The bankruptcy law was designed to help people who are struggling financially get a second chance. A bankruptcy filing can give you the debt relief you are looking for, such as:
- Stopping harassing calls from creditors and debt collectors.
- Preventing foreclosure, repossession, and wage garnishments.
- Eliminating your liability for most types of debts.
- Reorganize your debts and catch up on missed payments.
Our experienced bankruptcy lawyers at Boyack Christiansen Legal Solutions can provide the legal help and representation you need to file for bankruptcy and complete the bankruptcy process. Call us at
The Automatic Stay
The automatic stay is an injunction that takes effect after you filed your bankruptcy petition to court. This order prevents your creditors from collecting on your debt while the bankruptcy case is on-going, whether it be through collection calls, letters, garnishment of wages, or filing a lawsuit against you.
The stay also temporarily stops foreclosure and repossession proceedings, which will give you and your St George bankruptcy attorney time to negotiate with your lenders.
Reorganization of Debts
Depending on which chapter of bankruptcy you filed for, you may be able to restructure your debts and catch up on missed payments on property that you want to keep. A Chapter 7 bankruptcy discharges your debt by liquidating your nonexempt assets, but a Chapter 13 bankruptcy allows you to create a payment plan over a long period of time to pay off your nondischargeable debts and stop lenders from foreclosing or repossessing your property.
If you’re not sure which type of bankruptcy is right for you, call our office at 435-674-2564 or fill out the contact form to schedule a consultation with a trusted bankruptcy attorney today.