The collections calls may be the worst part about being in debt. Even at the best of times, your finances are a source of constant worry. When debt collectors call you, it is an ever-present reminder that things aren’t going well. If you answer them at all, the person on the other end of a collections call will not go away unless you agree to some payment plan, or even give them some payment over the phone immediately. They are pushy, asking for something you probably don’t have to give, and they don’t have your best interest in mind.
The truth is, you don’t have to fear your phone, screen your calls, or lie to collectors that are asking you for a payment today. If you find yourself surrounded by debt, if you are living paycheck to paycheck, or worst of all, if your paycheck doesn’t even cover your expenses, bankruptcy may be your best option. Yes, you may have gotten yourself into financial trouble. But ignoring the problem or hoping for a miracle will not make them go away. Bankruptcy will.