Creditor Proofs of Claim

Wasson and ThornhillChapter 7

In most Chapter 7 cases, there is not much practical effect to what creditors put on their proofs of claim.

Summary about the Automatic Stay

Wasson and ThornhillAutomatic Stay

During the last 13 blog posts we’ve covered the automatic stay–crucial protection that filing bankruptcy gives you. Here’s a helpful summary.

Avoid Having No Automatic Stay

Wasson and ThornhillAutomatic Stay

If there’s a risk you would not get the immediate benefit of the automatic stay, be aware of it and be prepare to prove your “good faith.”