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Once you file bankruptcy do credit card companies and collection agencies still charge late fees and monthly fees?
Wiki User
∙ 19y ago
They might, but it would do them no good as long as your bankruptcy goes through to discharge. If they were listed as a creditor on your bankruptcy, the automatic stay prevents them from pursuing you for the debt, or late fees and monthly fees related to the debt. However, if your case is dismissed for some reason before a discharge is granted (because, for example, you fail to show up at the meeting of creditors), none of your creditors will go away, and all late fees and monthly fees will continue to accrue.
Wiki User
∙ 19y ago
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No, unless the creditor gets relief from stay or the bankruptcy is dismisssed.
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Can a collection agency report a collection and then not update it?
In Part: No it has to be updated if the balance is revolving and going up or down monthly.
How come a monthly statement is not sent by the collection agency when making monthly payments?
Because they don't. It is a lot of agency's policies.
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Your bankruptcy attorney is best prepared to answer your question, especially if you expect to continue living in the home.
When your new to the job do you get paid monthly or weekly?
Do not know of any companies that pay monthly. Most companies pay weekly or biweekly according to its own policy.
How do you clear your bankruptcy?
pay it off monthly with what money you can or put money away and keep it till you have a bit.
