Filing a Chapter 7 or Chapter 13 Petition is a type of Bankruptcy that can put an automatic stop to any action against you. If you have not been in a bankruptcy case within the last year,
the filing of a Bankruptcy case results in the following:

1) Stops creditors from contacting you at home or at work
2) Stops all lawsuits against you
3) Stops any attempt to repossess your car or other property
4) Stops any sheriff sale of your property
5) Stops gas, electric, water and telephone shut-offs
6) Stops credit card and loan bills
7) Stops IRS, State and City collection activities against you
8) Stops attempts to collect medical bills
9) Gives you up to 5 years in a Chapter 13 case to get up on your mortgage if you have missed any mortgage or car payments, back real estate taxes or other types of secured loan payments
10) It can reduce the monthly payments you pay on your car

Furthermore, bills such as utilities, credit cards, medical bills, payday loans and other debts can be reduced and in many cases completely wiped out. Bankruptcy can provide you with an opportunity to get a completely FRESH START. Your monthly payments can be substantially reduced. In many cases the filing of a Chapter 7 Petition can wipe out most bills that you owe to your creditors. Filing Bankruptcy is a very powerful remedy to help improve a person’s life.