Will Creditors Stop Calling Me and Demanding Payment Once I Filed Bankruptcy?
Will creditors stop calling me and demanding payment once I filed Bankruptcy? Upon filing of Bankruptcy, whether it is Chapter 7 Bankruptcy or Chapter 13 Bankruptcy, “Automatic Stay” takes effect. Under the Bankruptcy Code, Automatic Stay prevents creditor from attempting to collect on a debt, which includes calling you to demand payment. However, creditors might […]