South Florida Automatic Stay Lawyer
Assisting Clients With the Automatic Stay Process in Florida
When financial turbulence hits, navigating through legal challenges becomes crucial for individuals and businesses alike. At Bilu Law, we specialize in providing effective legal solutions focusing on automatic stays. Our South Florida automatic stay attorneys understand the complexities of financial distress and are committed to guiding you through the legal intricacies.
Call Bilu Law today at (954) 239-7386 or contact us online to schedule a consultation with our automatic stay attorney in South Florida.
Why Choose Bilu Law?
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Decades of ProficiencyWith two decades of dedicated service, we've assisted countless clients with their legal needs, covering 67 counties in Florida.
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Swift and AccessibleOffering seasoned legal guidance, our attorneys respond promptly and are easily accessible when you require their expertise.
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Hablamos EspañolOur proficient team, including Spanish speakers, ensures that you fully comprehend the intricacies of your case.
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Global Legal ExpertiseWe are proud members of an international law firm network, enabling us to provide assistance to clients nationally and worldwide.
What is an Automatic Stay?
An automatic stay is considered a powerful legal tool designed to provide immediate relief to individuals or businesses facing financial difficulties. Put simply, it is a legal injunction that halts creditors and collection agencies from pursuing debts or taking legal action against you. This essential protection is initiated the moment you file for bankruptcy, whether it's under Chapter 7, Chapter 11, or Chapter 13.
However, it does not protect you from all collection actions. Some collection actions that can occur after you file for bankruptcy include:
- Creditors or lenders can still contact you to discuss the debt
- Creditors can still sell assets that are not protected by the bankruptcy
- Creditors can still sue you and take your non-exempt assets
- You may still be liable for post-petition debts
- You may still be liable for taxes, fees, and penalties
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What should I do if I'm considering filing for bankruptcy protection?If you are considering filing for bankruptcy protection it is important to speak with an experienced attorney who can review your unique situation and provide legal advice so that you can move forward and find financial freedom.
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Does filing for bankruptcy mean my business will close?Not necessarily. Depending on the chapter of bankruptcy that is filed, a business may be able to continue operations while reorganizing their debts in a payment plan.
Hear From Our Happy Clients
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"They cared about their clients."
I'm honored to leave Bilu Law this great review. After calling many lawyers in Florida about a real estate issue, I felt Bilu Law genuinely cared. They listened, asked the right questions, and made my desired outcome their priority. The cost was reasonable, and their dedication was relentless.- Carlos -
"Willing to fight when others gave up."
Bilu Law and their associates were willing to fight for me when other firms wanted to throw in the towel. Their professionalism and dedication resulted in the best outcome I could ask for. I highly recommend this firm. Many thanks to all.- Emporio -
"Highly recommend for legal matters."
Bilu Law advised and completed my Trust paperwork to my satisfaction. The team consistently delivers, even during Covid-19. Calls are quickly returned, and there's a warm atmosphere. Highly recommend for settling legal matters.- Aldith -
""Choosing this law firm was the best decision I have ever made.""
"I had the pleasure of working with Ron Bilu and his assistant Andrea. Choosing this law firm was the best decision I have ever made. Both Ron and Andrea were with me every step of the way and were very kind, helpful, and knowledgeable. In the end i was very pleased with the results and would recommend his services to anyone in need of a great real estate attorney. Thankyou so much Ron!"- Doris -
""They are professional, aggressive and the keep us informed of progress of our cases.""
"Our firm has engaged Ron Bilu and Nick Rossoletti and their amazing team of effective legal professionals for a variety of litigation matters and they are professional, aggressive and the keep us informed of progress of our cases. Their experience and knowledge of the law combined with a results oriented approach has helped our bottom line."- Jeffrey -
""ABSOLUTELY AMAZINGGGGGG!!!!!!!!!""
"ABSOLUTELY AMAZINGGGGGG!!!!!!!!! Ron Bilu and Andrea Valencia helped me beyond what I expected! They listen carefully to you and will fight for you till the wheels fall off! My outcome was beyond what I had imagined and it is all thanks to them backing me up and doing what they do best! I cannot express into words how much I strongly recommend this law firm to anyone who is facing the issues I had! Like I said, absolutely amazinggggg at what they do!!!!!"- Marlin
How to Qualify for Automatic Stay Protection
In order to qualify for the automatic stay, you must file a petition for bankruptcy. There are two types of bankruptcy that you can file for:
- A consumer bankruptcy, which is used by individuals
- A business bankruptcy, which is used by businesses
Once you file, the court will assign you a bankruptcy trustee. The trustee will investigate your finances and advise the court on what type of bankruptcy is best for you.
Once the court issues the automatic stay, you will be protected from most collection actions. The automatic stay will last until your case is closed. Once your case is closed, the automatic stay will become a discharge order, which will eliminate your debts and prevent further collection action.
How Can Our Automatic Stay Attorney Help You?
Navigating the complexities of automatic stays requires legal expertise and a deep understanding of bankruptcy laws. Our team can assist you with the following:
- Comprehensive Legal Assessment: We can thoroughly evaluate your financial situation, identifying key factors that can impact the success of your automatic stay. This includes assessing the type of bankruptcy best suited to your needs – whether Chapter 7, Chapter 11, or Chapter 13.
- Timely Filing and Documentation: Timing is crucial when it comes to filing for bankruptcy and initiating an automatic stay. We can ensure timely filing and meticulous documentation, maximizing the protection afforded by the automatic stay and minimizing potential challenges.
- Creditor Communication Management: We can take charge of all communication with creditors, providing you with the space to focus on rebuilding your financial stability. We can handle negotiations, ensuring that your rights are protected throughout the bankruptcy process.
- Strategic Planning for Debt Resolution: Beyond the immediate relief offered by an automatic stay, we work collaboratively with you to develop a strategic plan for debt resolution. Whether it involves liquidation, reorganization, or a structured repayment plan, we tailor our approach to meet your unique circumstances.
- Post-Bankruptcy Guidance: Our commitment doesn't end with successfully implementing an automatic stay. We help you understand the implications of the bankruptcy discharge and assist in rebuilding your financial future.
