Bronx Automatic Stay Lawyers
If you are facing financial difficulties and are considering filing for bankruptcy, you may be worried about creditors’ actions against you and your assets. Fortunately, the bankruptcy code provides an automatic stay that can provide you with some breathing room while you work towards a fresh financial start. At Park & Nguyen Attorneys At Law, we can help you understand the automatic stay and how it can benefit you.
What is an Automatic Stay?
An automatic stay is a legal injunction that stops creditors from taking any collection actions against you or your property once you file for bankruptcy. This injunction goes into effect immediately once you file your bankruptcy petition, and it can provide you with some much-needed relief from creditor harassment, wage garnishment, foreclosure, and more.
What Does an Automatic Stay Cover?
An automatic stay can stop a wide range of creditor actions, including:
- Collection calls and letters
- Wage garnishment
- Foreclosure
- Repossession
- Utility disconnection
- Eviction
- Lawsuits and judgments
- Tax collection
However, there are some exceptions to the automatic stay, such as criminal proceedings and certain types of debts, including child support and alimony.
How Long Does an Automatic Stay Last?
The automatic stay typically lasts for the duration of your bankruptcy case. If you file for Chapter 7 bankruptcy, which is a liquidation bankruptcy, your case will typically be resolved within a few months, and the automatic stay will end once your debts are discharged. If you file for Chapter 13 bankruptcy, which is a reorganization bankruptcy, your case will last for three to five years, and the automatic stay will remain in effect during that time as long as you make your court-approved payments.
How Can Park & Nguyen Attorneys At Law Help?
At Park & Nguyen Attorneys At Law, we can help you understand your options when it comes to bankruptcy and the automatic stay. We can assist you in filing your bankruptcy petition and ensuring that your automatic stay is in effect as soon as possible. Our experienced bankruptcy attorneys can also help you navigate the bankruptcy process and work towards a fresh financial start.
Contact Our Bronx Bankruptcy Lawyers
If you are considering bankruptcy and want to learn more about how an automatic stay can help you, contact Park & Nguyen Attorneys At Law today. Our attorneys have the knowledge and experience you need to navigate the bankruptcy process and achieve the best possible outcome for your financial future.
Contact us today at (718) 514-7886 to schedule a consultation with our lawyer in Bronx, NY.
What Our Clients Are Saying
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I highly recommend Park & Nguyen to everyone in needed of a firm. Peter Nguyen was extremely knowledgeable of my situation and about the process I needed to take care of my issue. He guided me throughout the entire way and assured that i was taken care of in a professional and sincere manner. I would, without any doubt recommend him and his services to all in need. Without any hesitation I would hire him again if needed.- Aurea Rivera
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If you're ever looking for a GREAT lawyer, John S. Park Is the BEST!!!! He took my accident case back in May 2014. The staff is very friendly and always helpful in answering all your requests. Leandra, one of the secretaries, was always so nice and made sure she had all my documents for my case. John Park is right there with you, by your side and you never have to go through anything by yourself. If I ever need a lawyer again, there's no hesitation that I will call John Park again. THE BEST IN THE BRONX !!!!- Sonia
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I highly recommend Park and Nguyen if you ever need a good lawyer. The staff is top notch. They were able to allay my worries. A++++ Thank you for all of your services.- Maria
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I was dealing with a very difficult time in my life, and Mr. Peter Nguyen made the entire process easy. He treated me with respect, and at the same time helped me understand what I was going through. He also explained what options I had for the future. I highly recommend Mr. Peter Nguyen to all my friends.- Pedro
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Great Service and Professional staff. I am completely SATISFIED, I highly recommend Peter T. Nguyen. He helped me with the entire Process step by step. I would definitely recommend Mr. Nguyen to all my family and friends.- Brenda
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Thank you to my attorney John Park and his associates for taking me as a client. They are a professional team that came highly recommended by a lawyer friend. She sent me to the right firm. Mr. Park saw my case through and I am very grateful for his services and kindness.- Margaret
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Park and Nguyen is a wonderful firm. Before my consultation, I felt uncertain and ashamed. After my consultation, I felt reassured and encouraged. The staff is friendly, kind, and supportive, especially attorney Peter T. Nguyen. Mr. Nguyen is informative and reassuring. He was extremely thorough during the process. I highly recommend Park and Nguyen!- C. Bond
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I was going through a rough time in my life and was not sure of my options. I spoke with a few lawyers and was given random information. The first time I called Park and Nguyen, I spoke with Ms. Bernice Irizarry. With her knowledge and empathetic personality, she made me feel so comfortable and provided options. I was very pleased with my results and now my mother is working with Park and Nguyen. They helped me get my life together I am so grateful especially Ms. Bernice! She knows what she’s doing and she a GEM!- Kishea