No. U.S. Bank recommends that you continue to pay your creditor until you receive a written confirmation from U.S. Bank that the balance transfer has been completed.

Yes. Debts that can be discharged in bankruptcy such as credit card and medical obligations, should not be paid once an informed decision is made to file a Chapter 7 petition. Monthly bills such as rent, mortgage payments, telephone, and utilities, however, still must be paid.

You can! However, should you want a trained intermediary to help you establish a livable budget, handle your creditors for you, and to also make just one combined bill payment a month, then CCCS-OC may be the solution you need.

Yes, they will! By law, all actions against a debtor must cease once the documents are filed. Creditors cannot initiate or continue any lawsuits, wage garnishees, or even telephone calls demanding payments. Secured creditors such as banks holding, for example, a lien on a car, will get the stay lifted if you cannot make payments.

Creditors usually stop calling as soon as you can give them the name and phone number of an attorney whom you have hired to represent you in your bankruptcy proceeding. Of course, if you represent yourself, you will still need to take these calls. Once your bankruptcy is filed, creditors stop calling completely if they are simply trying to collect on the debt.

Yes. Once you enroll in our debt consolidation program, you will be able to refer all calls from creditors to our servicing center. Those collection calls will eventually stop. Our company promises to stop creditor harassment.

Yes, they will! By law, all actions against a bankrupt must cease once the documents are filed. This does not apply to secured creditors such as banks holding, for example, a lien on a car. Top of Page

Practically, since collectors are paid commissions on what they collect and since they have no power to collect after you file bankruptcy, most collectors will stop calling you. If you do get a call, it is important that you make sure that the Trustee has been advised of that creditor. Remember you have nine months to list your creditors and if you forget a creditor that creditor will be entitled to receive the same distribution that your other creditors receive.

In a perfect world the creditors would stop mailing statements to you when they receive your bankruptcy papers. In the real world, it is not unusual for creditors to continue mailing statements to you months after you have filed your bankruptcy. Check your copy of the sworn bankruptcy documents that you filed to make sure the creditor is listed. If it is throw the mail in the garbage or return it to creditor with note that you filed bankruptcy and indicating whom your trustee is.

Your creditors will be happy to deal with our staff, and will stop all collection calls as long as you stick with your Debt Management Program.

Should it be determined that you are a candidate for bankruptcy, a bankruptcy can be filed and your creditors will be notified and by law, they cannot contact you during the pendency of your bankruptcy.

No. However, some creditors will postpone calls if they know you have an appointment. If you eventually enter into a Debt Management Program, the majority of phone calls will stop as long as you maintain your payment arrangements as agreed through CCCS. It takes about 90 days for creditors to finalize negotiations. Therefore, you can expect calls from some creditors within this time frame.

YES! One of the major and most immediate benefits of filing bankruptcy is the protection of the automatic stay that goes into effect once a bankruptcy is filed to protect the debtor and his or her property. The automatic stay, stays or stops all creditor actions to collect a debt, including phone calls and foreclosures.

NO. Your creditors have the right to try and contact you in order to collect a debt and they may still call you even after your join our Program. However, we have been successful in reducing many of the harassing telephone calls. If your account is in collections, collections agencies have to adhere to the FDCPA Guidelines. NO. No company can remove legitimate negative items from your credit report.