Brandon Help with Bankruptcy

Filing bankruptcy is never an easy decision but for many consumers it is their final option. If you have not made your promised payments creditor will continuously call and try to collect the debt. You may get call after call from your creditors as they try to collect your debt. The numerous calls are very stressful and annoying.

Individuals who file bankruptcy are protected from harassing phone calls from creditors by law. Once you file bankruptcy, according to the automatic stay law it is illegal for your creditors to continue to try and collect your debt. Regardless of the amount of debt you have once it becomes part of your bankruptcy your creditors must refrain from contacting you.

This law makes it illegal for creditors to contact you by phone or mail. Creditors are prevented from enforcing liens or taking legal action. This law is upheld by the United States legal system and it is listed in Section 362 of the United States Bankruptcy Code.

You can find more information here if you are curious or think your rights have been violated. According to Section 362 you are immediately protected from all forms of debt collection as soon as you file for bankruptcy. The bankruptcy court may take up to ten days to notify your creditors about your bankruptcy petition.

Though your protection begins immediately, your creditors may not be aware of your current situation. You are recommended to contact each creditor and tell them about your bankruptcy immediately. The automatic stay may give you a little more time to take care of important financial matters. If your home is in foreclosure the automatic stay will stop the proceedings. Show your bankruptcy information to your creditors as soon as possible especially if your house has already been put on the market or has been sold.

Protection from wage garnishments and collection calls are just a few ways that the automatic stay law is beneficial. You are protected from adverse legal action from your creditors due to the automatic stay law. You should note that the automatic stay law does not protect consumers in certain situations.

The automatic stay guidelines do not protect you from any criminal proceedings or convictions. You should be aware that some IRS tax proceedings are not exempt and the IRS has the right to contact you for information and to collect unpaid debts.

Tampa Bankruptcy Attorney, Darrin T. Mish is the founder of the Tampa Bay Bankruptcy Center,P.A. for almost twenty years, Mr. Mish has been a sealous advocate for debtors throughout the State of Florida. Call For a free consultation at (813) 200-4133 or vist hs website at : Tampa Bankruptcy Pro