Do you have multiple creditors calling constantly, leaving voicemail after voicemail, causing you to feel like you’re drowning in debt with no way out? You may want to consider filing bankruptcy where the “automatic stay” halts most collection actions by creditors immediately upon a debtor filing for bankruptcy.
Immediately after a bankruptcy case is filed, an injunction (called the “Automatic Stay”) provides a “breathing spell” for the debtor, preventing creditors from taking actions like lawsuits, foreclosures, and wage garnishments. Thus, the automatic stay prohibits creditors from contacting you and stops most actions to collect money or property against the debtor.
However, certain actions and proceedings are exempt from the automatic stay, meaning they can continue despite the bankruptcy filing. These exemptions primarily relate to criminal matters, domestic support obligations, and government actions enforcing their power.
If you’re in need of an experienced, professional attorney to protect and guide you with the process of filing bankruptcy or have questions regarding filing bankruptcy, you can contact Farrish Johnson Law Office at 507-625-2525.
