What is Automatic Stay Protection?

Automatic Stay is a form of protection that is available to people that have filed for certain forms of bankruptcy. It goes into effect as soon as the application is complete and turned in and is intended to prevent creditors and bill collectors from the applicant. Any failure to adhere to these regulations can result in punishments by the legal system.

Contact the Chicago bankruptcy attorneys at the Law Offices of Stuart B. Handelman at 312-360-0500 for more information about Automatic Stay and bankruptcy protection.