Tag Archives: Eviction

Can Declaring Bankruptcy Stop an Eviction?

On most commonly asked questions within the domain of bankruptcy is whether it can stop an eviction. The answer is not a simple yes or no. Your circumstances ultimately determine whether something called “automatic stay” can be used to stop an eviction. When Will Automatic Stay Stop an Eviction? As its name implies, an automatic stay goes into place without any necessary action on the part of the evictee. However, tenants must inform their landlord if they choose to file for bankruptcy. Automatic stay provides a buffer by prohibiting creditors from continuing their collection efforts. They do not prevent eviction, but they give you extra time to get your finances in order. There are some exceptions to the automatic stay, however, that allow landlords to continue with eviction even after bankruptcy. If your landlord has already attained a judgement for possession of your property, for instance, then he would be…
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