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Daily Archives: December 20, 2011

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What are Motions for Relief from Stay?

Asheville Bankruptcy Lawyer, bankruptcy, Chapter 13, Chapter 7By PeteDecember 20, 2011

A motion for relief from stay is a request by a creditor for the Bankruptcy Court to grant permission for them to pursue collection actions such as foreclosures, repossessions, etc.  There are a couple reasons such requests are granted:  failure to make payment, a client has decided to surrender the property in the bankruptcy, or…

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