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When a bankruptcy petition is filed, there is an automatic stay. Select all of the following that are prohibited during the automatic stay. Question 8
When a bankruptcy petition is filed, there is an automatic stay. Select all of the following that are prohibited during the automatic stay.
Question options:
Entering into contracts with the debtor
Converting the bankruptcy from Chapter to Chapter
Converting the bankruptcy from Chapter to Chapter
Extending additional credit to the debtor
Filing lawsuits against the debtor
Creating or perfecting liens against the debtor or the debtor's property
Actions to setoff debts
Foreclosures or other actions to take the debtor's property
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