The Automatic Stay

The automatic stay in bankruptcy is one of the most powerful tools used to help clients find debt relief and achieve a fresh start.

How The Automatic Stay Can Help You
  • Begins Immediately: As soon as you file for a Chapter 7 or Chapter 13, the automatic stay starts.
  • Protects you from collectors: The automatic stay is part of bankruptcy law that prohibits lenders and collections agencies from engaging in any type of collections activities.
  • Includes all forms of collections activities: The automatic stay is not limited to creditor harassment or other illegal activities. It includes phone calls, foreclosure actions, repossessions, and any other type of effort to collect on a debt.
  • Gives you some breathing room: The automatic stay remains in effect throughout the duration of the bankruptcy proceedings. While this is not an unlimited amount of time it generally last for the duration of your bankruptcy and is often enough time for someone to regroup and create a strategy for building a strong and secure financial future.

At The Law Offices of Ronald I. Chorches, we have decades of experience helping clients find financial solutions through bankruptcy and other debt relief options. Most of the clients who come to us have two primary initiatives.

Don’t Go At It Alone

When you have debts and are trying to get rid of them, you need long-term solutions. You need to make sure there’s a real chance at building a future free from excessive debt. Stop trying to solve your debt problems on your own. Many people make mistakes when they go it alone like selling off assets and liquidating savings and retirement plans that could be have been saved through careful bankruptcy planning.

We will help you begin the automatic stay that will protect you in the short term, while we simultaneously help you find long-term financial solutions through bankruptcy and other options.

Get In Touch With Us

For a free, confidential consultation on Chapter 7 and other bankruptcy options, please contact us online or call The Law Offices of Ronald I. Chorches at 860-563-3955.