Chapter 7 does more than just clear your debt. The bankruptcy laws are designed to protect you from creditor harassment, and protect your property from a forced sale, foreclosure and repossession.
The bankruptcy automatic stay puts an immediate stop to:
•Creditor phone calls, letters and harassment
•Repossession
•Wage garnishment
•Foreclosure
•Lawsuits
This typically kicks in when you file, and protects throughout your case.
Chapter 7 exemptions provide long term protection, outlining the types and amounts of property that are fully protected from forced sale. This is why there is rarely ever a forced sale of any property in a Chapter 7 case.
Find out how the automatic stay and exemptions may help you protect your future. Get a free case evaluation with a local Chapter 7 bankruptcy lawyer near you, Day and evening appointment's available,contact us at 916-988-8001.
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