Bankruptcy Has an Immediate Impact
If you are considering bankruptcy, you are probably getting angry, threatening phone calls from debt collectors. You are probably worried that your wages might be garnished or your home may be taken away. In fact, you may have already received threats of foreclosure and repossession. Know this: Bankruptcy stops all creditor actions immediately.
At the Arizona Law Group of Trezza & Associates, we will move quickly to help you determine if bankruptcy is right for you, then to file and stop creditor actions against you. Contact us to set up a consultation with one of our attorneys about stopping:
- Creditor harassment
- Foreclosure
- Bankruptcy & Lawsuits
- Repossession
- Garnishment
- Lawsuits
- Repossession in Phoenix
- What if My Wages Are Being Garnished?
The Automatic Stay
As soon as you file bankruptcy, an automatic stay takes effect. When it does, the message is sent to creditors that they must cease all actions against you. This includes everything, from the harassing phone calls and constant letters to lawsuits that are already in the court system. Everything must stop immediately.
With this immediate impact, you will hopefully feel some of your stress start to go away. The automatic stay is powerful. When the bankruptcy process is finished and you have eliminated your debt, the automatic stay is no longer necessary, because your debt has been discharged, or your creditors have been satisfied.
At Arizona Law Group of Trezza & Associates, LLC we help you to stop foreclosures in:
Contact Us to Learn More About What Bankruptcy Stops
Every case is different, so it is important to discuss your situation with an Arizona bankruptcy attorney before making a decision. Contact us to discuss your options.
