One of the most important protections offered by filing for bankruptcy is the automatic stay, which serves as a shield against many debt collection efforts. An automatic stay provides temporary relief ...
A Nov. 14 opinion from the U.S. Bankruptcy Court for the District of Delaware provides a reminder of the potentially severe punishment that a party can suffer as a result of its violation of the ...
Cumulus's Chapter 11 bankruptcy has halted its landmark antitrust lawsuit against Nielsen. With a new board and new owners ...
Sabre Holdings Corp. is asking a judge to modify the so-called automatic stay in American Airlines' bankruptcy so it can pursue counterclaims against the carrier in an antitrust dispute. Sabre said in ...
Shareholder Milos Gvozdenovic and attorney Garry Masterson of Weltman, Weinberg & Reis Co. recently addressed some of the most common questions finance companies have about bankruptcy and vehicle ...
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What is an automatic stay in bankruptcy?
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 ...
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