A number of legal issues are not stayed by a bankruptcy filing:
A creditor may file a petition with the court to remove the stay in the “interests of justice.” For example, a real estate lender may seek to lift the stay to allow a foreclosure proceeding to move forward if it can be shown that the property value is likely to decline substantially before the bankruptcy is completed. Also, a landlord may ask the court to allow an eviction proceeding to continue, provided the eviction was initiated before the bankruptcy petition was filed.
At the office of Howard N. Sobel, we work closely with people who have questions or concerns or are considering filing a bankruptcy petition. Contact our office online or call us at 856-424-6400 to see if you qualify for a free initial consultation (on selected cases). Evening and weekend appointments can be arranged upon request. We accept all major credit cards.
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