A West Virginia Motion to Confirm Termination of the Automatic Stay as to Personal Property Collateral for Failure to File a Statement is a motion filed by a creditor to a court asking that the court terminate the automatic stay of a debtor's personal property collateral due to the debtor's failure to file a statement of intention with the court. The motion is typically made when a debtor fails to comply with the terms of the automatic stay, which is a legal protection that temporarily prevents creditors from collecting on a debt. There are two types of West Virginia Motion to Confirm Termination of the Automatic Stay as to Personal Property Collateral for Failure to File a Statement: (1) a motion to confirm termination for failure to file a statement of intention, and (2) a motion to confirm termination for failure to make payments as requested in the statement of intention. In both cases, the court must grant the motion if it finds that the debtor has failed to comply with the terms of the automatic stay.
A West Virginia Motion to Confirm Termination of the Automatic Stay as to Personal Property Collateral for Failure to File a Statement is a motion filed by a creditor to a court asking that the court terminate the automatic stay of a debtor's personal property collateral due to the debtor's failure to file a statement of intention with the court. The motion is typically made when a debtor fails to comply with the terms of the automatic stay, which is a legal protection that temporarily prevents creditors from collecting on a debt. There are two types of West Virginia Motion to Confirm Termination of the Automatic Stay as to Personal Property Collateral for Failure to File a Statement: (1) a motion to confirm termination for failure to file a statement of intention, and (2) a motion to confirm termination for failure to make payments as requested in the statement of intention. In both cases, the court must grant the motion if it finds that the debtor has failed to comply with the terms of the automatic stay.