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What is an Automatic Stay in Bankruptcy?
What is an Automatic Stay in Bankruptcy?

An automatic stay is a provision in bankruptcy that stops creditors and debt collectors from pursuing further legal action during your bankruptcy proceeding. Although filing for bankruptcy can shield you from creditors, there are some instances in which a creditor may seek ...

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Blog posts in Bankruptcy

  • Can Bankruptcy Save My Home?

    If you’re in jeopardy of home foreclosure, it goes without saying that it’s a stressful and scary situation. Adding credit card debt, and other ...

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  • Top 5 Questions Married Couples Ask About Bankruptcy

    Making the decision to file for bankruptcy isn’t an easy one, and married couples who are struggling to make ends meet have a lot to consider. ...

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  • Everything Married Couples Need to Know About Filing for Bankruptcy

    Being in debt can be very stressful — and not knowing how to get out of it can make your financial woes feel that much more taxing. Making the ...

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  • Filing for Chapter 7 Jointly With Your Spouse

    If you’re a married couple struggling with debt, you aren’t alone. Sometimes, life events — illness, loss of a job — can compromise a couple’s ...

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  • What to Expect From a Joint Bankruptcy?

    ​​​​​​If you and your spouse have exhausted every possibility in resolving debt on your own, it may be time to consider joint bankruptcy. Joint ...

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  • Does Filing for Bankruptcy Affect Your Spouse?

    SHORT ANSWER: In most cases it does not have to. When it comes to deciding on whether or not to file bankruptcy , married couples often have a lot of ...

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  • Paying Back All Debt vs. Filing Bankruptcy: How do I Choose?

    For many individuals, debt is unavoidable as everyday life sometimes gets in the way. Whether it’s student loans, medical bills, credit cards, taxes ...

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  • What's Dischargeable in Bankruptcy?

    If you are experiencing financial hardship and having trouble making ends meet, it is worth exploring all of the options available to ease your ...

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  • Life After Bankruptcy - Rebuilding Credit

    If you are struggling with massive debt and choose to alleviate it through bankruptcy, you are not alone. Many individuals, no matter their salary, ...

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