Omaha Nebraska Motion to Extend Automatic Stay and Notice of Motion

State:
Multi-State
City:
Omaha
Control #:
US-03255BG
Format:
Word; 
Rich Text
Instant download

Description

After the filing of a bankruptcy petition, the debtor needs protection from the collection efforts of its creditors. Therefore, the bankruptcy law provides that the filing of either a voluntary or involuntary petition operates as an automatic stay which prevents creditors from taking action against the debtor. This is similar to an injunction against the creditors of the debtor. The automatic stay ends when the bankruptcy case is closed or dismissed or when the debtor is granted a discharge. Anyone who willfully violates the stay in the case of an individual debtor can be liable for actual damages caused by the violation and sometimes liable for punitive damages.

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FAQ

Omaha Is the Steak Capital of Nebraska The state of Nebraska is known for its beef, and is even nicknamed the "Beef State." Omaha is Nebraska's steak capital, as it's home to one of the country's largest producers of beef, Omaha Steaks.

Prostitution was a major component of the city's flourishing vice industry during the late 1800s and early 1900s, when Omaha was known as a ?dirty wicked town.? Today's Wilson and Washburn Bar downtown is named for its two leading madams.

Omaha is Nebraska's biggest city and a regional manufacturing, transportation, trade, and service hub. From the 1890s through the mid-20th century Omaha emerged as one of the top livestock markets in the world and a leader in the meat-processing industry.

Presently, Omaha is the home to the headquarters of four Fortune 500 companies: conglomerate Berkshire Hathaway; one of the world's largest construction companies, Kiewit Corporation; insurance and financial firm Mutual of Omaha; and the United States' largest railroad operator, Union Pacific Corporation.

Steak. Omaha is known around the country as one of the best sources for steak. This is mostly due to the fact that beef is Nebraska's single largest industry, and Omaha has been the country's meatpacking center since the 1950s.

The cost of living in Omaha, NE is 3% higher than the state average and 7% lower than the national average. Omaha, NE housing is 15% cheaper than the U.S average, while utilities are about 5% less pricey.

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Omaha Nebraska Motion to Extend Automatic Stay and Notice of Motion