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· 4/29/1993

Commercial Credit Corp. v. Reed

Citations

  • 154 B.R. 471
  • 1993 U.S. Dist. LEXIS 6914
  • 1993 WL 171243

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • “The case law indicates that a creditor must act immediately to restore the status quo once it learns that it has violated the stay.”
  • “An entity's failure to comply with its duty to restore the status quo and undo its previous actions which violated the stay may constitute a willful violation of the stay.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Hall

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.