Stop Collections Fast: Automatic Stay Explained by Chapter 13 Bankruptcy Lawyer

 

If you are being bombarded with collection calls, wage garnishments or foreclosure notices and it is causing financial stress, learning about the automatic stay is an important first step. An experienced chapter 13 bankruptcy lawyer can explain how this legal protection works and whether it could be right for your situation. Massachusetts Bankruptcy Center helps people throughout Massachusetts use the protections available under bankruptcy law to pursue meaningful debt relief. An automatic stay is a protection ordered by the court that generally goes into effect the moment a bankruptcy case is filed. It immediately stops most collection actions against the debtor, giving individuals time to get their financial affairs in order without the constant pressure of creditors. In many cases, the automatic stay can stop collection lawsuits, wage garnishments, foreclosure proceedings, vehicle repossessions, bank levies and collection calls while the bankruptcy case is pending. The automatic stay provides immediate relief, but it’s not permanent and doesn’t apply to every kind of debt or legal action. Creditors may also be able to seek court permission to continue collection efforts. Since every bankruptcy case is different, consulting with an experienced bankruptcy attorney can help you determine how the automatic stay applies to your situation and how it will help you reach your long-term debt relief goals. 


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