Upon the filing chapter 7 petition, an injunction is automatically imposed called the “automatic stay”. The most automatic stay immediately stops all collection actions against the debtor or the debtor’s property. The stay arises by operation of law and requires no judicial action. As long as the stay is in effect, creditors may not initiate or continue lawsuits, wage garnishments, bank restrains or even telephone calls demanding payments without asking the court to be relived of the automatically stay.
If you have questions or concerns about how to stop debt collection lawsuits through bankruptcy, we urge you to contact The Law Offices of Robert J. Nahoum, P.C. today by calling 845-232-0202.
This Law Offices of Robert J. Nahoum, P.C. is a Debt Relief Agency. We assist individuals to become debt free through Bankruptcy.