How quickly do collection calls stop when filing a consumer proposal
Collection calls can be very troubling for many that are having issues paying their debts. Once you file for bankruptcy or file a consumer proposal, the collection calls should stop. Your creditors are notified regarding your bankruptcy or proposal.
Generally, within 5 days of your bankruptcy or proposal your creditors will be notified by your Trustee. This is typically done via mail, email or fax, so how the notice is sent will determine when the creditors receive the notice.
Once you file for bankruptcy or proposal, collection agencies & creditors will not be able continue or start any collection action. All communications will be dealt with through your bankruptcy or proposal. All creditors will be required to follow the appropriate steps.
If you have filed for bankruptcy or a proposal and you are still receiving collection calls, simply let them know that you have filed, and that they should be receiving the notice at any time. You can also opt to let your trustee know so they can make sure the notice has been sent.
If you find you have debt that you are not able to deal with, contact our office today for a free initial consultation and see what your options are. Make the best financial decision for yourself, and get out of debt.