Posted on: 30th Aug, 2009 03:14 pm
i planning to file bankruptcy, will this stop the eviction?
Hi rnino!
Welcome to forums!
Once your bankruptcy filing is approved by the court, it would issue an automatic stay on all your creditors. This automatic stay would bar your creditors from suing you or taking any actions against you. So, in that case, the lender will not be able to evict you from your property immediately.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Once your bankruptcy filing is approved by the court, it would issue an automatic stay on all your creditors. This automatic stay would bar your creditors from suing you or taking any actions against you. So, in that case, the lender will not be able to evict you from your property immediately.
Feel free to ask if you've further queries.
Sussane