Hillsborough County Middle District Bankruptcy Court

It is never easy to decide to file bankruptcy but sometimes it is the only 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 can be very stressful and extremely aggravating.

According to law once you file bankruptcy your creditors cannot harass you with phone calls. The Automatic Stay Law makes it illegal for creditors to continuously harass consumers once 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.

Once you have filed creditors are prohibited from contacting you by mail, phone or through a third party representative once you have filed bankruptcy. Creditors are also prevented from enforcing any liens or starting legal action. This law is a part of the United States legal system and it can be found in Section 362 of the United States Bankruptcy Code.

  Section 362 lays out the facts and informs consumers that are immediately protected from all forms of debt once they file bankruptcy. Consumers should know that the bankruptcy courts have up to ten days to tell creditors about bankruptcy filings.

Regardless you are protected by law but sometimes creditors are not immediately aware of your bankruptcy situation. It is recommended that you contact your creditors and let them know of your situation as soon as possible. For many people the automatic stay may give them a little more time to take care of pressing financial matters. The automatic stay provides helps during foreclosure by halting the processing. It is important to show your creditor your supporting documentation especially if your house is already on the market or about to be sold.

According to the automatic stay laws consumers are protecting from wage garnishments and harassing collection calls. 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.

If you have broken the law the automatic stay law does not provide protection for 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