Tolling of Limitations Period for Perfection or Enforcement of Liens Against Debtor in Bankruptcy

  1. Law
  2. Tennessee Code
  3. Property
  4. Recording and Enforcement of Liens
  5. General Provisions
  6. Tolling of Limitations Period for Perfection or Enforcement of Liens Against Debtor in Bankruptcy

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Notwithstanding any other law to the contrary, if due to the filing of a bankruptcy petition under title 11 of the United States Code (11 U.S.C.), a creditor is stayed from filing the necessary documents to create or enforce a lien or security interest against the debtor's property, then any statute of limitations created or established by law for the perfection or enforcement of a lien or security interest shall be tolled until ninety (90) days after any of the following actions occur with respect to the filing of the bankruptcy petition:

  1. The stay is lifted as to the creditor;
  2. The case is discharged; or
  3. The case is dismissed.


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