Cause to Lift or Float
Cause to lift or float crossword clue. 8 letters. Daily Telegraph NSW newspaper big puzzle question found on Monday, 25 September 2017.
The solver: LEVITATE
Cause to lift or float crossword clue example
The court considered the debtor’s arguments that creditors could not seek to lift the automatic stay unless they filed proofs of claim. The Seventh Circuit summarily disposed of the argument, holding that a “secured creditor can bypass his debtor’s bankruptcy proceeding and enforce his lien in the usual way, which would normally be by bringing a foreclosure action in a state court. This is the principle that liens pass through the bankruptcy unaffected.” The court therefore denied the debtor’s objections, finding that no proofs of claim were required, and that there was cause to lift or float the automatic stay.