Due to covid-19 in 2020, our Wisconsin governor directed creditors to change how they pursued past due balances. These consumer protections are temporary. Bill collectors are already contacting some consumers for unpaid balances. If you are tired of the fear that strikes you every time the phone rings because it might be a bill collector, or the sick feeling when there are past due notices or demand letters in the mail – we can help. Under federal law, once you file for bankruptcy, all collection activity is required to stop immediately. Furthermore, we can help you sue creditors that break the law.
If debt isn’t paid, any silence will be short-lived. Keep in mind, The best way to stop debt collectors is to have a debt resolution or repayment plan in place. Consider Chapter 7 or Chapter 13. Filing bankruptcy offers protection for Wisconsin residents who are in serious debt. As soon as bankruptcy is declared, the “automatic stay” is set forth which can stop the actions noted below. For serious debt, bankruptcy has the most effective means to stop legal actions against your property and wages. Timing is of the utmost importance.
The Fair Debt Collection Practices Act (FDCPA) protects consumers from abusive debt collection tactics. However, a creditor, debt collector or landlord can legally pursue a court judgement against you. At this point, time is no longer on your side. In a judgement, tax returns can be seized, as well as bank account money, business assets and future income. They will go for just about anything to pay off the debt. This is when things get really complicated. In some cases, we may be able to help prevent the case from going any further. Please don’t wait to contact one of the attorneys at Debt Advisors for a free consultation.
The part of bankruptcy law that ends harassment is called the automatic stay. Once bankruptcy is filed, this provision is enacted. A creditors’ obedience of the automatic stay is important for many reasons. Not only does it give you the time and space you need to get your affairs in order, it also allows the court to manage your case without any outside interference from creditors or other parties.
Did You Know that You can Sue Creditors? It’s true! When creditors continue to attempt to collect a debt that was included in your bankruptcy, they are essentially in violation of a court order. If you have trouble with over-zealous bill collectors once your bankruptcy petition has been filed, refer them to our office and we will handle the situation for you. We will explain that we are assisting you with a bankruptcy. In addition, any further communication regarding the debt should come through our office for us to handle on your behalf. There is a statute of limitations, so don’t wait.
Suing a creditor that breaks the law equates to cash in your pocket for statutory damages. However, it must be proven to the court that they acted in an illegal manner. When a collection agency violates the protections of the FDCPA, don’t try to argue with them. Simply contact Debt Advisors for your free consultation with an attorney. It’s free advice! We urge you to take it.
SCHEDULE A FREE BANKRUPTCY CONSULTATION
Contact us at Debt Advisors. You can call, or schedule a free initial consultation by filling out the form on this page. We offer virtual meetings and have offices in Milwaukee, Madison, Sheboygan, Kenosha, Green Bay, Oshkosh and Madison. Learn more about how to protect yourself from creditors. Stop harassing phone calls and stop living in fear.
Dedicated To You
At Debt Advisors Law Offices, our dedicated bankruptcy lawyers represent clients throughout Wisconsin to get the debt relief they need to make a fresh start. Many people shy away from the idea of bankruptcy because they feel that it indicates some sort of failure on their part. In truth, thousands of families across the state have found themselves in financial hardship due to job loss, serious illness and other circumstances beyond their control. When the creditors get tough on you, fight back.