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单词 Automatic Stay
释义

Automatic Stay
A provision under the U.S. Bankruptcy Code prohibiting creditors from beginning or continuing proceedings for collecting owed amounts from a firm who files for bankruptcy under Chapter 11.

Investopedia Says:
An automatic stay can only be lifted by the bankruptcy judge.

Related Terms:
Bankruptcy
Chapter 11
Creditor

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更新时间:2025/3/10 4:33:14