Lender sanctioned for repeated violations of automatic stayA lender that repeatedly entered a couple's property despite the fact that an automatic stay had been imposed during bankruptcy proceedings has been sanctioned for the violation. The sanction came in In re Sands, a matter in the U.S. Bankruptcy Court for the Middle District of North Carolina. HSBC bank was ordered to pay the Sands' $1,200 in attorney's fees incurred when Winston-Salem attorney Kristen S. Nardone brought the motion for sanctions and appeared at two hearings on the motion.
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Published: April 15, 2011
Time posted: 1:27 pm
Tags: attorney's fees, Automatic Stay, lenders, Punitive Damages, U.S. Bankruptcy Court