Posts Categorized: Automatic Stay

What is the Automatic Stay? What is the Penalty for Creditors Who Violate It?

Automatic Stay in Bankruptcy

Last updated Aug. 31, 2017. Bankruptcy is designed to help you get back on sound financial footing. That can’t happen if you still have to worry about creditors garnishing your wages or foreclosing on your home. So, bankruptcy comes with some serious protection against creditors trying to collect. The automatic stay is the most important… Read more »

Will Filing for Bankruptcy Stop Foreclosure in Ohio?

Bankruptcy Stop Foreclosure Ohio

Last updated July 28, 2017. Yes, filing for bankruptcy will stop foreclosure in Ohio, or any other state for that matter, at least on a temporary basis. The minute a bankruptcy case is filed, an injunction known as the automatic stay springs in to place. The automatic stay is an order of the bankruptcy court… Read more »

Ohio Foreclosure Timeline: How Fast Can the Bank Foreclose?

Ohio Foreclosure Process Timeline

Last updated March 29, 2018. The foreclosure process is complex and intimidating. When will you have to leave? When is it too late to reverse the process? How long does foreclosure take in Ohio? If you’re worried about losing your home to foreclosure, check out this guide to the foreclosure process in Ohio. Ohio Foreclosure… Read more »