This topic contains a solution. Click here to go to the answer

Author Question: The ________ is an injunction against the debtor's creditors and claimants and requires no court ... (Read 48 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
The ________ is an injunction against the debtor's creditors and claimants and requires no court action on the part of the debtor other than actually filing the petition.
 
  Fill in the blank(s) with correct word

Question 2

Creditors do not benefit from the Automatic Stay because it freezes the assets of the bankruptcy estate and prevents the debtor's property from being fairly divided among its creditors.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Hikerman221

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

Automatic Stay

Answer to Question 2

FALSE




nmorano1

  • Member
  • Posts: 598
Reply 2 on: Aug 3, 2018
Gracias!


helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library