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Q:
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What happens when a borrower files for Bankruptcy
protection?
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A:
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The
Bankruptcy Code provides that an "Automatic
Stay" arises upon the filing of Bankruptcy protection.
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Q:
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What impact does the Automatic Stay have on creditors?
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A:
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The Automatic Stay means that creditors may not
commence or continue any action against the debtor, which includes
a ban on the foreclosure or repossession of property.
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Q:
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Are there any options for secured creditors when
a borrower has defaulted on a loan, but has filed for Bankruptcy?
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A:
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Under certain circumstances, secured creditors
may seek the permission of the Bankruptcy Court to commence or
continue proceedings to enforce their lien, such as foreclosures
of real property or repossession of vehicles, by filing a Relief
From Stay Motion.
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Q:
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Which Bankruptcy Courts does Oleksa Law Office
provide legal services?
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A:
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Oleksa Law Office represents creditors and can
file Relief From Stay Motions in all Bankruptcy Courts within
the state of California.
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Q:
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Why should creditors choose Oleksa Law Office
for their legal services in Bankruptcy Courts in California?
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A:
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The firm is able to represent secured creditors
in all Bankruptcy Courts in California, providing you with one
source for all your Bankruptcy needs across the state. We promptly
and professionally prepare Relief From Stay Motions for a reasonable
flat fee. We are committed to high quality representation and
fast turnaround time, with most Relief From Stay Motions prepared
within seven to ten business days from receipt.
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*Client
is liable for costs and fees if litigation is required.
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