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New Mexico Default Order Granting Relief from Stay (Personal Property)

State:
New Mexico
Control #:
NM-SKU-0050
Format:
Word
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Description

Default Order Granting Relief from Stay (Personal Property) New Mexico Default Order Granting Relief from Stay (Personal Property) is a court order issued by a judge that allows a creditor to take possession of a debtor’s personal property, such as furniture, appliances, and other household items. This order grants the creditor relief from the automatic stay imposed on the debtor’s property when a bankruptcy case is filed. The New Mexico Default Order Granting Relief from Stay (Personal Property) is used when a debtor fails to appear in court or does not respond to a creditor’s motion for relief from stay. The order can be requested either in an adversary proceeding or at a hearing on the creditor’s motion. The order allows the creditor to take possession of the debtor’s personal property, without the need for a sheriff’s sale. There are two types of New Mexico Default Order Granting Relief from Stay (Personal Property): Adversary Proceeding Relief from Stay and Motion for Relief from Stay. The Adversary Proceeding Relief from Stay is requested by a creditor in an adversary proceeding, while the Motion for Relief from Stay is requested by a creditor at a hearing on the creditor’s motion. In either case, the court will consider factors such as the debtor’s ability to pay, the length of time the debtor has been in possession of the property, and any other relevant information before issuing the order.

New Mexico Default Order Granting Relief from Stay (Personal Property) is a court order issued by a judge that allows a creditor to take possession of a debtor’s personal property, such as furniture, appliances, and other household items. This order grants the creditor relief from the automatic stay imposed on the debtor’s property when a bankruptcy case is filed. The New Mexico Default Order Granting Relief from Stay (Personal Property) is used when a debtor fails to appear in court or does not respond to a creditor’s motion for relief from stay. The order can be requested either in an adversary proceeding or at a hearing on the creditor’s motion. The order allows the creditor to take possession of the debtor’s personal property, without the need for a sheriff’s sale. There are two types of New Mexico Default Order Granting Relief from Stay (Personal Property): Adversary Proceeding Relief from Stay and Motion for Relief from Stay. The Adversary Proceeding Relief from Stay is requested by a creditor in an adversary proceeding, while the Motion for Relief from Stay is requested by a creditor at a hearing on the creditor’s motion. In either case, the court will consider factors such as the debtor’s ability to pay, the length of time the debtor has been in possession of the property, and any other relevant information before issuing the order.

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New Mexico Default Order Granting Relief from Stay (Personal Property)