Bexar County Bankruptcy Attorney
Being in a financially insecure position is stressful for a number of reasons. One of the most frustrating parts is dealing with creditors who seem to never stop their collection efforts, including letters, phone calls, repossession and wage garnishment.
Both Chapter 7 bankruptcy and Chapter 13 bankruptcy stop creditor harassment. If you are dealing with nonstop creditor harassment, it may be time to explore bankruptcy as a debt relief option. At Rosenbaum Law Offices (now Davis Law Firm) in San Antonio, we can provide you with the information you need to make an informed decision about your financial future. Contact us today to schedule a confidential and free consultation.
How Does Bankruptcy Stop Creditor Harassment?
When an individual files bankruptcy (either Chapter 7 or Chapter 13 ), an automatic stay goes into effect. An automatic stay prevents most creditors from doing anything to collect or enforce a prepetition claim against the debtor. Collection actions that creditors are banned from doing include:
- Telephone calls
- Collection letters
- Filing or continuation of lawsuits
- Wage garnishment
- Home foreclosure
Besides the obvious debt relief that bankruptcy provides, freedom from creditor harassment can bring individuals a sense of calm and peace of mind. After months and even years of harassing actions by creditors — suddenly everything stops. By law, creditors are now banned from contacting you for debt collection purposes.
To talk to a lawyer about your bankruptcy options, contact Rosenbaum Law Offices (now Davis Law Firm) online today to schedule a confidential and free consultation.