What is an automatic stay?
When a person owes creditors and banks a large amount of money, the creditors may call the debtor to seek the payments. These creditors will often take advantage of a debtor’s rights and act abusively, even though it is against the law. In some cases, a collector will call a debtor several times a day, at odd hours, or even call their place of employment to get this person to pay. They also may make threats, saying that they will file a lawsuit if the debtor does not pay. Fortunately for debtors, there are legal actions that you can take against these types of creditors.
First and foremost, some of these actions are against the law for a creditor to take place in. Under the Fair Debt Collection Practices Act, a creditor is forbidden from engaging in certain activities, including calling debtors at strange hours, calling at work if an employer prohibits it, threating with a lawsuit and discussing private financial matters with any person who is not the debtor. If a debt collector does any of these, you may be able to hold them responsible for the harm they have caused you – you may even be able to have them pay for your bankruptcy filing. Another option you have is to hire a Phoenix bankruptcy attorney and file for bankruptcy. Filing for bankruptcy puts an automatic stay on the actions of a debt collector. With an automatic stay, nearly all actions by creditors must cease.
Contact a Phoenix Bankruptcy Attorney Today
Looking for a lawyer for bankruptcy in Phoenix? If you have been annoyed, pestered and harassed by debt collectors, now is the time to talk to Oswalt Law Group, for an evaluation of your case. We work with clients who are fighting to achieve a debt free future through bankruptcy and other alternatives. When filing for bankruptcy, you have several options available, including Chapter 7 and Chapter 13 bankruptcy.
Filing for Chapter 13 bankruptcy may put an automatic stay on any foreclosure proceedings and help avoid having liens placed on your property.
For more information about an automatic stay, contact a Phoenix bankruptcy lawyer from our office.