Using The Law To Make Your Life Better

February 2019 Archives

David Sexton

The "automatic stay" in a Chapter 7 bankruptcy filing

A number of previous posts have discussed the pros and cons of Chapter 7 bankruptcy. Each situation is different, so a bankruptcy filing will likely have a different impact on one Tennessee resident than it would another. However, there is one pro that is common in all Chapter 7 bankruptcy filings: the "automatic stay."

What are some basic questions about Chapter 7 bankruptcy?

Tennessee residents know that Chapter 7 bankruptcy can be a useful tool to address burdensome debt obligations. However, they may not know some of the basics about the bankruptcy process and how exactly Chapter 7 bankruptcy works. So, what are some of the basic questions that our readers may have about Chapter 7 bankruptcy that need to be answered?

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