Tuesday, December 21, 2010
Bankruptcy and litigation
Submission stop bankruptcy creditors enter after you can to collect a debt. Bankruptcy invalid entitlement to file an action in court to continue legal action or collecting money judgment creditors won a lawsuit against you. Automatic StayWhen debtor records of bankruptcy, the Court questions one automatic stay. An automatic stay immediately stops collecting activities. Creditors can contact is the registrant to the bankruptcy code debt.LawsuitsUnder even files bankruptcy of the debtor, a creditor may not file a complaint or take an action already against the debtor. If the Court rejects bankruptcy of the debtor or the debtor has greater protection of the stay, may a creditor with a pending or case file prevents the execution of a judgment brought against the debtor.JudgmentsBankruptcy, stop wage garnishments and removes permissions on a House when it was protected by a homestead exemption. Bankruptcy Chapter 7, almost all money judgments are eligible discharge. In chapter 13 the debtor able to pay the amount of the judgment in plan approved a payment to the Court of Justice may be.
Labels:
[:]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment