Posts Tagged ‘bankruptcy laws’
Basic Facts About the Automatic Stay in Bankruptcy
There are several procedural aspects of bankruptcy that are important for a debtor to know. Among these requirements is the automatic stay. An automatic stay is actually a powerful tool for debtors to stop creditors from engaging in collection efforts. However, use of the automatic stay requires an understanding of its parameters, limitations, and legal…
Read MoreFour Bankruptcy Laws Every Client Should Know
Some research into the process of bankruptcy and the federal laws that govern it reveals that the Bankruptcy Code is divided into several chapters. These chapters each cover a different aspect of filing for bankruptcy, including the different types of bankruptcy, eligibility information, and procedural requirements. It’s impossible to properly file for federal bankruptcy without…
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