Getting Around the Stay
There are times when a creditor will attempt to get around the automatic stay. The creditor has the right to request that the stay be lifted if they believe it is not serving its intended purpose.
If your house is about to go into foreclosure, you have no equity and you do not have enough income to pay the arrears through a payment plan, the mortgage holder may request that the stay be lifted so that foreclosure proceedings can continue. In most cases, a court will grant the request.
If you or a loved one is facing job loss due to multiple wage garnishments or your utilities are in danger of being disconnected, contact Dilworth Paxson today to learn what rights you may have. You can arrange for an initial consultation by calling us today or visiting our website.