In considering whether bankruptcy is the right option for you or in reading about bankruptcy, you may have come across the term "automatic stay." What does automatic stay mean? More importantly what does it mean for you and your bankruptcy situation?

Answers to Your Bankruptcy Questions

At George R. Belche, Attorney at Law, we help our clients get answers to questions like this. We provide thorough and skilled bankruptcy counsel for clients throughout the Lawrenceville, Georgia, area in order to help them find solutions to difficult financial situations. Whether it is a job loss, illness, overwhelming credit card debt or home mortgages, we provide catered and customized legal solutions.

To talk to our Georgia bankruptcy lawyer in a free initial consultation, call (770) 963-3117. You can also contact us online.

Our bankruptcy practice is not focused on just Chapter 7 or Chapter 13 bankruptcy filings. Instead, we are comprehensive in our approach and will look at all viable options that can help you and your family overcome your specific financial circumstance.

The Automatic Stay

An "automatic stay" is the injunction a bankruptcy filing places on all creditors and debt collection agencies. What this means is they are prohibited from attempting to contact you. This means no more e-mails, phone calls, letters and all other forms of communication, especially harassment. Essentially, an automatic stay will protect you from creditors. This applies whether you file for Chapter 7 or Chapter 13 bankruptcy.

However, it is important to understand that the automatic stay is not a permanent situation. Particularly for secured debts such as mortgages, creditors can file with the court a petition to lift the injunction. That is why it is imperative that once you file for bankruptcy you use the opportunity and time that has been given to you to seek a loan modification or negotiate with creditors. Our attorney can help you with all of this and more.

Schedule a Free Initial Consultation Today

Are you sick of worrying at night about debt collectors trying to contact you? Or how you are going to make your next mortgage payment? Stop wasting time worrying and take action. Schedule a free initial consultation at George R. Belche, Attorney at Law, to discuss how we can help. Call (770) 963-3117. You can also contact our law firm online.

"We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code."