Tag Archives: Automatic Stay
Massachusetts Doctor Files for Bankruptcy to Avoid Jail
In one of the more unusual bankruptcy cases we have heard about, a doctor in Brookline, Massachusetts has filed bankruptcy to avoid going to jail. As reported by WBUR in late August, Dr. Nataly Minkina owed about $250,000 stemming from a lawsuit she filed against her lawyers. Thanks to the bankruptcy code’s automatic stay,… Read More »
Questions about the Automatic Stay
One of the most powerful benefits of filing for bankruptcy is the protection afforded by the automatic stay. As some of our readers know, the stay immediately halts any collection efforts, such as a car repossession or a home foreclosure. Any creditor who violates the stay could get in trouble with the court. The… Read More »