How can an automatic stay help me slow the foreclosure process?

When you file any type of bankruptcy, you receive an automatic stay from creditors. This means that creditors can no longer harass, call or send you letters. In addition, if you are being garnished, the garnishment will lift and you will be able to receive your full paycheck.

 

Answers (1)

For foreclosure issues, an automatic stay will temporarily halt the process until the mortgage lender goes to court and lifts the automatic stay. However, this can take time, and in the meantime, it will give you and your family the time you need to move to another location and to make some serious life decisions. Contact a bankruptcy attorney today to find out how you can get an automatic stay.

References:

Contact A Lawyer

0people found this useful

(1 Votes)

Not sure where to start? Use this form to contact an experienced attorney. They will provide a free consultation and assist you with choosing the right path for your case.

Talk to a Lawyer

steps

Describe Your Case

Tell us more about your case so that we can show you lawyers that serve your area.

 
Please Log in to answer questions.

This site does not provide legal advice and users of this site should not interpret any of the information presented here as legal advice. The information provided merely conveys general information related to commonly asked legal questions. We are not a law firm and the employees responding to questions are not acting as your legal attorney. You should ultimately consult with a Lawyer for your case.

LA-WS5:0.9.17.120126.12696+