Author Question: Kathleen filed for voluntary bankruptcy and the automatic stay went into effect. The automatic stay ... (Read 209 times)

EAugust · **on:** Jun 24, 2018

Kathleen filed for voluntary bankruptcy and the automatic stay went into effect. The automatic stay
A)acts to automatically discharge Kathleen's debts.
B)prohibits creditors from collecting debts against Kathleen that arose before she filed bankruptcy.
C)stops only secured creditors from taking any act to collect, assess, or recover a claim against Kathleen that arose before she filed bankruptcy.
D)stops creditors from trying to collect from Kathleen, but it does not stop them from filing lawsuits against her.

Question 2

A consignee can prove a shortage by showing that the quantity of the cargo unloaded at the destination is less than that listed on the bill of lading.
Indicate whether the statement is true or false