Exceptions to the Automatic Stay under the Bankruptcy Laws When you file for protection under Chapter 7 or Chapter 13, the automatic stay under the Bankruptcy Code immediately goes into effect, prohibiting your creditors from calling, writing or … [Read more...]
The Automatic Stay in Bankruptcy
The Benefit of the Automatic Stay in Bankruptcy The federal bankruptcy laws were enacted to give individuals and business owners a way to get a fresh financial start. But Congress also recognized the need to provide relief from aggressive collection … [Read more...]
Should You File For Bankruptcy?
One of the crucial reasons that individuals file for bankruptcy is to receive relief from their creditors. The initial relief arrives in the form of an automatic stay. The automatic stay goes into effect immediately upon filing for bankruptcy. In … [Read more...]
Stop Garnishment and Levies by Filing for Bankruptcy Protection
When your debts become unmanageable, you face the risk that creditors will take legal action against you, garnishing your wages or levying on your bank account. If you are already subject to a garnishment or you fear that a creditor may seek to … [Read more...]
Exceptions to the Automatic Stay Afforded by the Bankruptcy Laws
When you file a petition in bankruptcy, you are immediately entitled to certain protections provided by the automatic stay established by federal law. This prohibits creditors from calling, writing or taking any legal action outside of the bankruptcy … [Read more...]
Can You Prevent the Loss of Your Home or Car by Filing for Bankruptcy Protection?
If you have fallen behind on your mortgage or car payments because of the loss of your job, medical expenses, a divorce, or for any other reason, you may live in daily fear that you will lose your home or your vehicle. You may have considered filing … [Read more...]
