New York Order Granting In Rem Relief From The Automatic Stay And Dismissing Case is a court order issued by a New York court to terminate the automatic stay and dismiss a bankruptcy case. The automatic stay is an injunction that prevents creditors from taking action against a debtor while the bankruptcy case is pending. The relief from the automatic stay allows creditors to take action against the debtor's property, such as foreclosing on a home or repossessing a car. The dismissal of the bankruptcy case terminates the bankruptcy process and allows creditors to pursue their claims against the debtor. There are two types of New York Order Granting In Rem Relief From The Automatic Stay And Dismissing Case: a motion to grant relief from the stay and dismiss the case, and an order granting relief from the stay and dismissing the case.
New York Order Granting In Rem Relief From The Automatic Stay And Dismissing Case is a court order issued by a New York court to terminate the automatic stay and dismiss a bankruptcy case. The automatic stay is an injunction that prevents creditors from taking action against a debtor while the bankruptcy case is pending. The relief from the automatic stay allows creditors to take action against the debtor's property, such as foreclosing on a home or repossessing a car. The dismissal of the bankruptcy case terminates the bankruptcy process and allows creditors to pursue their claims against the debtor. There are two types of New York Order Granting In Rem Relief From The Automatic Stay And Dismissing Case: a motion to grant relief from the stay and dismiss the case, and an order granting relief from the stay and dismissing the case.
