By Doing Nothing, Does a Creditor Violate the Automatic Stay in Bankruptcy?

Automatic-Stay-ruling-in-the-courts

Under Section 362 of the U.S. Bankruptcy Code, an automatic stay prevents creditors from collecting debts from a debtor. An automatic stay halts all actions, including repossessions, foreclosures, and phone calls, and is enforced by the bankruptcy court. Once collection actions are halted by the court, whether a creditor does nothing and still violates the […]