Stopping Creditor Harassment

Philadelphia Creditor Harassment

Filing for bankruptcy is a decision that nobody comes to lightly. At Jensen Bagnato, P.C., we have helped many people who are facing serious financial difficulties to reach this difficult decision by explaining all of their options, as well as the advantages and disadvantages of each, and one thing that we have noted is the relief that people express at the idea that filing for bankruptcy will put a stop to the constant phone calls that they have been receiving from creditors and bill collectors. The calls are understandable — you owe the caller or their client money, and it is their job to try to make you pay — but they can cause a remarkable amount of stress and anxiety, and some of the calls border on harassment. Filing for bankruptcy puts a legal stop to their efforts.

If you are receiving call after call from creditors who are looking for money that you are unable to pay, then filing for bankruptcy may be the right answer for you. Whether you have been impacted by an unexpected job loss or drop in income, a divorce, or medical bills that have put you in dire financial straights, the Philadelphia bankruptcy attorney at Jensen Bagnato, P.C. can help.

As soon as you file for bankruptcy, the court will send out a notification of the bankruptcy to all of your creditors. Once they have received this notification, they are required to stop any action involved in collecting a debt from you. This is called an automatic stay, and it not only stops creditors from calling you, but also stops any lawsuit or action filed against you or your property. The automatic stay effectively stops you from being evicted, from having utilities cut off for nonpayment, and even for being found in contempt for failure to pay child support. It can temporarily stop a foreclosure proceeding and can stop wage garnishments, allowing you to take home a full salary in order to possibly discharge your debt.

There are some exceptions to this rule: a creditor can petition the bankruptcy court to lift the stay in certain circumstances. If this happens a hearing will be held in which the creditor must prove that they have good reason to be able to continue their collection action. In cases where the debt is unsecured, this rarely happens. On secured debts, the stay may be lifted.

Having an experienced and dedicated Philadelphia bankruptcy attorney representing you throughout these proceedings can ensure that creditors are in compliance with the law and that you will be well represented in instances where a motion to stay is filed. At Jensen Bagnato, P.C., we have extensive knowledge and a record of successfully providing our clients with effective protection of their rights. Contact us today for more information on how we can stop your creditors from harassing you and provide you with relief from your debt.

Contact A Philadelphia Bankruptcy Attorney

Call the bankruptcy attorneys at Jensen Bagnato, P.C. to discuss your options for getting the financial relief you need. They offer free consultations to those in need of debt relief in Philadelphia and the surrounding areas.

“We are a debt relief agency. We help people file for relief under the U.S. Bankruptcy Code.”