How the Automatic Stay Works in Bankruptcy: Stopping Garnishments, Foreclosure, and Harassment

Episode Summary: In this insightful episode, Luke Homen explains the power of the automatic stay and how it provides immediate legal protection for individuals filing bankruptcy. As the president of Convenient Bankruptcy and a seasoned Oklahoma bankruptcy professional, Luke breaks down how quickly the automatic stay goes into effect, which creditors it impacts, and how long the protection lasts. He also discusses exceptions for specific debts like child support and taxes, what happens when creditors violate the stay, and the differences between how it functions in Chapter 7 and Chapter 13 cases.

Key Timestamps: 00:01 – Introduction to the Episode 00:45 – What the Automatic Stay Is and How It Works 01:40 – Creditors Protected Against by the Automatic Stay 03:05 – Duration of the Automatic Stay in Chapter 7 and Chapter 13 04:25 – When and How Creditors Can Request to End the Automatic Stay 06:00 – How the Automatic Stay Applies to Child Support and Tax Debts 07:05 – What to Do If Creditors Continue Harassment After Filing Bankruptcy 08:45 – Differences in Automatic Stay Protection Between Chapter 7 and Chapter 13 09:20 – The Importance of Understanding the Automatic Stay and Seeking Legal Help

About the Show: “All About Bankruptcy” helps listeners understand the key protections, processes, and solutions available under bankruptcy law. Hosted by Luke Homen, the show provides clear explanations and practical guidance for those facing financial distress, creditor harassment, and wage garnishment—offering real strategies to achieve lasting debt relief and peace of mind.