When a person falls behind in payment of debts, creditors take various actions to collect:
Telephone calls at home, at work, to other family members or neighbors or friends.
Co-signers may be called upon to make payment.
Foreclosure or repossession proceedings may be started against home, automobiles, furniture, appliances or other personal items.
Lawsuits can be filed and judgments taken against you, which may also result in wage garnishments or liens placed on your bank account or real estate.
If you qualify for protection under the United States Bankruptcy Code, all of these collection efforts can be stopped!
The filing of a bankruptcy automatically stops a creditor from further collection efforts - no more phone calls, letters, bill collectors, foreclosures, repossessions, garnishments or seizures lawsuits or judgments. In order to pursue any collection effort the creditor must first file a request with the bankruptcy court to get permission to continue collections. In most cases, this would not be pursued or allowed.
You can have this relief and protection offered by the Bankruptcy Court.
Each person's situation is different. What applies to one person may not apply to another. To determine bankruptcy options as they apply to you, an attorney competent in bankruptcy matters should be consulted.
If you wish to have a confidential appointment to discuss your bankruptcy options with an attorney in the Law Offices of John M. Miller, you may do so by calling (515) 225-3333 between the hours of 8 a.m. to 5 p.m.(Central Time), Monday through Friday.