Learning an Expensive Lesson
I previously posted a blog regarding the importance of the Notice of Bankruptcy. Here is a story of just how important this Notice can be and the consequences of not paying close attention to receiving this Notice.
As you can see after reading this article, the Bankruptcy Court takes very seriously the protections afforded to a debtor that has filed for bankruptcy. Here, after the debtor filed for bankruptcy protection, Bank of America allegedly proceeded to call the debtor an additional 38 times to ask about the outstanding payments. The judge ordered Bank of America to pay $12,500 in attorney's fees and damages for emotional distress.
It is unclear whether Bank of America was contacting the debtor during the bankruptcy proceedings to collect a debt, or if the bankruptcy case had already been closed and the bank was attempting to collect a debt that had been discharged. In either case, it looks like Bank of America learned an expensive lesson.