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Imagine you are a creditor, and you just received a Notice of Chapter 7 Bankruptcy Filing referencing someone who owes you money. Discuss the actions
Imagine you are a creditor, and you just received a Notice of Chapter 7 Bankruptcy Filing referencing someone who owes you money. Discuss the actions you can take to protect your interests and, more importantly, what things you cannot do and why. Explain the analysis needed to determine your rights under the Bankruptcy Code. Also, reference the impact of the Automatic Stay in your response.
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