My visa (royal bank) sued me. I got some court papers that I didn`t understand and they just took money off of my paycheque. Now is it to late for me to file for bankruptcy? If I do will it deal with this company that has sued me, or is it to late?
sued by a creditor
posted by Questions @
1 Expert Comment:
At October 14, 2009 |
9:47 pm
, Bart Goth, Trustee in Bankruptcy Said...
It is definitely not to late for the filing of a bankruptcy. Regardless of what actions the creditors have taken, when a bankruptcy is filed there is an immediate Stay of Proceedings that immediately prevents your standard unsecured creditors form making any collection attempts and will stop this garnishee.
For more information on this you are best to contact a local trustee and I would recommend that you do it sooner rather than later as the sooner you do the quicker the garnishment can be released.
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