A creditor who knowingly violates the automatic stay may be held liable for actual damages caused by the violation, attorney’s fees, court costs and for punitive damages. Creditor actions taken after the stay is in place are generally void or voidable.
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Bankruptcy Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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