- Our Blog
Last week the U.S. Supreme Court handed down one of the most momentous decisions of our age. In the case Obergefell v. Hodges, the majority of the court ruled that states could no longer deny same-sex couples the right to marry. Now, not only can these couples legally marry, but they will also be able to enjoy the protections, rights, and benefits that heterosexual couples enjo ...
Before consulting with an experienced bankruptcy attorney, many Georgians perform some of their own research on Google in order to see if they qualify to file a Chapter 7 bankruptcy. Most people prefer to file Chapter 7 over Chapter 13 because at the conclusion of a successful Chapter 7 case, the bankruptcy court wipes away all of the person’s qualifying debts, whereas Chapter ...
It probably seems counter-intuitive that it costs money to file for bankruptcy. After all, don’t you file for bankruptcy when you have serious financial problems? While the answer to that questions is yes, there are still costs associated with filing for bankruptcy, a fact that surprises many Georgians when they try to complete this process on their own.
Bankruptcy is the legal process that an individual or family may complete in order to have their qualifying debts discharged. When debts are discharged, the family no longer has to pay them and the bill collectors have to stop contacting them – which sounds like very good news to a lot of Georgians who are having trouble meeting their monthly bills.
The recent economic recession has affected Americans all over the country, causing hundreds of thousands of our friends and neighbors to take on multiple jobs or take out loans in order to make ends meet. Unfortunately, Georgia is no exception and many Georgian residents have found that they simply cannot meet their monthly debt obligations.
Anyone who has faced bankruptcy proceedings knows how frightening the experience can be. After it’s all over, you’ll need to rebuild your credit, but how can you do this, and where will you start? Studies by the Fair Isaac Corporation, better known as FICO, show that filing for bankruptcy can lower your credit score by as many as 240 points.
Many Georgian families have had to make difficult household decisions in order to cope with the recent trying economic times caused by the recession. From living with one car to downsizing houses to taking on extra jobs, our friends and neighbors have made sacrifices and rolled back household expenses.
During the past few years, many Georgian families have consulted with bankruptcy attorneys to discuss whether filing for bankruptcy is the best option available to them for alleviating their financial burdens and improving their household finances. At our office, one of the most frequently asked questions about the bankruptcy process is what happens to credit card debt if a per ...
The decision to file for bankruptcy is a very personal and private decision. Many Georgians have wisely sought the advice of bankruptcy attorneys to help them make an informed decision on whether filing for bankruptcy is the best solution to their financial problems. Now, that being said, once a bankruptcy case is filed it is no longer personal nor private because bankruptcy ca ...
If you are reading this post, it is likely that you are one of the hundreds of thousands of Americans who are struggling to pay their bills as the country continues to cope with the economic recession. Because the recession has resulted in many people losing their jobs (and the inability of many college graduates to secure their first job), a large number of Georgians have been ...
In general, there are two types of bankruptcies that a Georgian consumers normally file and these are called Chapter 7 and Chapter 13. If a person qualifies to file for Chapter 7, at the end of the process the person’s eligible debts are wiped away (i.e. discharged) and the person is no longer responsible for any of those obligations.
If you are reading this post, it is likely that you are thinking about filing for bankruptcy – and you are not alone. Due to the recent economic crises, many Georgians have made the important to decision to file for bankruptcy in order to alleviate their debt burden and get their financial house in order. For most people, filing bankruptcy should not be a do-it-yourself process.
If you are reading this information, then it is likely that you have already made the important decision to file for bankruptcy. If you are still trying to decide if bankruptcy is right for you and your family, you are encouraged to speak to an experienced attorney before undertaking this process by yourself.
One reason why it is highly advisable that Georgians work with experienced bankruptcy attorneys is because the bankruptcy system is not very simple nor user-friendly, and filing a successful case can rarely be considered a do-it-yourself project. There are many laws and rules that bankruptcy filers (called debtors) must abide by in order to ensure their case is approved by the bankruptcy judge.
No one looks forward to preparing and filing their taxes. Just like most Americans, many Georgian residents are very confused about what forms they need to fill out and how much money they need to send the government (if any) every tax season. Filing taxes can be even more stressful if the person has experienced a particular financial hardship during the year.