
Cengage Advantage Books: Business Law Today, The Essentials 11th Edition by Roger LeRoy Miller
Edition 11ISBN: 978-1305574793
Cengage Advantage Books: Business Law Today, The Essentials 11th Edition by Roger LeRoy Miller
Edition 11ISBN: 978-1305574793 Exercise 3
Business Case Problem with Sample Answer-Automatic Stay. Michelle Gholston leased a Chevy Impala from EZ Auto Van Rentals. In November 2011, Gholston filed for bankruptcy. Around November 21, the bankruptcy court notified EZ Auto of Gholston's bankruptcy and the imposition of an automatic stay. Nevertheless, because Gholston had fallen behind on her payments, EZ Auto repossessed the vehicle on November 28. Gholston's attorney then reminded EZ Auto about the automatic stay, but the company failed to return the car. As a result of the car's repossession, Gholston suffered damages that included emotional distress, lost wages, attorneys' fees, and car rental expenses. Can Gholston recover from EZ Auto Why or why not [ In re Gholston, 2012 WL 639288 (M.D.Fla. 2012)] (See Chapter 7-Liquidation.)
-For a sample answer to Problem 22-4, go to Appendix F at the end of this text.
-For a sample answer to Problem 22-4, go to Appendix F at the end of this text.
Explanation
Automatic stay: At the time petition fil...
Cengage Advantage Books: Business Law Today, The Essentials 11th Edition by Roger LeRoy Miller
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