Tag Archives: automatic stay
Factors Bankruptcy Courts Consider in Deciding Whether to Grant Relief from the Automatic Stay
The automatic stay is one of the most immediate and powerful benefits of filing for Chapter 7, 11 or 13 bankruptcy. While the automatic stay doesn’t erase debt, it puts a stop to creditors’ attempts to collect, giving the debtor some much-needed breathing room. Creditors can, however, petition the court for relief from the stay. […]
