Filing good petition under chapter 7 “immediately stays” (stops) very collection procedures against the borrower or even the debtor’s assets

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Filing good petition under chapter 7 “immediately stays” (stops) very collection procedures against the borrower or even the debtor’s assets 11 You.S.C. § 362. But filing the latest petition will not stay certain kinds of strategies indexed around eleven You.S.C. § 362(b), and sit could be productive simply for a short while in certain situations. …

Filing good petition under chapter 7 “immediately stays” (stops) very collection procedures against the borrower or even the debtor’s assets Read More »