Frequently Asked Questions

• What is an automatic stay in connection with a bankruptcy petition?
  An automatic stay is legal mechanisim which automatically stops lawsuits, foreclosures, garnishments, and all collection activity against a debtor the moment a bankruptcy petition is filed. more
• Will filing for bankruptcy stop collection efforts?
  This answer depends upon the type of creditor that is after you.  When filing for bankruptcy an “automatic stay” goes into effect.  The automatic stay protects you from most … more
• How Can My Car Be Repossessed?
  Your car may be repossessed by the owner of your auto loan if that creditor has a security interest in your car. Most creditors who issue car loans issue the loan with the car as collateral … more