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Frequently Asked Questions
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Bankruptcy is a legal process that gives individuals in financial difficulty and opportunity to have a fresh start. To qualify for bankruptcy, an individual must owe at least $1,000 and not be able to meet his or her financial obligation as they become due.
Please click on any questions below to view aswers, or click on Show All, below, to view all questions and answers.
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Will my creditors stop calling me?
What about garnishee orders?
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YES! Typically as soon as they are notified of the bankruptcy, creditors will cease their collection actions including harassing telephone calls. Creditors then have to deal directly with the Trustee. This includes garnishee orders, which are lifted upon bankruptcy.
However, secured creditors, such as a mortgage on a house, deal outside the bankruptcy and still have the ability to act.
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