Filing for bankruptcy is a highly traumatic experience for most people. Even though it is usually the best way to make a fresh start financially, it can be harrowing. Of course, everyone’s circumstances are different and people opt for bankruptcy for different reasons. But the one thing they have in common is…Read More.
If you’re planning to file for bankruptcy before the courts close for the holidays you’d best start the process right now. There are certain things that need to be done before you file, and a number of processes that need to be followed thereafter. The Bankruptcy Process The first thing you will…Read More.
Most people, other than con men, will agree that owing money to people they can’t pay is traumatic and humiliating. This is exacerbated when even though people are doing their very best to make repayments and/or organize a settlement they are constantly harassed. The reality is that whether you are lending or…Read More.
One of the most difficult issues to overcome when you are facing bankruptcy is how you can continue living a normal life. Creditors are hounding you. The bank won’t give you any more money to pay them or new bills. You can see your life crumbling around you and you don’t know…Read More.
Bankruptcy is traumatic no matter what the circumstances are. But when you have a situation that combines unpaid taxes with bankruptcy, it can be utterly overwhelming. IRS-related fines, tax debts, and various liens combined with interest, penalties, and all the other fees that add up can be devastating not only to your…Read More.
It isn’t difficult to file for bankruptcy and be accepted by the courts. But there are certain requirements that have been put in place to help people ensure they don’t land up with the same kinds of problems again. For this reason, it isn’t permissible to file for Georgia bankruptcy unless you…Read More.
Having made the decision to file bankruptcy, most people have more questions than answers. Is it best to opt for a Chapter 7 or a Chapter 13? Is there anything that could stop me filing? Will I lose my house and my car if I opt for Georgia bankruptcy? Who can help…Read More.
Anyone who is unable to pay back the debts they have incurred can file for bankruptcy. But because some people are literally more bankrupt than others (owing more money), there are legal checks that determine which form of bankruptcy is allowed. This is to prevent people who have the means to pay…Read More.
Any homeowner who is heavily in debt and can’t see a way out may be forgiven for having a panic attack, especially when the family home is at risk. It’s a double whammy when, in addition to all your other debts, you’ve been late on your mortgage and your lender is threatening…Read More.
Filing bankruptcy in Georgia is similar to filing bankruptcy in most other American states, but not exactly the same. While the federal Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), also known as the New Bankruptcy Law, applies to everyone in the US, there is also state-specific legislation that only…Read More.