By the time you are at the point of bankruptcy, you have probably been struggling a while with debt and money problems. After all, filing bankruptcy is usually your last resort after you’ve done everything you can to try to negotiate with your creditors. The process, up to this point, can be overwhelming.
By filing bankruptcy, you are giving yourself a reprieve from the financial struggles you’ve been facing. This is not to say your money problems will go away; however, you will get relief from the creditors who have probably been hounding you. You will have some time to breathe and see where your life is taking you next.
The Law Offices of Loomis & Greene near Greeley is one of the most skilled bankruptcy attorney firms in Northern Colorado. We offer help throughout your bankruptcy, even helping you decide if bankruptcy is right for you and which type of bankruptcy you should choose.
Once you’ve officially declared bankruptcy, the creditor calls should stop immediately. Continue reading for common troubleshooting advice if you continue to receive calls, and then talk to your bankruptcy lawyer if you have any specific concerns. Contact us today for a free consultation!
TIPS TO HANDLE CREDITORS DURING BANKRUPTCY
If a creditor calls, simply state that you have filed bankruptcy. You can give them our case number and the date that your bankruptcy case was filed. You may need this for other events in your life as well involving finances, so it’s a good idea to keep this information handy. This should prevent most calls. The Law Offices of Loomis & Greene near Greeley recommend that you make a note of who called, the time, the date, and who you spoke to so you can see if they call back again.
After Confirmation of Bankruptcy
You will receive the same notice in the mail that your creditors are receiving regarding your bankruptcy filing. If creditors call after you’ve received your confirmation letter, it’s a good idea to ask them for their address and then double check with your bankruptcy attorney if this was the address that the notice was sent to. However, just because your creditors have not opened their mail yet or because the notice of bankruptcy was sent to the wrong address does not exempt them from the law. Simply give them your case number, and the calls should end.
Correcting the Wrong Address
It’s not a big deal if a bankruptcy notice was sent to the wrong address of a creditor. In fact, you may only discover you did have the address wrong if you, the court, or your bankruptcy attorney receive undeliverable mail back from the post office. Your bankruptcy lawyer can update the address for free (as long as it’s an existing creditor you included in the original petition — adding a creditor after you’ve already filed a bankruptcy petition is a whole other story) with the courts and simply mail out the same notice to the correct address.
Forgetting a Creditor
If you suddenly remember a creditor (perhaps because they have called you), you will need to let your bankruptcy lawyer know. The Law Offices of Loomis & Greene near Greeley will need to file what is known as a Schedule F so that this new creditor will get notices about your bankruptcy case. This does involve a small fee (for every time you file, so if you file multiple forgotten creditors, it’s one flat fee). This is super important to remember all debts you want included in the bankruptcy because, ultimately, if the debt is not included and discharged, you will still be responsible for the debt. However, as long as you remember about the debt before your bankruptcy has been discharged, you can include the debt in the bankruptcy and have the creditor stop contacting you as soon as you’ve done this.
Report Continued Harassing Contact with Creditors Immediately
Most creditors know the bankruptcy law and will follow it. However, if you’ve given a creditor your case number and it’s been ample time for them to receive the notice of your bankruptcy and they are still calling you, then you need to alert your bankruptcy lawyer immediately. The court is just as interested as having your creditors follow the law as they are of having you. Thus, the court can sanction creditors if they blatantly disobey the law.
HOW THE LAW OFFICES OF LOOMIS & GREENE NEAR GREELEY CAN HELP
Deciding to declare bankruptcy can be gut-wrenching. After all, you took out loans and debt that you had every intention to pay back. However, probably due to circumstances out of your control, such as a major medical need or a divorce, you’ve found yourself at this point.
The Law Offices of Loomis & Greene near Greeley wants you to know that there is no shame in filing for bankruptcy. In fact, more people probably should if they find themselves in over their heads in debt with no solution in the foreseeable future. Bankruptcy gives you a chance to start anew. When you partner with us, we can help you. Our dedicated team of bankruptcy lawyers can answer all of your questions and give you all of your options.
In addition to bankruptcy, we also help clients who are facing criminal charges or who are going through a divorce and need legal advice with regards to child support, alimony, or the divorce process. We’re here to help. Contact us today to get started!