Can a bankruptcy stop garnishments, repossession, foreclosures, lawsuits, and harassment?

By August 23, 2016Bankruptcy Resources
Can the filing of bankruptcy stop garnishments, repossessions, foreclosures, lawsuits, and harassment?

Yes. By filing a bankruptcy under Chapter 7 or 13, an “Automatic Stay” is created by federal law, which immediately stops garnishments, repossessions, foreclosures and lawsuits against the debtor. Additionally, creditors and collection agencies can no longer contact the debtor.

Sam Henry IV, Attorney At Law
502 Trenton Street
West Monroe, LA 71291