0:04
so the automatic stay is probably the
0:06
most powerful tool in bankruptcy and
0:10
what happens is it establishes a wall of
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protection around the business or around
0:14
the person lawsuits cannot continue a
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new lawsuit can’t happen against you or
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your company no one can even ask for
0:23
money from you for a debt and it’s one
0:26
of the many benefits of chapter 11 that
0:30
people just are not aware of usually I
0:33
frequently will have clients tell me if
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I only knew about chapter 11 sooner I
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would have done it much earlier this is
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just another benefit of chapter 11