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Category Archives: Bankruptcy Basics
Automatic Stay
Bankruptcy protection usually begins and ends with the Automatic Stay. Basically when a person files for bankruptcy the automatic stay is the protection that automatically kicks in and prevents creditors from seizing property, collecting against judgments, garnishing wages, foreclosing on your house, etc. It is like an invisible force field that protects you from your [...]
Also posted in Automatic Stay, Chapter 7 Bankruptcy
Tagged 11 usc 362, Automatic Stay, bankruptcy, chapter 7
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