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Automatic Stay

Definition

A Bankruptcy Code provision that immediately stops creditors from trying to collect what you owe them. Yes, immediately – the moment your bankruptcy case is filed.


Learn more about "Automatic Stay"


A creditor can file a Motion for Relief from the Automatic Stay asking the court for permission to move forward with a collection action. These motions are most often filed if the debtor is behind on a secured debt and the creditor wants to repossess the collateral.

Y-Combinator

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To learn more, read why we started Upsolve in 2016, our reviews from past users, and our press coverage from places like the New York Times and Wall Street Journal.