Tag Archives: creditor
Understanding Automatic Stays and Motions for Relief from Stay
By the time many people consider filing bankruptcy, they are buried in creditor collection calls or perhaps even threatened with wage garnishment, foreclosure or repossession. Consequently, it is a relief to understand what an automatic stay does for you. Filing a bankruptcy petition automatically triggers a court order called an automatic stay. An automatic stays […]
Avoid These Pitfalls When Filing for Bankruptcy
When you are in financial trouble, do not wait until the last minute to seek legal help. Some careful planning and working with a skilled bankruptcy lawyer can help you avoid certain pitfalls related to bankruptcy. Working ahead, at least several months before filing is often to your advantage. Here are common errors that can […]
How to Stop Wage Garnishment
Wage garnishment can be a very distressing event. Wage garnishment means that a creditor has gone to court and gotten a judgment against you, and you haven’t paid. The creditor can then go back to court and get an order of garnishment. When the order goes into effect, money comes directly out of your paycheck […]
What to Expect at the 341 Bankruptcy Meeting
When filing for bankruptcy, many clients express anxiety at the thought of the Meeting of Creditors (also called the 341 meeting, after Section 341(a) of the Bankruptcy Code). Knowledge is power, and the Meeting of Creditors isn’t as scary as it sounds. Here is an idea of what to expect, and hopefully cut down on […]
