Will filing for bankruptcy stop collection calls and legal actions?

Filing for bankruptcy typically provides an automatic stay, which is a legal injunction that halts most collection activities against the debtor. This means that once a bankruptcy petition is filed, creditors are generally prohibited from contacting the debtor regarding debts. This includes stopping collection calls and preventing legal actions such as lawsuits or wage garnishments. However, it is important to note that the effectiveness of the automatic stay can vary based on the type of bankruptcy filed, which can be Chapter 7 or Chapter 13, among others. In most cases, the automatic stay is a powerful tool that provides individuals or businesses with breathing room to reorganize their finances or discharge debts without the pressure from aggressive creditors. That said, there are certain exceptions. For instance, some creditors may still be able to pursue specific types of claims even after bankruptcy is filed. It is advisable for those considering bankruptcy to seek guidance on the particulars of their situation and understand their rights and obligations thoroughly. For specific inquiries or to get more detailed information, individuals may want to check the SunTrust Bankruptcy Department's web page for any available resources or contact information.