motion to lift the stay

motion to lift the stay. Bankruptcy. A party’s request that the bankruptcy court alter the automatic bankruptcy stay to allow the movant to act against the debtor or the debtor’s property, as when a creditor seeks permission to foreclose on a lien because its security interest is not adequately protected. — Also termed motion for relief from stay; motion to modify the stay. [Cases: Bankruptcy 2435. C.J.S. Bankruptcy § 89.]

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词条贡献者

译者筠怡，毕业于法国顶尖的高级翻译学院，擅长翻译各种与产品责任与集体侵权诉讼相关的法律文件。