What happens when filing bankruptcy?

DWQA QuestionsWhat happens when filing bankruptcy?
heatherldickerson Staff asked 2 months ago

What Happens When You File. When you file for bankruptcy, you get an “automatic stay.”” Basically, this puts a block on your debt to keep creditors from collecting. While the stay is in place, they can’t garnish your wages, deduct money from your bank account, or go after any secured assets.