Automatic Stay
When a bankruptcy is filed, an automatic stay is ordered by the federal bankruptcy court. This prevents creditors from bringing lawsuits against the debtors, garnishing their wages or starting foreclosure proceedings. Telephone calls to collect their debts or sending letters to the debtor regarding the collection of debts are also prohibited . This eliminates the stress and aggravation of collection activities that debtors have to deal with.
Law Offices of Schlissel DeCorpo
479 Merrick Road
Lynbrook, NY 11563
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