Debt collectors are merciless. They call you first thing in the morning. They interrupt dinner with your family. They call you at work. They call your relatives. And they sue you in court.
The Denver bankruptcy lawyers at George T. Carlson & Associates understand the stress debt collection, foreclosure and repossession puts on families. And one of the most rewarding aspects of our job is making it stop and seeing the life return to the faces of our clients amid the peace and quiet that comes with filing for bankruptcy protection.
Once you file for bankruptcy protection, all collection action must cease. Not even the IRS or your ex-spouse’s child support attorney can change that fact. Filing for bankruptcy in Colorado puts the consumer firmly back in control of his or her finances.
Stopping Debt Collectors in Denver
Whether filing a Chapter 7 or Chapter 13 bankruptcy, debt collects are finally put in their place. In many cases, you will never have to deal with them again. An automatic stay will be issued and the calls and collection efforts will stop immediately – seemingly overnight.
Debt collections efforts a bankruptcy filing in Colorado will stop include:
- Attempts by the IRS to collect tax debt.
- Court actions related to divorce, child support or alimony.
- Foreclosure Actions.
- Repossessions.
- Creditor lawsuits.
- Phone calls from creditors or collection agencies.
Whether you will ultimately have to repay some of these debts is another matter. But one thing is certain: It is against the law for virtually anyone to take any type of collection action against you once they have been notified that you have entered bankruptcy protection.
Bankruptcy and the Automatic Stay
A stay is issued automatically and begins the moment you file bankruptcy. It affects all unsecured creditors – such as credit card companies and student loan companies and lasts until the conclusion of the bankruptcy case – at which time most of these types of debts will be discharged.
A few exceptions to the protections afforded by an automatic stay include:
- Secured creditors may petition the court for relief from the stay.
- Relief to such creditors may include cash payments or the granting of a lien on real property.
- Landlords may be granted a stay to evict tenants in some cases.
Contact a Colorado Bankruptcy Attorney Today
If you need bankruptcy assistance in Denver or would like more information, call George T. Carlson & Associates today at 303-789-1313 for a free consultation or contact us online. We are a debt relief agency. We help people file for bankruptcy under the Bankruptcy Code. Serving clients in Denver and throughout Colorado, including Aurora, Englewood, Lakewood and Boulder.
 Denver Bankruptcy Help – 303-789-1313 – Free Consultation
