Los Angeles County - Bankruptcy Instant Relief - Chapter 13

Filing for Chapter 13 bankruptcy can alleviate the stress of unpaid bills and the constant harassment from creditors. The law requires creditors to stop all collection activities when a person files for bankruptcy, and this period of instant relief is known as an automatic stay. With the automatic stay in place, creditors are barred from attempting to collect on any debts you may owe, no matter how far behind you are, or how much you have left to pay. In many instances, the automatic stay can also stop repossessions, levies, and even put a temporary halt to foreclosure proceedings.

Just as its name implies, the automatic stay goes into effect automatically when your bankruptcy filing is accepted by the court. You do not have to take any special actions to qualify for the instant relief provided via the automatic stay in most instances, and when filing for a Chapter 13 bankruptcy, the automatic stay provides additional protection to any co-debtors to the debts you've listed on your bankruptcy filing. This means that a person who has cosigned a loan with you is also under the protection of the automatic stay, and collection agencies cannot go after that individual for the purpose of collecting on the debt.  This protection remains in place for the same duration as your automatic stay, whether or not the individual files for bankruptcy.

There are a few situations in which the Chapter 13 automatic stay does not apply. You may wish to contact a reputable Los Angeles County Bankruptcy Attorney for additional advice if you've had one or more bankruptcy cases dismissed in the past year. Individuals who file for bankruptcy under these circumstances are not granted the protection of the automatic stay. You or your attorney must request the automatic stay, and the courts may or may not grant it - it all depends upon the circumstances surrounding your current and past cases.

If the courts do approve an automatic stay in your particular case, it will only last for 30 days in most instances. You or your attorney must apply for an extension if you want to continue having the protection of the automatic stay throughout your bankruptcy proceeding. You need an attorney who understands Los Angeles County Bankruptcy Law in order to have the best chance of receiving your automatic stay, regardless of the situation. Our premier Los Angeles County bankruptcy law firm has worked with clients throughout Los Angeles County in order to provide assistance not only with automatic stay issues, but with any number of issues that may present themselves during the course of a Los Angeles County Bankruptcy case.

Contact our office today and arrange for a free initial case evaluation. Our team of experienced, reliable Los Angeles County Bankruptcy Attorneys can help you receive the full protection that Chapter 13 bankruptcy provides. We'll ensure that you get the financial relief you deserve, and can make a fresh start, without worrying about constant harassment from creditors and an insurmountable pile of bills.