It might soon be possible to have online chats with a bankruptcy court, and, in fact, some bankruptcy courts are already offering the feature, reports the Third Branch, which is the monthly newsletter of the Administrative Office of the U.S. Courts Office of Public Affairs in Washington, D.C.
The model for having online chats with a bankruptcy court comes from retailers in the private sector, who often allow their customers to talk live with someone, just through the website. Now, bankruptcy courts in New Mexico, Nevada, and Arizona are all using the feature.
The feature is meant to be of significant assistance to paralegals and legal support staff. But one important group of lawyers that will benefit from it include real estate lawyers.
What do real estate lawyers have to do with a bankruptcy court? Well, its a one-word answer and starts with F: Foreclosures.
A bankruptcy is considered one of the most imaginative ways of trying to forestall a foreclosure. Once you file for bankruptcy, an automatic stay usually kicks in and protects you from your creditors and bill collectors.
The automatic stay stops any lawsuit that is filed against you by a creditor, collection agency, government entity or other person seeking money from you. The automatic stay can be a powerful tool that you should seriously consider if you are in trouble.
With the rise in foreclosures during the economic recession, sometimes it will be real estate attorneys that will have to jump in during the bankruptcy proceedings. Now they might find it easier to navigate the bankruptcy system. Of course, the best thing to do is to find an experienced bankruptcy attorney; who probably know their way around the bankruptcy code without any assistance.
Related Resources:
- Find an Atlanta Bankruptcy attorney (FindLaw)
- Judicial Foreclosure (FindLaw's KnowledgeBase)
- Stay: Definitions and History (FindLaw's LawBrain)
ShareThis
