Tag: Automatic stay of bankruptcy
Top Things to Know About Bankruptcy
Won’t Bankruptcy kill my credit? By law the fact of your Chapter 7 bankruptcy filing stays on your credit report for 10 years. At the same time, I tell my clients that they will receive credit card solicitations in the months after their bankruptcy case closes. Throw them in the […]
Stopping the Bills with the Automatic Stay of Bankruptcy
Stopping the bills. They pile up. You want to pay them. You think about how to juggle finances to stop the bills and collection notices. Some of the bill collectors or credit card companies behind them may even have started actions in small claims or other courts. The automatic stay […]
Collections Supposed to Stop After Bankruptcy: Computer Did It Defense
Collections are supposed to stop after you file bankruptcy. Bankruptcy law imposes an automatic stay, effectively a federal court injunction ordering credit card companies, bill collectors, collection attorneys, banks and others to stop all collection activity. Even collection law suits filed to collect debts must stop under the automatic stay […]
What is a Bankruptcy Discharge Violation?
When a bankruptcy petition is filed, an automatic stay goes into effect immediately, ordering a stop to all collection activity with the force of a federal injunction. Later, when the bankruptcy court issues a discharge, the legal obligation to pay the debts terminates. Bankruptcy stops collection activity. But what if […]
