What stops Creditors from harassing me during a Bankruptcy?
Brigham City Utah Bankruptcy Attorneys Video #22:
An automatic stay is a legal barrier designed to STOP collectors to try and collect from you. It is part of the bankruptcy code which goes into effect the minute you have a case number.
Now, it’s not a “real” barrier, it’s a legal one. This means that if your creditors violate the stay there is a penalty, but they can physically violate it if they choose to. It’s like any other law. You can speed if you want to but there is a penalty associated with it. The same thing is true with the automatic stay. It goes into effect the minute you have a case number and is designed to tell creditors to stay away from you until you have everything figured out.
Brigham City Bankruptcy Lawyers