Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

automatic suspension

Read a random definition: exigenter

A quick definition of automatic suspension:

Automatic Suspension: When someone files for bankruptcy, an automatic suspension or stay is put in place. This means that all attempts to collect money from the person who filed for bankruptcy must stop until the court decides how to handle the debts. The purpose of the automatic suspension is to give the court time to figure out how to fairly distribute the person's assets to their creditors without any interference from them.

A more thorough explanation:

Definition: Automatic suspension is a legal term that refers to the automatic stay under STAY. It is a postponement or halting of a proceeding, judgment, or the like. An order to suspend all or part of a judicial proceeding or a judgment resulting from that proceeding.

Example: In bankruptcy cases, an automatic stay is put in place upon the filing of the bankruptcy petition. This means that all actions against the debtor should be halted pending the determination of creditors' rights and the orderly administration of the debtor's assets free from creditor interference.

Explanation: The example illustrates how an automatic suspension works in bankruptcy cases. It is a legal mechanism that protects the debtor from any collection efforts by creditors while the bankruptcy case is ongoing. This allows for a fair and orderly process of determining the debtor's assets and liabilities, and how they will be distributed among the creditors.

Related Term: Stay-Away Order is another legal term that refers to an order forbidding the defendant to contact the victim in a domestic-violence case or prohibiting a youthful offender from frequenting the scene of the offense or from being in the company of certain persons in a juvenile-delinquency case.

automatic perfection | automatic-transfer statute

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
RoaldDahl
16:05
dodged the mich r wave what does this mean
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
LSD+ is ad-free, with DMs, discounts, case briefs & more.