Creditors and Your Chapter 7 Bankruptcy
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Once you have filed your Chapter 7 Bankruptcy petition, collection actions against you will stop. This means that your creditors cannot initiate or continue lawsuits, wage garnishments or telephone calls demanding payment. Your creditors will be notified of your bankruptcy case by the court clerk. About 30 days after your petition is filed, there will be a meeting of creditors and you will be asked questions. A court date will be set and the chapter 7 discharge will release you from personal liability for most of your debts. This ruling will prevent your creditors from being able to take any collection actions against you for the debts owed to them.
