Can My Creditors Come After Me Following a Bankruptcy?

: Reese Baker & Associates

  Filed under: Debt

creditorsOne of the biggest reasons that most people want to go bankrupt is to get their creditors off their backs, and not because they merely don’t want to pay the debt. Creditors can be ruthless and incessant in their collection attempts. Even when they know the individual owing the money has no options to make payments.

Steering Clear

The first question that is often put forth to a bankruptcy lawyer is when will the creditors stop hounding them? There are rules and regulations that creditors must adhere to when it comes to collection. After an individual has filed for bankruptcy protection the creditors are compelled by law to cease and desist with their collection tactics.

All of the creditors that you have listed in your bankruptcy fillings will be notified by the court that you have filed. This can take some time, however. What you can do is when a named creditor calls is to inform them that you have filed for bankruptcy and give them your file number. You can speak with your Houston bankruptcy lawyer concerning your creditors and act upon their advice.

Once you have retained the services of this professional they will normally deal with your creditors on your behalf. This is the first taste of financial relief that you will get from your bankruptcy action, but there is still a lot more that has to be done before your bankruptcy relief becomes the solution for your financial predicament.