ysl small mala mala
ysl small mombasa bag
ysl small patent leather downtown saint laurent bag
ysl small sac de jour tote bag
ysl small vintage bag
ysl small wallet
ysl soft borsa bag
ysl soft silver leather bag
ysl sparta bag
ysl st tropez bag
ysl st tropez handbag
ysl st tropez model
ysl studded easy rock bag
ysl studded fringe bag
ysl suede and plexiglass evening bag
ysl suede bag
ysl suede clutch bag
ysl suede grey oversize
ysl suede handbag
ysl suede handbag muse two
ysl suede mombassa 
ysl suede python bag
ysl suede roady hobo model
ysl synthetic handbag
ysl tanger bag
ysl tassel clutch
ysl tassel handbag
ysl tote
ysl tote bag
ysl tracolla saint laurent 
ysl trapeze bag
ysl travel bag
ysl travel bag easy
ysl travel card holder
ysl travel clutch
ysl tribute bag
ysl tribute bag in two colours
ysl tribute bag large model
ysl tribute black bag
ysl tribute black patent leather bag in black croco style
ysl tribute leather handbag
ysl tribute leather tote
ysl tribute patent leather handbag
ysl tribute patent leather tote
ysl tribute tote
ysl tribute wallet
ysl tricolor muse ii bag
ysl tricoloured muse two
ysl turquoise leather handbag
ysl turquoise leather handbag chyc
ysl turquoise leather handbag easy
ysl turquoise leather handbag muse two
ysl turquoise patent leather clutch
ysl turquoise patent leather clutch bag
ysl tweed clutch bag
ysl tweed handbag muse two
ysl two material messenger bag
ysl two material muse ii
ysl uptown bag
ysl v bag
ysl velvet clutch bag
ysl velvet crossbody bag
ysl velvet handbag
ysl velvet pochette
ysl venise bag
ysl vincennes bag
ysl vincennes mombasa hobo bag
ysl vintage
ysl vintage bag
ysl vintage bag (pouch)
ysl vintage clutch
ysl vintage clutch bag
ysl violet suede bag
ysl wallet
ysl wallet clutch
ysl wallet from the rive gauche collection
ysl white cloth handbag downtown
ysl white cloth handbag easy
ysl white clutch bag
ysl white cotton handbag
ysl white exotic leathers handbag
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ysl white handbag downtown
ysl white leather bag
ysl white leather clutch bag
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ysl white patent leather clutch bag
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ysl white suede handbag
ysl white synthetic handbag
ysl white wicker handbag
ysl wicker handbag
ysl womans handbag
ysl wool handbag
ysl wool handbag downtown
ysl worn on the shoulder
ysl xl bag
ysl xl chyc bag
ysl xl muse
ysl xxl bag
ysl xxl clutch
ysl y bow bag
ysl y clutch
ysl y handbag by
ysl y line
ysl y mail bag
ysl y mail minaudiere
ysl y mail mini bag
ysl y mail postcard silver tote
ysl y mail wallet
ysl y now bag
ysl y studded clutch bag
ysl y tote bag in leather
ysl yellow clutch bag
ysl yellow exotic leathers handbag muse two
ysl yellow leather clutch bag
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ysl yellow leather wallet
ysl yellow patent leather clutch bag
ysl yellow patent leather wallet
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ysl yes saint laurent grey handbag
ysl yes saint laurent st tropez
ysl ymail wallret
ysl yris
ysl zebra print fur handbag mombasa
ysl zippered tote bag
yves saint laurent
yves saint laurent 
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yves saint laurent bag 
yves saint laurent black leather bag
yves saint laurent borsa rosa a mano
yves saint laurent cabas
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yves saint laurent muse 2 handbag
yves saint laurent muse ii
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yves saint laurent patent leather
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yves saint laurent pink patent
yves saint laurent purse
yves saint laurent rive gauche
yves saint laurent rive gauche black wallet
yves saint laurent roady model handbag
yves saint laurent two tone
yves saint laurent vavin tote bag
yves saint laurent vintage
yves saint laurent wallet
yves saint laurent wallet black patent leather
yves saint llaurent
yves st laurent hobo ranch bag

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The Automatic Stay

In the moment when a voluntary Bankruptcy case is filed under any Chapter of the Bankruptcy Code the automatic stay goes into effect. What is this immediate benefit to a debtor? Why does the law provide for it? How far reaching is it?

The stay prohibits any act to obtain money or other property, whether real estate or personal property from a debtor. All law suits must stop. No creditor may take any action to contact a debtor or others even to ask the debtor to pay. The phone calls , letters law suits and repossession efforts must end. A creditor or those acting at the creditors request who know of the stay and ignore it may be held in contempt of court. Property seized from a debtor such as repossessed autos, tools, machinery, equipment, money in bank accounts and other items must be returned. Most importantly, the stay stops foreclosures and sheriff’s sales will result in the loss of a debtor’s home or other real estate.

The automatic stay does NOT stop criminal prosecutions against debtors who have violated the criminal or motor vehicle laws. The stay does not affect proceedings to require or enforce the payment of child support, alimony or other types of divorce proceedings except that proceedings to determine how to divide up property acquired during a marriage (equitable distribution) may require the permission of the bankruptcy court.

The purpose of the stay is to give debtors some breathing room so they can decide in Chapter 13 and Chapter 11 cases how to reorganize their finances. In Chapter 7 cases it protects debtors’ exempt property and gives the trustee the chance to see what assets are in the debtors’ hands without interference from creditors. The trustee and debtor may require property to be returned to the debtor or recovered by the trustee from creditors under certain circumstances.

The stay is the equivalent of an injunction. An injunction is a court order prohibiting or commanding some action.

Creditors may file a motion with the Bankruptcy Court to obtain permission to continue law suits to recover money or take property from the debtor or trustee. This is called obtaining relief from the automatic stay. Home owners who have filed bankruptcy cases may be required to protect their homes by resuming mortgage ,tax and insurance payments and to file a plan that will protect their mortgage holder’s interest in the property. This may be required by the court. The idea is to adequately protect the creditor so the debt does not increase and the value of the property does not decrease.