Credit card debt and medical debt can pile up overnight. When debt grows too big, it can keep you from making other ends meet. While this matter is hard enough on its own, creditors begin calling and harassing you for payment. When you need a moment’s peace to get back on your feet, can you do anything to get creditors off your back?
There are a lot of ways that a creditor can harass someone. Creditors can get very creative in how they pursue someone for money. They want debtors to feel like they cannot do anything to defend themselves, but the truth is that they can.
How to make the harassment stop
There are a lot of misconceptions about bankruptcy. Many do not understand that, in addition to getting a handle over financial hardship, bankruptcy also keeps creditors from harassing you. Chapter 7 bankruptcy can discharge unsecured debt, and Chapter 13 bankruptcy allows an applicant to reorganize their monthly payments to eliminate the debt within three to five years.
Once the bankruptcy is finalized, it is illegal for a creditor to pursue the affected debts. If a creditor continues to harass a debtor after they have managed their debt, the debtor may be able to pursue legal action against them. Creditors know that harassing a debtor after bankruptcy is illegal, which is enough to stop most of them. Unfortunately, some creditors still choose to pursue the debt.
If a creditor continues to try and receive payment for the debt, the former debtor can file a claim against the creditor agency. If this is happening to you, speak with a bankruptcy attorney immediately.
Stop creditors in their tracks
Creditors want debtors to feel like they are powerless to stop their harassment. Debtors can free themselves from this harassment. If you want to take back control of your finances, and end constant harassment from creditors, speak with an attorney who can help you today.