Friday, October 11, 2013

Debt Collectors Calling?

Bankruptcy's Automatic Stay

When a person files for bankruptcy, they usually receive immediate protection from creditors through a special court order known as the bankruptcy automatic stay.
This means creditors must stop collection efforts.

The Stay is Designed to STOP Debt Collectors

The automatic stay in bankruptcy was designed to:
  • HALT foreclosure
  • STOP repossession
  • SILENCE creditors
  • STOP many lawsuits & wage garnishments
Sound like the kind of help you need? Ask a bankruptcy lawyer if filing bankruptcy and could help you.

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