What is Automatic Stay under Bankruptcy law, and why is it important?
The automatic stay under bankruptcy law is when a creditor is prohibited from enforcing any collection action or taking any other action to enforce a debt while an individual or business is under the protection of the bankruptcy proceedings. Understanding the concept of Automatic Stay Under Chapter 13. The automatic stay order also prohibits creditors […]
What is Automatic Stay under Bankruptcy law, and why is it important? Read More »