It’s important to note that the co-debtor stay only applies to consumer debts, not business debts. Additionally, the co-debtor stay is not a permanent protection.
Tag: judgment
Bankruptcy to stop garnishment
Sometimes a creditor obtains a judgment against a debtor and the seeks ways to collect on that judgment. Usually the first place they look to collect on their judgment is the debtors wages. If a debtor is employed it can be easy for the creditor to look at garnishing wages. Wage garnishments are when the… Continue reading Bankruptcy to stop garnishment