Chapter 11 Tips for Creditors - Automatic Stay

The automatic stay is a key element in any Chapter 11 Bankruptcy case, which generally stays creditors from enforcing typical remedies upon the commence of a bankruptcy case. As such, a creditor must understand the implications of the automatic stay and how to modify the automatic stay to continue enforcement and pre-petition remedies.    

Bankruptcy attorneys representing creditors must understand the automatic stay process to make sure their clients are protected and can enforce the pre-petition rights. This program will assist creditors' counsel by emphasizing fundamental concepts essential to representing their clients in connection with the automatic stay.

The program will provide a summary of automatic stay process from a creditor's perspective with practical illustrations.

Learning Objectives:

1. Review the purpose of the automatic stay

2. Understand acts prohibited by the automatic stay and exceptions to the automatic stay

3. Explore how the stay is enforced

4. Learn the grounds to modify the stay