One of the most powerful tools of bankruptcy—the "automatic stay"—can stop your car or truck from being repossessed by its creditor. The automatic stay is the law that automatically goes into effect the moment your bankruptcy case is filed to stay—or stop —all collection activity against you or your property. Filing a Chapter 7 or Chapter 13 case … [Read more...]
Stop Vehicle Repossession
One of the most powerful tools of bankruptcy—the "automatic stay"—can stop the repo man cold. This is the law that automatically goes into effect the moment your bankruptcy case is filed at court to stay—or stop—all collection activity against you and your property. The filing of a Chapter 7 or Chapter 13 case will force a creditor to … [Read more...]