Motion to impose stay

State:
Multi-State
Control #:
US-BK-0006
Format:
Word
Instant download

Description

Motion to impose stay

A Motion to Impose Stay is a legal motion that is made by a party in a case to suspend or delay the proceedings or execution of a court order. This motion is usually used in civil cases, and its purpose is to protect the interests of the party that is making the motion. The motion is typically used when one party has a legal right to enforce a court order, but wants to delay that enforcement in order to give the other party an opportunity to comply with the court order. Different types of Motion to Impose Stay include a Motion to Stay Execution of Judgment, a Motion to Stay Enforcement of Judgment, and a Motion to Stay Proceedings. A Motion to Stay Execution of Judgment is a request to delay the execution of a court order, such as an order requiring the payment of money or the return of property. A Motion to Stay Enforcement of Judgment is a request to delay the enforcement of a court order, such as an order requiring the payment of a debt or the execution of a contract. A Motion to Stay Proceedings is a request to delay the proceedings of a case.

Definition and meaning

A motion to impose stay is a legal request made to a court to halt or delay proceedings in a case. This motion is commonly used in bankruptcy cases to prevent creditors from taking action against a debtor while the debtor seeks relief through bankruptcy. A stay essentially provides the debtor with a temporary reprieve from financial obligations, allowing them time to reorganize their finances or address their legal situation without the threat of lawsuits or collections.

Who should use this form

This form is particularly useful for individuals or entities who have recently filed for bankruptcy and have experienced prior bankruptcy cases. If you are facing multiple dismissed cases and wish to request a stay from creditors, this form will help outline your case to the court. It is designed for debtors who want to pause ongoing legal actions while they manage their debt situation and work towards financial stability.

Key components of the form

The motion to impose stay includes several essential elements:

  • Case Information: Details about the current case, including the case number and chapter of bankruptcy.
  • Previous Cases: A section to report any prior cases filed and their dismissal reasons.
  • Specific Creditors: A choice to request a stay against all creditors or specific ones.
  • Good Faith Argument: A statement providing evidence that the current case is filed in good faith, aiming to counter any presumptions otherwise.
  • Verification: A section for signatures confirming the truthfulness of the information provided.

Common mistakes to avoid when using this form

A few common errors can undermine the effectiveness of your motion to impose stay:

  • Incomplete Case History: Ensure all previous cases and their reasons for dismissal are thoroughly documented.
  • Failure to Show Good Faith: Provide clear and convincing evidence to support your claim that the current filing is made in good faith.
  • Missing Signatures: Verify that all required parties have signed the form before submission.
  • Neglecting to Specify Creditors: Clearly state which creditors you want the stay to apply to, or indicate all creditors if that is your intention.

What documents you may need alongside this one

When filing a motion to impose stay, you may need to provide additional documentation to support your motion:

  • Bankruptcy Petition: The formal filing that initiated your bankruptcy case.
  • Previous Case Filings: Documentation regarding prior bankruptcy cases you filed.
  • Evidence of Good Faith: Any documents that substantiate your reasons for claiming the current case is in good faith.
  • Financial Statements: Updated financial information may be requested to evaluate your current situation.

Benefits of using this form online

Utilizing the motion to impose stay form online offers several advantages:

  • Accessibility: Easily access the form from anywhere, allowing for quick preparation.
  • Guidance: Online resources often provide step-by-step instructions to assist in completing the form accurately.
  • Immediate Download: Gain instant access to a downloadable version that can be filled out at your convenience.
  • Cost-Effective: Many online legal form providers offer competitive pricing or free resources.
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FAQ

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. Bankruptcy Code Section 362 discusses the Automatic Stay.

The stay requires creditors to cease actions against the debtor and the debtor's property as described in 11 U.S.C. § 362(a). The stay continues until either the case is dismissed or closed or, in an individual case, until the granting or denial of discharge.

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.

The most common reason for a creditor to make a motion for relief from the automatic stay is that the debtor has filed Chapter 7 Bankruptcy or Chapter 13 Bankruptcy and does not want to use the bankruptcy to keep their house or car.

This Standard Clause for use in a forbearance or restructuring agreement provides for a defaulting borrower to waive its right to assert the automatic stay against a lender if it later files for bankruptcy. This Standard Clause has integrated notes with important explanations and drafting tips.

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.

Notice of Stay of Proceedings (CM-180) Tells the court and the other side that a cause is paused (stayed) because another court case, such as bankruptcy, requires the pause.

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Motion to impose stay