Social Studies, 11.02.2020 05:28 markmeinberg

With all forms of bankruptcy, the debtor has an automatic stay, which provides immediate protection from any further action by creditors. A. True B. False

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Answer from: Janderson6422

The answer is "Option A"

Explanation:

Bankruptcy is a civil action including a person or company, that can not redeem existing debts. It is a process, that begins with such a debtor's motion.

It is most popular, and therefore less prevalent on part of investors. It helps companies and consumers to recover or wipe off debt in federal district court via a judicial process, that's why the given statement is true.

Answer from: Quest

i do believe that the correct answer is (technical reasoning); luck

explanation:

Answer from: Quest

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With all forms of bankruptcy, the debtor has an automatic stay, which provides immediate protection...

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