Creditors keep taking money out of my bank account. Can bankruptcy help?
YES. If you file bankruptcy, all creditors must stop taking money from your bank accounts. You need to provide information about your creditors and debts to our office so that we can notify the creditors of your bankruptcy filing and demand that their collection actions stop. Even before we file a bankruptcy case for you, however, we strongly recommend that you only bank at a financial institution that you do not owe money to and have not given creditors access to. No need to close existing accounts – just deposit your money in a bank or a credit union that you do not owe money and where you have not given creditors access to your accounts.
