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West Virginia Motion to Confirm Termination of The Automatic Stay As to Personal Property Collateral for Failure to File A Statement

State:
West Virginia
Control #:
WV-SKU-0010
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Motion to Confirm Termination of The Automatic Stay As to Personal Property Collateral for Failure to File A Statement
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.

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FAQ

The automatic stay is one of the fundamental debtor protections provided by the bankruptcy laws. It gives the debtor a breathing spell from his creditors. It stops all collection efforts, all harassment, and all foreclosure actions.

Automatic Stay -- Immediately after a bankruptcy case is filed, an injunction (called the "Automatic Stay") is generally imposed against certain creditors who want to start or continue taking action against a debtor or the debtor's property.

However, it doesn't apply to all debts, nor does it absolve the co-debtor from any liabilities. One of the most beneficial features of any bankruptcy filing is the automatic stay. The automatic stay acts as a bankruptcy restraining order against creditors and prohibits almost all creditor actions to collect on a debt.

Civil cases involving family or domestic issues - Most family court proceedings cannot be halted by the automatic stay, including child custody and paternity cases, as well as divorce cases addressing issues other than the division of marital property.

Now the Bankruptcy Code provides that the automatic stay is terminated if a debtor fails to (1) file a timely statement of intention with the bankruptcy court to reaffirm, redeem, or surrender property, AND (2) take timely action to perform the stated intention.

Motion for Relief from the Automatic Stay is a request by a creditor to allow the creditor to take action against the debtor or the debtor's property that would otherwise be prohibited by the automatic stay.

What are the exceptions to the automatic stay under 11 U.S.C § 362? Establishing paternity; Establishing or modifying domestic support obligations, including child support and alimony; Child custody or visitation matters; Divorce proceedings; Domestic violence matters.

More info

Motion To Confirm Termination Of The Automatic Stay As To Personal Property Collateral For Failure To File A Statement Form. Order Confirming Termination Of The Automatic Stay As To Personal Property Collateral For Failure To File A Statement Form.The automatic stay requires creditors to cease actions against the debtor and the debtor's property as described in 11 U.S.C. § 362(a). Motion To Confirm Termination Of The Automatic Stay As To Personal Property Collateral For Failure To File A Statement. The automatic stay only applies to prepetition events and does not bar suit against the debtor based on a cause of action arising postpetition. As its name suggests, the automatic stay prevents any further collection activity after the petition is filed. This rule does not apply to an attorney who has made a general appearance in a case. Items 1 - 7 — 202. 8-g Motions for Summary Judgment; Statements of Material Facts. A Termination Statement is a Financing.

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West Virginia Motion to Confirm Termination of The Automatic Stay As to Personal Property Collateral for Failure to File A Statement