Debt Collection Harassment
One of the major benefits of filing for protection under bankruptcy is that creditor actions are stayed (stopped).
This means that debt collection efforts and foreclosures are halted immediately. If a creditor or bill collector attempts collection efforts after you file your bankruptcy case, contact your attorney.
Mortgage paperwork mess: Next housing shock?
(CBS News) If there was a question about whether we’re headed for a second housing shock, that was settled last week with news that home prices have fallen a sixth consecutive month. Values are nearly back to levels of the Great Recession. One thing weighing on the economy is the huge number of foreclosed houses.