Apollo Beach Middle District Bankruptcy Court

In some cases, though it is a hard decision, many consumers are forced to file for bankruptcy. Creditors will call and try to collect your debt if you do not make timely payments. Various companies will probably call you several times per day in reference to you paying off your debt. Most people can probably agree that the numerous calls are stressful and aggravating.

According to law once you file bankruptcy your creditors cannot harass you with phone calls. The Automatic Stay Law makes it illegal for any creditor to continuously harass a consumer after they have filed bankruptcy. Regardless of the amount of the debt the creditor must refrain from contacting the consumer about debt once it has become part of a bankruptcy proceeding.

Creditors are prohibited from contacting consumers by phone, mail or a third party representative once they file the petition. By law creditors cannot enforce a lien or pursue legal action. The legal system upholds this law and it is located in Section 362 of the United States Bankruptcy Code.

Anyone who believes their creditor has committed a crime or who wants more information can look in Section 362 of the United States Bankruptcy Code. According to Section 362 you are immediately protected from all forms of debt collection as soon as you file for bankruptcy. Court personnel have up to ten days to tell your creditor about your bankruptcy petition.

Regardless you are protected by law but sometimes creditors are not immediately aware of your bankruptcy situation. As soon as you can you should inform each creditor about your bankruptcy proceedings. The automatic stay provides you with more time to handle pressing financial matters. For instance if you are facing foreclosure, the automatic stay will stop the proceedings even if just temporarily. 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.

The automatic stay law is very beneficial because it protects consumers from wage garnishments as well as harassing collection calls. If your creditor is suing you once you file bankruptcy the automatic stay law protects you from legal action. There are some situations where the automatic stay law does not apply.

The automatic stay guidelines do not protect you from any criminal proceedings or convictions. You should be aware that the IRS does occasionally have the right in certain tax proceedings to contact you for financial information or to collect a debt.

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