Credit report request North Carolina

The first thing you may realize after filing bankruptcy, is that life is far from over. The next thing you may realize after filing bankruptcy, is that some of the creditors may not understand that the debt has been credit report request North Carolina discharged and will still contact you for payment.

As soon as you file bankruptcy, you are granted an automatic stay. This means that all creditors are barred from credit report request North Carolina contacting or attempting to collect any debt from you. The automatic stay may also stop foreclosure proceedings and force creditors to return repossessed property. After the bankruptcy is discharged, you no longer owe the debt and credit report request North Carolina you would think phone calls and harassing letters would be well behind you.

The credit report request North Carolina problem occurs most often when a debt is sold over and over again to different collection agencies. three free credit report Some collection agencies may honestly not be aware of the bankruptcy. Usually, 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 know that the creditor cannot collect. Other times, bankruptcy filers are so credit report request North Carolina afraid of messing up their fresh start that they credit report request North Carolina 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. free trial credit report 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. 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 Does the Bankruptcy Affect Credit?credit report request North Carolina About 60 days after your bankruptcy is discharged, you should pull your credit credit report request North Carolina 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 your credit report. Additionally, if the account is noted as open or in collections or in any other way except Included in credit report request North Carolina Bankruptcy, you need to notify the creditor or collection agency immediately. credit free report If an amount is showing as still owed, the creditor may be in violation of the credit report request North Carolina Discharge Order, as you do not owe anything on credit report request North Carolina the debt after the discharge. It will be difficult to obtain a loan or credit after you file bankruptcy.