Put a Stop to Harassing Creditors With Bankruptcy

'Tis the season for Christmas cards and phone calls from family and friends, but some of us are receiving more hostile greetings over the phone and in the mail this season - from bill collectors.

Unlike most folks, bill collectors don't like to give breaks over the holidays. When you're late on your debt payments, it's their job to bully you into coughing up the cash. That means calls at home and work and letters in the mailbox - even after you've explained the circumstances that are currently preventing you from paying.

But though it might feel like they've got you surrounded with no way out, you still have rights. And with help from a professional bankruptcy attorney, you might be able to silence those bill collectors for good.

Under the Fair Debt Collection Practices Act, creditors are not supposed to call you at work if you've made it clear that it could jeopardize your job. They shouldn't wake you up in the wee hours of the morning or call you after 9 p.m. at night. And they should certainly never threaten you or use abusive language. If bill collectors violate your rights under the law, you might have a basis for legal action.

Even when collectors follow the rules, you can put a stop to their harassment with Chapter 13 or Chapter 7 bankruptcy. From the moment you file, an automatic stay goes into effect, halting creditor actions like harassment, lawsuits and foreclosure - and in many cases, protecting you for the duration of your bankruptcy. Your professional bankruptcy attorney will deal with creditors from then on. Meanwhile, you'll be free to move on with your life without constant fear of answering the phone or going to the mailbox.

That's just one perk of bankruptcy. The biggest benefit by far is the freedom you'll feel when you achieve relief from that debt burden. Because bankruptcy allows you to develop a manageable repayment plan - often times, one that reduces or eliminates some of your debt - you'll lower your obligations and ultimately your interest, so you'll put less of your paychecks into the hands of creditors and more into your own bank account.

Wondering if there's a bankruptcy plan for you? Find out for free when you sign up for a complimentary personal debt analysis with one of our Atlanta bankruptcy attorneys. Give yourself some peace this holiday season by conquering debt - we can help.

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