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Alaska Bankruptcy Help
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Will bankruptcy stop a garnishment or execution? Filing bankruptcy does offer protection from garnishment of debtor's wages and from execution of judgements. This protection is available immediately upon the filing of the petition for bankruptcy, through the automatic stay. The automatic stay prohibits creditors from taking any action against the debtor, such as granishments, executions or any other type of action designed to collect on a debt. Any violations of the stay by a creditor will result in servere penalties imposed by the trustee. |
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