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RESPOND TO CLASSMATE : QUESTION:1. Would the bankruptcy code's provision contained in 11 U.S.C. 362 concerning the automatic stay be applicable here? AN SWER Yes,
RESPOND TO CLASSMATE : QUESTION:1. Would the bankruptcy code's provision contained in 11 U.S.C. 362 concerning the automatic stay be applicable here? AN SWER Yes, the bankruptcy codes provision concerning the automatic stay would be applicable. A debtor filing for bankruptcy causes an automatic stay to go into effect, and this can stop some of the collection actions against the debtor. This would cause Tom Finnegan to not be able to start a civil lawsuit against Julius Talbert when the automatic stay is currently in effect
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