chapter 7

What is the Automatic Stay ?

December 6, 2025March 7, 2011 by Scott Hyder

Once a person files bankruptcy, an “automatic stay” becomes effective, literally stopping all creditors in their tracks. This includes stopping foreclosures, garnishments and repossessions. However, this may only be temporary. A creditor represented by an Arizona bankruptcy lawyer can file a motion to get permission from the debtor’s bankruptcy judge to proceed with enforcing its rights.

What is a 341 meeting of the creditors?

June 1, 2011February 28, 2011 by Scott Hyder

All debtors must attend a 341 meeting of the creditors about a month after they file bankruptcy. So long as you have retained a qualified Arizona bankruptcy lawyer and provided all of the requested documents to the trustee, the 341 meeting will most likely be a smooth and painless experience.

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2019-07-02T23:05:12-07:00

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2019-07-03T19:12:39-07:00

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2019-07-03T19:13:58-07:00

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2019-07-03T19:16:39-07:00

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2019-07-03T19:17:26-07:00

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