What Is The Automatic Stay, And Why Is It Important?
Do you need protection from your creditors? Are you losing sleep at night worrying about how you are going to pay all of your bills? Call 210-930-7000 today to schedule your free Debt Consultation. We’ll go over all your options and give you plenty of good information to help you decide what is best for you. The Automatic Stay is the protection that bankruptcy offers when a case is filed. When you file a bankruptcy, the automatic stay goes into effect “automatically” and it is an injunction that prohibits a creditor from contacting you to demand payment on a debt. The automatic stay also prevents a creditor from foreclosing on real estate or repossessing a vehicle without obtaining permission through the bankruptcy case. This is relief that you CANNOT obtain elsewhere. Schedule your Free Debt Consultation. Call 210-930-7000. Relief is just a phone call away.
When you file a bankruptcy, The bankruptcy court gives you the protection of the automatic stay. This is a mechanism that does not allow any creditor to pursue any of the debts that you owe them or seize your property, (there are a few exceptions such as criminal activities). The automatic stay makes it so you can go through this process with out being harassed by creditors. If we have filed your case and you are still being harassed (being sent bills, receiving phone calls, etc.), write down who (the person, company, time, etc.), is contacting you and bring that information to our office.
