We often get calls from prospective clients for debt relief and/or bankruptcy by people who are overwhelmingly being harassed by creditors calling to try to receive payments on open accounts, or work out payment plans or other payments.
These calls often are made at all hours, and now are being made on home phones, cell phones, and even at places of employment.
Bankruptcy Can Stop Creditor Calls!
To obtain relief from creditor harassment, you can file for bankruptcy. Telling a creditor you are going to do it is not enough. Creditors know this, and will not stop bothering you until they receive the order from the court. They know that once you file for bankruptcy protection, they will probably be unable to collect all of the debt.
Here are the procedures by which a bankruptcy filing will stop creditor calls:
• Immediately upon the filing of your bankruptcy case, the bankruptcy court issues an order that stops all collection efforts against you. The order issued by the bankruptcy court is called the “Automatic Stay.”
• After you file the bankruptcy petition, the court mails a notice to all the creditors listed in your bankruptcy schedules.
• Creditors will also stop calling if you inform them that you filed the bankruptcy petition, and supply them with case number.
• If a creditor continues to call you or contact your employer, the court may impose fines, punitive damages and even jail time because of the court order violation.
• If your case is discharged, then creditors and their collection companies are permanently prohibited from contacting you unless they have received special permission from the Bankruptcy Court, or your debt is one that is exempted from your discharge.
Filing of a bankruptcy case really does give you a fresh start. Eliminating the debt allows you to start over, rebuild your credit, remove the stress and threat, and move on with your life.
For more information on filing a Bankruptcy, contact our office at 410-885-6200.