Bankruptcy Attorney

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Bankruptcy Attorney

How To Use Automatic Stay In Bankruptcy To Stop Creditors?

A Bankruptcy Attorney is so much more than the discharge of debt. If you have been doing your bankruptcy research, you may have come across “automatic stay” a couple of times now. The automatic stay is just as important as the discharge you receive at the end of your bankruptcy. When you begin your bankruptcy petition the law protects the debtor from any debt collecting activity. A bankruptcy is a way of saying to your debtors that you are doing something about the debt you have incurred. Though you may not be able to pay off all your debt, a bankruptcy is a sign of your initiative to pay something back. For this reason, the government prevents any debt collector or creditor from pursuing debt collecting activities while you are trying to figure out how you will pay them back.

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Bankruptcy Attorney