Automatic Stay Under Bankruptcy

admin Uncategorized Leave a comment

Section 362 of the Bankruptcy Laws refers to the automatic stay.  The automatic stay means that someone cannot start or continue a legal case against you.  The stay means that a wage garnishment has to stop.  The stay keeps your car from being repossessed.  The stay stops a foreclosure sale.  The stay can also stop your utilities from being turned off.  However, there are several exceptions to the automatic stay.  The stay does not apply to support obligations, custody and visitation and a few other proceedings.

Add a Comment

Website Design Copyright © 2013 Web Design by Elliottsweb.com Website designed by: Elliottsweb.com