When a bankruptcy case is filed, one of the most important benefits occurs – all collection activities against you must stop immediately and automatically. Your attorney will generate a notice that goes out to all of your creditors, or anyone trying to take your assets.
This means that if you are being aggressively pursued by your creditors, they must stop. If they don’t, they can find themselves facing stiff fines or penalties for violating the law.
The bankruptcy automatic stay stops all of the following actions:
- Garnishments (both wage and bank account garnishments)
- Repossessions (may even get your already repossessed vehicle back to you!)
- IRS actions
- Even helps with child support arrears
Chapter 7 or Chapter 13 will immediately place a barrier between you and your bill collectors until you can figure out the best way to reach your financial goals. With our help and guidance along the way, you can reach that goal!
We proudly serve clients in Jonesboro, Fayetteville, Peachtree City, Newnan, and all southside residents.
Discuss your Options with our experienced Newnan debt relief attorney
If it’s your desire to get out of debt and protect your property, Chapter 7 may be the best option for you. Let our Board Certified lawyer explain all of the details and benefits of the Chapter 7 process.
Call us today and find out how we can help you find the financial freedom you want, and the right solution for your situation.
We offer a free, no obligation consultation with attorney Dolhancyk. Help is just a phone call away!