Could your debt be reduced or forgiven? Take our financial relief quiz. An automatic stay is what stops creditors from collecting debt after you file for bankruptcy. If the stay is “lifted,” the court ...
It is generally well understood that an order of a U.S. bankruptcy court recognizing a debtor's foreign bankruptcy case as a "main" proceeding under chapter 15 of the Bankruptcy Code triggers the ...
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What is an automatic stay in bankruptcy?
An automatic stay prevents creditors from taking action to collect on certain debts when you file for bankruptcy. Automatic stays can offer some protection against eviction, foreclosure, repossession ...
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