West Virginia Order Confirming Termination of The Automatic Stay As to Personal Property Collateral for Failure to File A Statement is a document issued by the court in West Virginia that confirms the termination of the automatic stay of a debtor’s personal property collateral for failure to file a statement. This document is also called a “Motion to Terminate the Automatic Stay”. The court must issue this Order when a debtor has failed to file a statement of their personal property collateral within the required time frame. This Order is used by creditors to enforce their rights to seize the debtor’s personal property collateral if they are not able to reach an agreement with the debtor. There are two types of West Virginia Order Confirming Termination of The Automatic Stay As to Personal Property Collateral for Failure to File A Statement. The first type is an Order for Termination of the Automatic Stay as to Property Collateral for Failure to File Statement. This type of Order is issued when a debtor has not filed a statement of their personal property collateral within the required time period, but the creditor is still able to reach an agreement with the debtor. The second type is an Order for Termination of the Automatic Stay as to Property Collateral for Failure to File Statement and for Immediate Seizure of Property. This type of Order is issued when a debtor has failed to file a statement of their personal property collateral within the required time period, and the creditor is unable to reach an agreement with the debtor.
West Virginia Order Confirming Termination of The Automatic Stay As to Personal Property Collateral for Failure to File A Statement
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