3Mar/110
What To Expect When Filing For Bankruptcy
FILING YOUR BANKRUPTCY CASE
Once your bankruptcy case is filed, you are entitled to further protections. Specifically, once your case is filed, an Automatic Stay is created, allowing you further protections under the bankruptcy code. The Automatic Stay stops:
- Lawsuits
- Wage Garnishments
- Bank Levies
- Foreclosures
- Collections attempts
- Harassment
The Automatic Stay remains in place until creditors take further action to lift the stay, a judge rules to lift the stay or the debtor’s case has finished. A bankruptcy is a powerful tool that can allow debtors alleviate pressure faced by individuals. A free consultation with our attorneys will allow us to devise a plan that can bring you financial peace of mind.
