When a Florida court dismissed Nellie Cortezs voluntary bankruptcy petition, it ordered her not to file another

Question:

When a Florida court dismissed Nellie Cortez’s voluntary bankruptcy petition, it ordered her not to file another petition “under any chapter of the Bankruptcy Code for a period of twelve months.” Two months later, an involuntary bankruptcy petition was filed in California by Cortez’s stepfather, Thomas Bronkovic. The California court dismissed that case, finding that Cortez had colluded with her stepfather and that the case was, in fact, her own “voluntary” petition rather than her stepfather’s “involuntary” petition. While the California case was pending, the FDIC brought suit against Cortez to enforce certain promissory notes. Did FDIC violate the automatic stay provision of the Bankruptcy Code? Why or why not? Federal Deposit Insurance Corporation v. Cortez, 96-6047, U.S. Court of Appeals (2nd. Cir.).

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Business Law With UCC Applications

ISBN: 9780073524955

13th Edition

Authors: Gordon Brown, Paul Sukys

Question Posted: