What is code 11 usc 362?

11 U.S.C. § 362 refers to the automatic stay provision in U.S. bankruptcy law. When a bankruptcy case is filed, this section automatically halts most collection actions against the debtor and the debtor's property, providing a breathing spell from creditors. The stay helps the debtor reorganize or liquidate assets without the pressure of ongoing lawsuits or repossessions. There are certain exceptions to this stay, such as for specific types of legal proceedings or for actions involving property not part of the bankruptcy estate.