If you’re suffering from constant creditor harassment because you’re
behind on your debt, you may consider retaining a
bankruptcy lawyer and filing for bankruptcy. While you have the option of advising your
creditors to stop contacting you, you still have an obligation to pay
your debt. Filing for bankruptcy not only provides you with protection
from your creditors but also the opportunity to start over financially.
Out of Control
Usually, when someone files for bankruptcy, they’re already behind
on most, if not all, of their debt. And once you start to get behind on
payments, things seem to snowball out of control. It starts out small
with credit card debt, and eventually it’s to the point where the
car and mortgage payment obligations are not met.
There are many reasons why debt can be very overwhelming: a medical illness,
job loss or military deployment. Many reasons are beyond your control,
but your creditors have no interest in hearing what you have to say, they
just want their money. So, the phone calls and letters will no doubt continue.
Once you file for bankruptcy, it puts an automatic stay on the debt collection.
This means that debt collectors cannot continue to harass you. Upon filing,
your creditors receive notification of your filing. If a debt collector
ignores the notice, you can notify them that you’ve filed for bankruptcy
and that they should cease all communications. Creditors that still continue
to harass you, even after they've been advised of your bankruptcy
status, can face penalties.
If you have any questions or concerns regarding filing for bankruptcy,
the automatic stay, or debt collection harassment,