The most common violations of the automatic stay arise from simply treating an account as if it is not included in bankruptcy. Sounds simple, right? This may occur because you have no knowledge of the bankruptcy filing or poor internal coding of the bankrupt account. Many such violations are the result of automatic delinquency notices or regular statements that indicate a balance due. Remember any attempt to collect a debt during bankruptcy will probably be viewed as a violation of the automatic stay. Proper bankruptcy training on both the front AND back end of your operations will dramatically reduce this risk. Bankruptcy attorneys are on the lookout for such violations and know they may be in for a bonus pay day if they find it!
Bankruptcy Tune Up: 5 Things the Debtor’s Attorney Doesn’t Want You to Do