When debt gets out of control, some people choose to file bankruptcy in order to wipe their slate clean, and halt creditor calls. These calls often try to get people to pay back money that they simply cannot afford to pay. Debt collection harassment is illegal, and many people simply don't know where to turn or what to do besides turn off their phones.
When credit card debt gets out of control, bankruptcy can be effective at stopping creditors from seeking money from you. However, sometimes creditors illegally call people, even after they file for bankruptcy, and ask them for money. The calls can happen without pause, and the stress from these calls can be overwhelming.
Calls that ask for debts that have been erased in bankruptcy and calls that threaten are illegal. A shocking number of credit collection agencies are illegally calling people asking for money that has been discharged.
Now, the Consumer Financial Protection Bureau and the Federal Trade Commission are stepping up monitoring and enforcement of debt collectors to make sure they are operating within the law. With an increase in credit card borrowing in 2011, more people might find themselves in a situation where creditors are harassing them so it is important that the government steps up regulation.
If credit collection agencies are harassing you before or after filing for bankruptcy, it might be wise to speak with a bankruptcy attorney. They might be able to help you take action to stop illegal harassing collection calls.
Source: Huffington Post