Automatic Stays on creditors during bankruptcy
LIST Code: MO-13-07-00-00
LIST Code
MO-13-07-00-00
Title
Automatic Stays on creditors during bankruptcy
Definition
This category concerns the process of how to get and deal with an automatic stay against most creditors, collection agencies, and government entities when filing for bankruptcy. An automatic stay is a temporary federal injunction, that stops collection efforts against the person. The automatic stay does not extinguish debts, but pauses efforts to collect them. This category concerns limits to the automatic stay, how long it lasts, what happens if creditors violate the order, or how a creditor might remove it.
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