Freecredit Bangor

After the bankruptcy is discharged, you no longer owe the debt and you would think phone calls and harassing letters would be well behind you.

The problem occurs most often when a debt is sold over and over again to different collection agencies. Some collection agencies may honestly not be aware of the bankruptcy.

Usually, freecredit Bangor simply telling them that the debt was discharged in bankruptcy takes care of it and you won’t hear from them again. Believe it or not, creditors will still call debtors thinking they might still actually receive payment for the debt.

 Sometimes the debtor simply doesn’t freecredit Bangor know that the creditor cannot collect. free credit report trial Other times, bankruptcy filers are so afraid of messing up their fresh start that they pay, not realizing that they no longer owe the debt. A creditor or collection agency may even contact you trying to collect years after the bankruptcy. It is illegal however, for debt collectors to continue to contact you. If this happens, it is advised that you gather as much information as you can from the creditor and then notify your attorney or a bankruptcy attorney. free credit history Although the attorney may just send a brief letter advising the creditor to cease collection activity, creditors are often sued for violating the Discharge Order for thousands of dollars. How freecredit Bangor Does the Bankruptcy Affect Credit? About 60 days after your bankruptcy is discharged, you should pull your credit reports again.  The bankruptcy should be on your credit report and any accounts included in the bankruptcy should be noted as “Included in Bankruptcy” and reflect a $0 balance.

If the account still holds a balance, you should contact the creditor to make the correction, and challenge the item on freecredit Bangor your credit report. free credit report scores Additionally, if the account is noted as freecredit Bangor open or in collections or in any other way except Included in Bankruptcy, you need to notify the creditor or collection agency immediately. If an amount is showing as still owed, the creditor may be in violation of the Discharge Order, as freecredit Bangor you do not owe anything on the debt after the discharge.