I have consulted an attorney regarding my overwhelming credit card debt ~ over 80K. I was told to stop using the credit cards for 3 mos before filing Bankruptcy. I have 3 credit cards with B of A, and also have my checking account with them. The attorney told me to move my bank acct, but I’m concerned about being sued by B of A and/or my other creditors before I can file. I still have to save up the money to pay the lawyer. How long before creditors can come after people who haven’t paid their bills with a lawsuit? Does the amount owed factor in at all?
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If you are going to stop paying your cards now, you aren’t even on the Bank of America radar.
Collection calls might start to arrive in a few weeks. They will be friendly at first. As soon as you file bankruptcy, get the case number and have your lawyer’s contact information handy and if anyone calls after that, just tell them you filed bankruptcy and give them the details.
Worst case scenario, if you were sued before you filed in three months, the bankruptcy will kill that anyway.
It sounds like your bankruptcy attorney gave you some wise advice.
No worries, this will work out fine.