STAY RELIEF IN BANKRUPTCY
Landlord's and Creditor's Rights
In most cases, when a tenant or a person or a business that owes you money files bankruptcy, Section 362 of the Bankruptcy Code imposes an automatic stay, which prevents creditors and parties in interest, like yourself, from taking any action against the debtor or the debtor's property. However, in certain cases, creditors and landlords may be entitled to relief from the automatic stay in order to pursue non-bankruptcy remedies against the debtor. To obtain such relief, a motion must be filed with the bankruptcy court setting forth the reasons for the requested relief. The Law Office of Melissa Youngman can help you determine whether you are a good candidate for stay relief, and file the necessary motion with the court to do so. Contact us now to explore your options.