Will Filing For Bankruptcy Stop Creditor Harassment?
Having debt can be beneficial and detrimental depending on how you manage it. Having some debt gives you the freedom to build your credit standing, while having more debt than you can afford could be detrimental to your livelihood. When debt begins to pile up, creditors may start attempting to collect on what is owed. One phone call can quickly turn into several daily and the occasional letter can evolve into a weekly occurrence.
Some families think if they ignore the issue, the creditors will stop calling – they won’t.