Nobody likes to get nasty phone calls from collection agencies. Despite laws intended to protect consumers from harassment, most collection agencies make you very uncomfortable when they’re trying to get money from you. Often times they will call several times a day. If you have gotten to this point with your financial situation, it’s no wonder you’re considering filing bankruptcy for some relief!
When you file for bankruptcy, the “automatic stay” immediately comes into force. The automatic stay makes it illegal for creditors to take any action to collect on debts. That means creditors can no longer call you, sue you, garnish wages, foreclose on your home, repossess your car, and any lawsuits filed against you must be come to an immediate stop. The automatic stay is a protection provided by the federal bankruptcy statutes, and it is designed to give consumers breathing room while they straighten out their finances. The automatic stay applies in both Chapter 7 and Chapter 13 bankruptcy filings.
Call Roseville bankruptcy attorney Seth Hanson today at (916) 780-7005 and schedule your FREE consultation to discuss your options.