Multiple Choice
Kathleen filed for voluntary bankruptcy and the automatic stay went into effect.The automatic stay:
A) acts to automatically discharge Kathleen's debts.
B) stops any and all acts to collect, assess, or recover a claim 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 for bankruptcy.
D) stops creditors from trying to collect from Kathleen, but it does not stop them from filing lawsuits against her.
Correct Answer:
Verified
Correct Answer:
Verified
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