Section 5.58 Scope and Effect of Relief and the Ten-Day Stay Period Following Relief

LibraryBankruptcy Practice (2007 Ed. + 2015 Cum Supp)

E. (§5.58) Scope and Effect of Relief and the Ten-Day Stay Period Following Relief

In ruling on the motion for relief, the court may terminate, annul, modify, or condition the stay. An annulment serves to provide retroactive relief from the automatic stay and permits an act that would have otherwise been in violation of the stay. In re Major,
218 B.R. 501 (Bankr. W.D. Mo. 1998).

Federal Rule of Bankruptcy Procedure 4001(a)(3) states that an order granting relief from the stay is stayed for ten days...

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