automatic stay

Vehicle Repossession and Arizona Bankruptcy Regulations

Vehicle Repossession and Arizona Bankruptcy Regulations When debt accumulates, a person faces serious consequences and potentially aggressive efforts on behalf of creditors to collect. These efforts could include the repossession of a vehicle. Can a vehicle repossession occur during bankruptcy proceedings, what rights to debtors have and how can they challenge creditors? The following guide […]

protection from motion to lift the automatic stay

Motion to Lift the Automatic Stay: What is it?

Motion to Lift the Automatic Stay: What is it? After you do your bankruptcy filing in Arizona, an automatic stay will become effective. This stay prevents debt collection efforts and attempts on behalf of creditors to contact you. The stay, however, is not an absolute. Creditors can ask for its removal under certain conditions. Let […]

the automatic stay stops creditors in their tracks

What is the Automatic Stay?

Introduction to the Automatic Stay After a bankruptcy proceeding takes place, the debtor’s debts will be discharged and the debtor will no longer be financially liable for these debts. Granted, this will vary depending on the type of bankruptcy filed and the types of debts that the debtor has but overall the end result will […]