One of the most discouraging aspects of owing significant amount of debt is the constant contact you may experience from debt collectors. While it is reasonable for creditors to attempt to collect debts owed by consumers, it is not appropriate for them to violate the debtor’s rights. You could experience creditor harassment, a type of treatment that can make an already very difficult situation even more stressful and complicated.
Thankfully, you do not have to endure this type of treatment in silence. There are things you can do to make creditor harassment stop. Additionally, there are legal options through which you can regain control of your financial life and secure a stronger and more stable future. It may be helpful for you to learn about your legal options in this situation.
Limits to the actions of debt collectors
There are laws that dictate what debt collectors can and cannot do to seek payment from debtors. If they violate your rights in any way while attempting to collect, you could have grounds for legal action. According to The Fair Debt Collection Practices Act, some of the specific ways debt collectors may act that could count as creditor harassment include:
- Calling you again and again or harassing you in any way
- Using obscene language when talking with you on the phone
- Not identifying who they are when you answer the phone
- Misrepresenting who they are while talking with you
- Threatening you with things they cannot legally do
- Falsely claim they can have you arrested
One of the main benefits of applying for bankruptcy is that it will enact the automatic stay. This halts all contact from creditors and stops any collection action against you. While protected by the automatic stay, debt collectors cannot call you, harass you or attempt to collect money from you.
A better future is at hand
Through bankruptcy, you can have a better financial future. This process allows you to discharge certain debts and get rid of stressful balances once and for all. There are different bankruptcy options available to Virginia consumers, and a careful evaluation of your income, types of debt and other financial factors can help you understand which could be the best option for you. This step is a decisive way to make creditor harassment stop and regain some of your peace of mind.