If I File Bankruptcy, Will Creditors Stop Harassing Me?

Since the economic downturn back in 2008, many Americans are suffering from unmanageable debt. When debt starts to spiral out of control, if my times becomes a matter of paying a credit card bill or feeding your family. When it comes down to it, most Americans want to avoid filing bankruptcy at all costs. Sometimes, it gets to the point where creditors become so aggressive, they have no other choice but to file bankruptcy. This is one reason that many don’t talk about that pushes people over the edge into filing personal bankruptcy. After the constant attacks by creditors, people call a bankruptcy attorney for a consultation. When going to the bankruptcy attorney, they will find out they are not alone in asking the question, ”If I file bankruptcy, Will creditors stop harassing me?” Over the last few years, creditors and debt collection companies alike have become more aggressive in their collection tactics. In fact, many of them break the law daily but since the debtor is uneducated on what’s allowable they get beaten like a rented mule. Usually, creditors will push the envelope until they hear the words that the debtor is filing bankruptcy and they try change their tune and become nice. People need to understand the creditors are not their friend, many of these people that work in the collection department get paid on commission on how much they collect.

The good news is, filing Chapter 7 bankruptcy will stop these creditors deaden their tracks. Once a bankruptcy attorney files the personal bankruptcy petition with the court, and automatic stay put in place that does not allow the creditors from even contacting the debtor. If they have something to say to the debtor, they will need to talk to their bankruptcy attorney. The automatic stay is one of the most powerful benefits of filing bankruptcy. When the automatic stays in place, all collection activity against the debtor is stopped, including all legal actions like, foreclosure, lawsuits, judgments and wage garnishments. This will allow the individual filing for bankruptcy some quiet time to get their head together and make a plan for their future. Usually, many people after filing for bankruptcy only wish they did it sooner just because of the ability to stop the harassment from the creditors.

Getting answers to those tough bankruptcy questions needs to be thought of before you make a decision when it comes to your financial problems. Finding the answers to help you understand your situation more clearly can help you make an informed decision about filing bankruptcy. Take a minute to call or fill out the form to have a FREE NO OBLIGATION CONSULTATION with a bankruptcy attorney in your area.