2019

What The Automatic Stay In Chapter 7 Bankruptcy Involves

If you have met with a lawyer to discuss your debt situation and found out that you qualify for Chapter 7, one important thing you should understand about this is the automatic stay you will receive when you file. Knowing and understanding what this involves is important in your case, and here are a few things that you should know about the automatic stay. It is a court order An automatic stay is something that everyone receives when filing for Chapter 7 bankruptcy, and it is also something that people receive when using Chapter 13 bankruptcy.…

Why Filing For Chapter 7 Makes Paying Off Bills So Much Easier

There are definitely some major consequences of filing for Chapter 7 bankruptcy, but there are also a lot of benefits, and one of the main benefits you may discover is that filing for Chapter 7 makes it so much easier to pay your bills. You may not notice this until you file your documents with the bankruptcy court, but you will likely see shortly after this how much easier it is for you to pay your bills and live your life.…