Menu Contact
Serafini, Michalowski, Derkacz & Associates, P.C.
free initial consultation
(866) 316-2867

What is an automatic stay in bankruptcy?

Section 362 of the United States Bankruptcy code provides for a stay of collection proceedings from the moment a bankruptcy proceeding is filed. An automatic stay is an automatic injunction that prevents any creditor action (with some exceptions), from continuing any collection activity against a debtor that has filed for bankruptcy. The stay is the reason that creditors must stop their harassing calls after you have filed your bankruptcy petition.

For more information on automatic stays and bankruptcy, contact our office at (586) 264-3756 to schedule a free consultation.

No Comments

Leave a comment
Comment Information

How Can We Help You?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy