Alaska Motion for Relief From Stay is a motion that is filed in an Alaska bankruptcy court in order to obtain permission to proceed with a foreclosure or other action against a debtor’s property while the bankruptcy case is still pending. The motion permits the creditor to proceed with a foreclosure, repossession, or other action that would otherwise be stayed under the automatic stay provisions of the Bankruptcy Code. The motion must be supported by sufficient evidence to show that the creditor has a valid interest in the property and that the action is necessary to protect the creditor’s interest. Types of Alaska Motion for Relief From Stay include: Motion for Relief from Stay of Foreclosure, Motion for Relief from Stay of Repossession, Motion for Relief from Stay of Bankruptcy, and Motion for Relief from Stay of Tax Lien.
Alaska Motion for Relief From Stay
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Motion for Relief From Stay
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What is a Motion for Relief From Stay? A motion for relief from automatic stay, also known as a stay relief motion, is something a creditor requests from the bankruptcy court.Granting relief from the automatic stay as to Debtor and Debtor's bankruptcy estate on the grounds set forth in the attached Motion. A motion for relief from the automatic stay is a creditor's way of asking the court for permission to eg. Foreclose on a house or repossess a car. A Motion for Relief from Automatic Stay is a process where a creditor requests from the court to continue the foreclosure or repossession process. In the alternative, the United States seeks relief from the automatic stay for cause to allow the ongoing litigation to proceed without delay to judgment. Debtor filed his Chapter 11 bankruptcy petition on January 4, 2016. Motions for relief from stay, also known as motions to lift stay, are requests from a secured creditor (e.g. § 362(a) must be titled "Motion for.