What is an automatic stay?

Before filing for bankruptcy, you may be plagued with harassing phone calls from creditors at home or your place of work. Fortunately, these phone calls and other actions are stopped after filing for bankruptcy. Once you file for bankruptcy, the court will issue an automatic stay on your debts, forcing creditors to stop any collection efforts. This includes phone calls, letters, or direct contact. In many cases, the automatic stay can also halt or delay the foreclosure process on your home.

If you are facing financial difficulty due to an overwhelming debt load, a successful bankruptcy filing can help you to gain a fresh start. To learn more about the automatic stay, contact a Raleigh bankruptcy lawyer of the Bradford Law Office, PLLC, at 919-758-8879.