Supreme Court: Creditor retention of vehicle after bankruptcy filing does not violate automatic stay
Thursday, June 17th, 2021The “automatic stay” is imposed when someone files a bankruptcy case. Sec. 362(a)(3) prohibits “any act to obtain possession of property of the estate or of property from the estate or to exercise control over property of the estate.” [Emphasis added.] If the person filing bankruptcy owns a vehicle on the date of the bankruptcy […]