If an automatic stay is in effect in a Chapter 7 proceeding, which of the following statements is NOT accurate?
A) Creditors cannot attempt to repossess property during bankruptcy proceedings.
B) A creditor who received a judgment against a debtor prior to the bankruptcy filing may not act to enforce the judgment.
C) Legal actions to collect child support payments are subject to the stay.
D) The court may exclude secured creditors from the stay if they petition the court to show that they do not have adequate protection under the stay.
E) If the debtor was a debtor in a bankruptcy case that was dismissed within a year of the current bankruptcy case filing, the stay automatically terminates 30 days after the current filing.
Correct Answer:
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