One of the most important protections offered by filing for bankruptcy is the automatic stay, which serves as a shield against many debt collection efforts. An automatic stay provides temporary relief ...
In net asset value (NAV) facilities, the borrowing capacity typically adjusts to reflect changes to the value of the underlying investment portfolio, and borrowers face the risk of potential borrowing ...
In a recent U.S. Court of Appeals for the Eleventh Circuit case (In re Patel (Case No. 23-12847, 11th Cir. Jul. 8, 2025)), the court considered whether a bankruptcy court had the authority to ...
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Does Filing for Bankruptcy Stop an Eviction?
Can Bankruptcy Halt an Eviction? While the straight answer to this question is 'yes,' it's important to understand that this only provides temporary relief. Filing for bankruptcy can temporarily stop ...
It is generally well understood that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy case as a "main" proceeding under chapter 15 of the Bankruptcy Code triggers the ...
Former New York City mayor Rudy Giuliani on Friday asked the judge presiding over his Chapter 11 bankruptcy case to lift the automatic stay so that Giuliani can pursue post-judgment motions in a ...
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What is an automatic stay in bankruptcy?
An automatic stay prevents creditors from taking action to collect on certain debts when you file for bankruptcy. Automatic stays can offer some protection against eviction, foreclosure, repossession ...
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