Examlex
Select the true statement from the choices given.
Order Of Relief
An order from a bankruptcy court that temporarily or permanently relieves the debtor from certain debts or legal action by creditors.
Bankruptcy Can Continue
The process by which a debtor's assets are managed and liabilities are discharged under the bankruptcy code can proceed, despite certain obstacles or challenges.
Automatic Stay
a legal provision that temporarily halts lawsuits, foreclosures, garnishments, and all collection activities against a debtor the moment a bankruptcy petition is filed.
Order Of Relief
A court order in the context of bankruptcy proceedings that temporarily halts actions by creditors against the debtor.
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