Be Timely with Bankruptcy Notices

Relief from the burden of debt sometimes comes in the form of bankruptcy. When a consumer's account is under bankruptcy, action on the account is crucial and timely. Collection agencies have timebound obligations when a consumer files bankruptcy. If you receive notification of a bankruptcy for an account in collections:

• You must notify your collection agency immediately with the Notice of Bankruptcy.
• They must take proper actions following this notification.

The filing of a bankruptcy by a consumer puts a stay on the account which prevents creditors from collecting the account.

Bankruptcy is a viable option for consumer to seek debt relief. Please immediately report Notice of Bankruptcy to your collection agency and any third-parties that may need this information.

For more information visit the United States Courts website on Bankruptcy found here: https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics

To check the status of a bankruptcy case, visit the Public Access to Court Electronic Records or PACER found here: https://pacer.uscourts.gov/