When you are suffering from overwhelming debt, the ring of a phone or the opening of your mailbox can turn your stomach. Any phone call or letter could be from a creditor, a creditor’s collection agency, their attorney, or even all three! Any notice could be a summons or judgment. Our clients have lived in fear of creditor harassment –never knowing what lengths creditors may go to in order to try to collect.
Will they threaten court action? Will they berate and shame me? Will they contact my friends or my family? Will they come looking for me at my job or tell my employer about my debts?
This fear is constant and real in the minds of our guests. And it is a very valid fear too. Creditors will go to sometimes shameful lengths to attempt to collect. They count on the fact that many debtors are too ashamed of their debts to stand up for their rights and report creditor harassment.
Here are a few very important things you should know about creditor harassment:
- Creditors can’t call you before 8:00 a.m. or after 9:00 p.m. and they have to tell you who they are when asked.
- They can’t threaten to arrest you, threaten loss of custody of a child/children, or threaten the loss of benefits like welfare.
- You can tell creditors to stop contacting you! Write a letter to the creditor demanding they stop communication and keep a copy of it for your records. They must only contact you in regards to any legal action they plan to pursue.
- Filing for bankruptcy automatically protects you from your creditors and, as a result, creditor harassment. It is the only thing that truly can protect you from further contact from creditors as well as collections attempts like foreclosures, garnishments, or repossessions!
Bankruptcy is a powerful tool to not only get creditors off of your back but eliminate your debt as well!
Ready to stop creditor harassment once and for all and get rid of your overwhelming debt too?! Contact Kain & Scott, MN’s HIGHEST Google reviewed bankruptcy law firm. Visit www.kainscott.com today!