What prevents my creditors from coming after me when I file for bankruptcy?

prevent creditors consumer bankruptcy

What prevents my creditors from coming after me when I file for bankruptcy?

Upon the filing of a bankruptcy under any chapter, including but not limited to Chapters 7, 13, and 11, something called the “automatic stay” kicks in when you file and automatically halts the progress of all attempts to collect all debts, including existing lawsuits, repossessing your car, and garnishing your wages. If the creditor keeps hounding you after filing, you may take legal action. If found in contempt of court, they may have to pay you money damages.

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