Relief From Stay: Protecting Landlord's Rights In Bankruptcy
For debtors, one of the most useful aspects of filing a bankruptcy petition is the creation of an automatic stay on debt collection efforts. Once the bankruptcy petition is filed, all collection activity must stop. This includes past-due rent and eviction proceedings. The automatic stay is designed to protect debtors, and presents landlords with a significant problem when they are trying to collect rent or evict someone.
Over 60 years of Combined Experience in Bankruptcy
The only way around the automatic stay is by going to court and filing a motion for relief from stay. An experienced bankruptcy attorney may be able to help you gain relief from the automatic stay. If the motion is granted, you then are permitted to continue your efforts to evict a tenant and reclaim possession of your unit.
Our bankruptcy attorneys have 60 years of combined experience working in bankruptcy and have the depth and breadth of experience that can only be obtained by lifetime of practice. We have helped many landlords collect rent from tenants who have filed.
If you need a relief from stay, contact a bankruptcy lawyer at Rosenberg, Musso & Weiner, L.L.P., located in Brooklyn, New York. Call Our Office at (718) 855-6840 or (800) 297-6840 for an initial consultation so you can find out what we can do to protect your interests when a tenant has filed a petition. Or, you can complete our online contact form to give us more information about your individual finances.