Automatic Stay in a St. Louis Bankruptcy
In addition, there are several important components of the automatic stay that serve as a protective measure while you are in bankruptcy. If a creditor does attempt to contact you concerning your debts (or if the creditor attempts to collect on the debt) after the bankruptcy petition has been filed, this is a violation of your consumer rights. There are fairly stiff penalties for this, and the court has broad discretion as to what kinds of damages it may impose. Or if a creditor filed suit against you (ex. breach of contract) before the bankruptcy filing, the case would have to be withdrawn, and no further action could take place on the matter.
This protection exists to give you relief when you file for bankruptcy, and is imposed whether you file a St. Louis Chapter 7 bankruptcy or a St. Louis Chapter 13 bankruptcy. The affordable St. Louis bankruptcy lawyers at The Law Office of Jennifer Alter-Rieken have been making sure that our client’s federal rights are preserved for years. Our staff is prepared to guide you through this process, and ensure that you receive the fresh start / clean slate that you deserve.