Creditor Harassment & Automatic Stay
Being faced with overwhelming debt can be extremely stressful. Constant calls and letters by creditors demanding immediate payment only add to this anxiety. To make matters worse, some creditors attempt to collect money by engaging in harassing or abusive conduct.
The Fair Debt Collection Practices Act provides specific guidelines regarding the collection process. However, some creditors violate these rules by using threats, abusive language and incessant calls.Filing Bankruptcy Creates An Automatic Stay
Once you file a Bankruptcy, the Bankruptcy Court enacts an “automatic stay.” An automatic stay immediately stops all collection activities – this includes repossessions, foreclosures and all forms of contact from creditors. Bankruptcy will also eliminate your debts and hence, eliminate the reason for the creditors’ calls in the first place.
Once a Bankruptcy is filed, if a creditor attempts to contact you by phone or mail, they may be subject to fines and sanctions.
Please contact Chicago Bankruptcy Attorney Frank G. Cortese if you are facing overwhelming debt and are plagued by creditor calls and letters. He has assisted thousands of clients in Bankruptcy proceedings and will put an end to creditor harassment.
Mr. Cortese has worked with clients before filing Bankruptcy to protect them from creditor harassment in violation of the Fair Debt Collection Practices Act. He has also aggressively pursued violations against creditors who fail to comply with the automatic stay in place once Bankruptcy has been filed.
Facing overwhelming debt is stressful enough. Call Chicago Bankruptcy Attorney Frank G. Cortese to give you back your peace of mind and put an end to creditor harassment.