If you are in debt and can no longer keep up with payments, you may be facing overwhelming stress, both financial and emotional. Unfortunately, you may also be dealing with constant creditor calls that make it difficult to focus on getting your life back on track....
At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Month: September 2021
When do debt collection practices become illegal?
When your debts begin to spiral out of control, you may find yourself fielding seemingly constant phone calls and communications from your creditors. Your creditors have a right to try to collect what you owe them. However, this does not give them free rein in terms...
How do Chapter 7 and Chapter 13 bankruptcies differ?
When your debts start spiraling out of control due to medical emergencies, job loss or other circumstances, you may feel as if you have reached the end of your rope. You may feel especially stressed if you have creditors calling you at home or at work, in which case...
How does the automatic stay work?
When you file for any type of consumer bankruptcy, the court issues an automatic stay immediately. This stay gives you protection against debt collectors. According to Cornell Law School, the automatic stay prevents debt collectors from collecting the debts you owe....