Bankruptcy Can Stop Foreclosure, Repossession and Wage Garnishments
The bankruptcy code provides relief to individuals who are facing a garnishment, or who have had paychecks or bank accounts garnished by a judgment creditor. Upon the filing of a Chapter 7 or Chapter 13 proceeding with the Bankruptcy Court, an order, called an automatic stay, is entered by the court that requires that all creditors stop all collection activities against the individual who has filed the proceeding. Basically, this serves as a injunction, which means that garnishments must stop upon the filing of any bankruptcy proceeding. This lull from the incessant phone calls and letters from creditors can allow our clients the peace they need to gather necessary documents to complete the bankruptcy process.
Our bankruptcy attorneys are knowledgeable about the bankruptcy process, and about the protections that a bankruptcy filing offers debtors, even before a bankruptcy petition is granted. Beside placing garnishments on hold, a bankruptcy filing can temporarily stop a home foreclosure.
You may contact us by phone at 616-364-2100 or by e-mail.
We are a Debt Relief Agency. We help people file for bankruptcy relief under the Bankruptcy Code.
