Crystal Lake (815) 788-9511

Blog

Automatic Stay Stops Creditors in Their Tracks

Posted by Timothy Brown | Oct 12, 2011 | 0 Comments

Under Section 362 of the U.S. Bankruptcy Code, creditors are prohibited from continuing any further collection action against a debtor who files for Bankruptcy relief. If a creditor is aware of the automatic stay, but continues to pursue collection of a debt, the creditor can be held in contempt for failure to observe the automatic stay. The automatic stay prohibits creditors from garnishing your wages, freezing bank accounts, foreclosure, lawsuits, repossession, and making personal contact with you for the purpose of collecting a debt.

Contact us for legal advice and guidance to help you seek debt relief in Crystal Lake!

About the Author

Timothy Brown

Meet Our Experienced Crystal Lake Bankruptcy Lawyer Attorney Timothy Brown of The Law Office of Timothy Brown is a highly accomplished Crystal Lake bankruptcy lawyer. With over a decade of experience, he has the necessary skills to help his clients address a broad variety of legal matters pertai...

Comments

There are no comments for this post. Be the first and Add your Comment below.

Leave a Comment

Comments have been disabled.

Contact Me Today

Law Office of Timothy Brown is committed to answering your questions about Debt Relief, Bankruptcy Litigation, Chapter 7, Chapter 13, Creditor Harassment, Debt Collection Defense, and Foreclosure law issues in Illinois.

I'll gladly discuss your case with you at your convenience. Contact me today to schedule an appointment.

Menu