In our last post, we discussed a U.S. 6th Circuit Court of Appeals decision that could afford consumers more rights when facing debt collectors. Essentially, the decision further tightened a Fair Debt Collection Practices Act requirement that debt collectors verify the legitimacy of the debt being sought.

Unfortunately, though, when debt collectors are able to verify the debts that are owed, there isn’t much a consumer can do to get out of paying. However, when Wisconsin residents simply cannot afford to pay off the debt they owe, one way to put an end to creditor harassment is by filing for bankruptcy protection.

When an individual files for bankruptcy, an automatic stay is ordered by the court preventing debt collectors from taking action to recover unpaid debts. The automatic stay puts an immediate stop to phone calls, emails and letters from debt collectors, but also stops home foreclosure, vehicle repossession and wage garnishments.

Countless Wisconsin residents have felt a huge weight lifted off of their shoulders immediately after filing for Chapter 7 or Chapter 13 because they are no longer being harassed by creditors and they are moving forward with a fresh start.

Our firm has the ability to help Wisconsin residents immediately put an end to creditor harassment as soon as they decide to move forward with filing for bankruptcy. Of course, the decision to file for bankruptcy is not one that should be taken lightly, which is why our attorneys advise each client on whether bankruptcy or some other debt relief option is in their best interests.

No one likes to wake up each day knowing that they will have to defend themselves from the endless wrath of creditor harassment. That’s why filing for bankruptcy provides such as sense of relief to so many Wisconsin residents struggling with debt they simply cannot pay back.