Pompano Beach Bankruptcy Attorney
Get the Automatic Stay Lifeline Today!
If you are facing foreclosure, garnishment, or repossession, you may be able to get relief with bankruptcy. Bankruptcy will stop most collection actions, including foreclosure, garnishment, and repossession. The automatic stay is a powerful tool that will give you time to reorganize your finances and get your life back on track.
To get the automatic stay, you need to file for bankruptcy immediately. If you wait, the automatic stay will be much harder to obtain. The automatic stay is only effective if you file for bankruptcy before the creditor or lender files a lawsuit against you. If they file first, the automatic stay will not be available to you.
Call Bilu Law today at (954) 239-7386 to learn more about filing for bankruptcy in South Florida. We have offices in Miami Beach, Boca Raton, and Delray Beach.
How to Qualify for Automatic Stay Protection
In order to qualify for the automatic stay, you must file a petition for bankruptcy. There are two types of bankruptcy that you can file for:
- A consumer bankruptcy, which is used by individuals
- A business bankruptcy, which is used by businesses
Once you file, the court will assign you a bankruptcy trustee. The trustee will investigate your finances and advise the court on what type of bankruptcy is best for you.
Once the court issues the automatic stay, you will be protected from most collection actions. The automatic stay will last until your case is closed. Once your case is closed, the automatic stay will become a discharge order, which will eliminate your debts and prevent further collection action.
Additional Automatic Stay Information
The automatic stay is a powerful tool for those who are facing financial hardship. However, it does not protect you from all collection actions. Some collection actions that can occur after you file for bankruptcy include:
- Creditors or lenders can still contact you to discuss the debt
- Creditors can still sell assets that are not protected by the bankruptcy
- Creditors can still sue you and take your non-exempt assets
- You may still be liable for post-petition debts
- You may still be liable for taxes, fees, and penalties
Get the Automatic Stay with Bilu Law
If you are facing foreclosure, garnishment, or repossession, you may be able to get relief with bankruptcy. Bankruptcy will stop most collection actions, including foreclosure, garnishment, and repossession. An automatic stay is a powerful tool that will give you time to reorganize your finances and get your life back on track.
To get the automatic stay, you need to file for bankruptcy immediately. If you wait, the automatic stay will be much harder to obtain. The automatic stay is only effective if you file for bankruptcy before the creditor or lender files a lawsuit against you. If they file first, the automatic stay will not be available to you.
Contact Bilu Law at (954) 239-7386 to learn more about how bankruptcy can provide you with the automatic stay and other lifelines.
-
"Made us feel comfortable & set our minds at ease!"
“"My wife and I recently hired Ron Bilu to help us file a bankruptcy. From beginning to end the process of working with Ron was fantastic. Ron explained everything in detail to us, kept us up to date ...”
- John -
"Very professional and treated me with the utmost respect."
“"My experience was very successful and without any hesitation, I will use his service again or recommend him to anyone. He was very professional and treated me with the utmost respect. I sought his ...”
- Carola -
"I would 100% recommend!"
“"Ron Bilu helped our family through a very challenging time, dealing with the loss of our home to foreclosure. Ron and his staff (Especially Cindy!!) were fantastic, kept us constantly up to date on ...”
- Paul -
"An attorney of the highest caliber."
“"Ron Bilu is an attorney of the highest caliber and has assisted me and my clients multiple times in all aspects of law including real estate, immigration, and criminal law. I would recommend him to ...”
- David -
"Exception expertise & service."
“"On two separate incidences (i.e., 5 years apart), I contacted and hired Ron Bilu regarding landlord/tenant conflict. The former issue expanded with Condo Management as a third-party; the latter court ...”
- Jewel
Clients Share Their Experience
-
“"My wife and I recently hired Ron Bilu to help us file a bankruptcy. From beginning to end the process of working with Ron was fantastic. Ron explained everything in detail to us, kept us up to date ...”
- John -
“"My experience was very successful and without any hesitation, I will use his service again or recommend him to anyone. He was very professional and treated me with the utmost respect. I sought his ...”
- Carola -
“"Ron Bilu helped our family through a very challenging time, dealing with the loss of our home to foreclosure. Ron and his staff (Especially Cindy!!) were fantastic, kept us constantly up to date on ...”
- Paul -
“"Ron Bilu is an attorney of the highest caliber and has assisted me and my clients multiple times in all aspects of law including real estate, immigration, and criminal law. I would recommend him to ...”
- David -
“"On two separate incidences (i.e., 5 years apart), I contacted and hired Ron Bilu regarding landlord/tenant conflict. The former issue expanded with Condo Management as a third-party; the latter court ...”
- Jewel