How Can Bankruptcy Stop Debt Collectors?
If you’re looking for relief from non-stop phone calls and e-mails from bill collectors you may be wondering how bankruptcy protection works. Bankruptcy can stop all collection activity.
When you file bankruptcy an “automatic stay” goes into effect. Debt collection attempts come to a halt. The action can stop foreclosure proceeding, stop repossession, and even stop wage garnishment and pending lawsuits. Debt collectors are prohibited from continuing collection attempts, if they continue without permission make note of the activity and present it to your bankruptcy attorney. They may be breaking the law.
If you qualify for bankruptcy you can have medical bills, personal loans, and credit card debt discharged or eliminated. You will not be responsible for paying them and creditors cannot continue to collect on them once the court has discharged them.
If you find yourself in a difficult financial situation, we can help. King and King can stop the harassing phone calls and put you on the path to financial freedom. Call us today at 404-524-6400 to discuss your options, your consultation is free, or visit us at www.kingandkingattorneys.com for more information.