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Debtors who file for bankruptcy can seek an automatic stay, which protects them from civil lawsuits. This provision prevents creditors from pursuing new judgments against the party who has filed for bankruptcy protection. In many cases, once a debtor has filed for bankruptcy, entities who are owed money are unlikely to receive repayment in full for the debt owed. More commonly, creditors will receive a proportional share of the debtor's divided assets. The party filing for bankruptcy has the right to sue creditors who continue debt collection activities after an automatic stay is granted. Some debts, such as child support payments, remain exempt from an automatic stay and require payment regardless of a bankruptcy filing.
As a lawyer who focuses on DUI, criminal defense, and consumer bankruptcy, E. Michael Vereen III started his own practice in Canton, Georgia, in 1989. Outside of the office, he enjoys spending time with his family and coaching a variety of youth sports.
Contact E. Michael Vereen III, attorney at law, by phone at 770-345-9449 or on the Web at vereenlaw.com.