was owed before it filed and can pay its bills for the next two weeks, until ...

An automatic stay prevents creditors from taking action to collect on certain debts when you file for bankruptcy. Automatic stays can offer some protection against eviction, foreclosure, repossession ...

If you're researching the term automatic stay, you are probably thinking about declaring bankruptcy. But on a positive note, an automatic stay gives people in a bankruptcy a lot of relief from debt ...