What will an automatic stay do for me?

If you file for bankruptcy, an automatic stay will go into effect immediately. This is done to protect people in debt from legal action while they get their finances back in order. An automatic stay will cease most debt-related legal action that is being taken against you. For example, it may temporarily halt utility disconnections, foreclosures, evictions, and wage garnishments.

It is important to note that an automatic stay will not cease criminal proceedings, tax audits, or lawsuits filed for child support.

For more information about how an automatic stay could help you, contact Boston bankruptcy attorneys Joshua Spirn & Associates at 800-975-5346.

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