Order For Administrative Closing Due To Bankruptcy Stay {MC 300}

Form MC 300 - ORDER FOR ADMINISTRATIVE CLOSING DUE TO BANKRUPTCY STAY. This form is used in Michigan when a pending case must be paused because one of the parties has filed for bankruptcy. Under federal bankruptcy law, the filing of a bankruptcy petition creates an automatic stay, which immediately halts most legal proceedings against the debtor. This form allows the court to close the case for administrative purposes while the bankruptcy process is ongoing. The administrative closing is not a dismissal of the case and does not represent a decision on the merits of the claims. Instead, it temporarily removes the case from the court’s active docket without prejudice, meaning the case can be reopened later. Once the bankruptcy stay is lifted or resolved, either party may file a motion to reopen the case and continue proceedings. Approved, SCAO. www.FormsWorkFlow.com