Bankruptcy work is rife with questions about debt collection. The most common question for me is: Help, I owe [fill in the blank] a lot of money! Can a creditor just take money out of my bank account?
At least in New Jersey, the answer to this question is yes and no. [...]
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One way to get your creditors to stop harassing you is by filing for bankruptcy. But how does filing for bankruptcy stop creditor calls and letters? Through something called the “automatic stay”.
The automatic stay in bankruptcy can be a powerful benefit for debtors who feel that they are being [...]
