Click Here To Receive FREE Email Updates!

Current ArticleMain Content RSS FeedSubscribe

Glossary: Automatic Stay

AUTOMATIC STAY: As soon as a bankruptcy is filed, the Bankruptcy Court enters an Order that immediately stays, or stops, all collection actions against you. This means that foreclosures, garnishments, attachments, lawsuits, collection calls and letters, and even regular monthly bills are stopped.

If you liked that post, then try these...

Can I Use Chapter 13 to Save an Elderly Parent or Adult Child's Home? by Jonathan Ginsberg, Atlanta Bankruptcy Attorney

Renters Can be Victims of Foreclosure by Jonathan Ginsberg, Atlanta Bankruptcy Attorney

Wrongful Motions to Lift Stay Are No Fun in the 9th Circuit by Kent Anderson, Oregon Bankruptcy Attorney

Get In Touch With A Lawyer Near You

Why are you considering bankruptcy?

Garnishment
Creditor Harassment
Repossession
Foreclosure
Lawsuits
Illness/Disability
Divorce
Other:

What kind of bill problems do you have?

Credit Cards / Store Cards
Personal Loans
Child Support
Student Loans
Car Loans
Income Taxes
Payday Loans
Medical/Dental/Hospital Bills
Past Due Mortgage Bills
Other:

Submitting this form does not create an attorney-client relationship with any lawyer, nor does it constitute an agreement by any lawyer to perform any service – including consult with you in any way. Some lawyers may charge a fee for a consultation concerning your situation. We will never sell your personal information.

Trackback URL

1 Trackback(s)

  1. From Bankruptcy Stops Garnishment | Kansas Bankruptcy Law Information | Apr 19, 2009

Sorry, comments for this entry are closed at this time.