Which of the following is a moratorium for almost all creditor litigation against a debtor in a Chapter 7 bankruptcy proceeding?
A)A stop order
B)An automatic stay
C)A temporary injunction
D)A permanent injunction
E)An interlocutory appeal

Question

Quizplus · Accepted Answer

Once a voluntary or involuntary petition is filed,the Bankruptcy Code provides for an automatic stay,or moratorium,for almost all creditor litigation against the debtor.During the stay,creditors cannot bring or continue legal action against the debtor or the debtor's property.

Which of the Following Is a Moratorium for Almost All