OK, so I had a side business that went under 3 years prior to bk. I had a business line of credit with the bank that I had to include in my bk. My business was a sole proprietorship, so my money was the businesses, and vice versa. The line of credit had a personal guarantee.
My ch13 has been confirmed. The bank with this credit line is still calling me though, months after all the other creditors stopped calling. I called my attorney, and they said if they are calling for me personally then they cannot do that, but if they were calling for me "at the business" then there was nothing to stop them from calling. wth? as a sole proprietor, its one in the same.
I do not want to talk to them if I do not have to. They have been notified and should leave me alone. They never mention collections, and did not file any objection to the ch13 plan. They sent me this empty threat letter a few weeks ago. It said that I needed to contact them real soon, or else they would be writting my account off as "bad debt" and it would hurt my credit. wooooo-hooo, scary, as if I didn't know that my credit would be hosed when I filed bk in the first place. Funny it did not mention anything about collections, because they know they cannot do that as I am protected by the bk. It is like they are just using their out of "calling me at the business" as a way to harass me. Is there any real concerns here? Has anyone seen this before?
The way I see it, they made an investment that was not secured by collateral. Unfortunately for me and them, the investment lost money. I know if I had invested money with the bank and it lost money, they would say "too bad". Well, now the shoe is on the other foot, and they want to try and scare/harass me. I say "too bad". Turnabout is fair play IMHO, and I think the banks need to feel it for themselves once in awhile.
I do not want to talk to them, and already have their numbers on "ignore" in my phone. I just have to delete the 10 or so messages they leave each week. Any harm in just ignoring them? I feel they just want to try and trick me, or pull a fast one on me.
Thanks!
My ch13 has been confirmed. The bank with this credit line is still calling me though, months after all the other creditors stopped calling. I called my attorney, and they said if they are calling for me personally then they cannot do that, but if they were calling for me "at the business" then there was nothing to stop them from calling. wth? as a sole proprietor, its one in the same.
I do not want to talk to them if I do not have to. They have been notified and should leave me alone. They never mention collections, and did not file any objection to the ch13 plan. They sent me this empty threat letter a few weeks ago. It said that I needed to contact them real soon, or else they would be writting my account off as "bad debt" and it would hurt my credit. wooooo-hooo, scary, as if I didn't know that my credit would be hosed when I filed bk in the first place. Funny it did not mention anything about collections, because they know they cannot do that as I am protected by the bk. It is like they are just using their out of "calling me at the business" as a way to harass me. Is there any real concerns here? Has anyone seen this before?
The way I see it, they made an investment that was not secured by collateral. Unfortunately for me and them, the investment lost money. I know if I had invested money with the bank and it lost money, they would say "too bad". Well, now the shoe is on the other foot, and they want to try and scare/harass me. I say "too bad". Turnabout is fair play IMHO, and I think the banks need to feel it for themselves once in awhile.
I do not want to talk to them, and already have their numbers on "ignore" in my phone. I just have to delete the 10 or so messages they leave each week. Any harm in just ignoring them? I feel they just want to try and trick me, or pull a fast one on me.
Thanks!
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