Section 922 - Automatic Stay of Enforcement of Claims Against the Debtor


Title 11 of the United States Code - Bankruptcy
ADJUSTMENT OF DEBTS OF A MUNICIPALITY – CHAPTER 7
Automatic Stay of Enforcement of Claims Against the Debtor - Section 922
11 USCS § 922




(a) A petition filed under this chapter [11 USCS §§ 901 et seq.] operates as a stay, in addition to the stay provided by section 362 of this title [11 USCS § 362], applicable to all entities, of--
   (1) the commencement or continuation, including the issuance or employment of process, of a judicial, administrative, or other action or proceeding against an officer or inhabitant of the debtor that seeks to enforce a claim against the debtor; and
   (2) the enforcement of a lien on or arising out of taxes or assessments owed to the debtor.
 
(b) Subsections (c), (d), (e), (f), and (g) of section 362 of this title [11 USCS § 362(c), (d), (e), (f), and (g)] apply to a stay under subsection (a) of this section the same as such subsections apply to a stay under section 362(a) of this title [11 USCS § 362(a)].
 
(c) If the debtor provides, under section 362, 364, or 922 of this title [11 USCS § 362, 364, or 922], adequate protection of the interest of the holder of a claim secured by a lien on property of the debtor and if, notwithstanding such protection such creditor has a claim arising from the stay of action against such property under section 362 or 922 of this title [11 USCS § 362 or 922] or from the granting of a lien under section 364(d) of this title [11 USCS § 364(d)], then such claim shall be allowable as an administrative expense under section 503(b) of this title [11 USCS § 503(b)].
 
(d) Notwithstanding section 362 of this title [11 USCS § 362] and subsection (a) of this section, a petition filed under this chapter does not operate as a stay of application of pledged special revenues in a manner consistent with section 927 of this title [11 USCS § 927] to payment of indebtedness secured by such revenues.


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