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What Happens to Your Bank Account When You File For Bankruptcy in Georgia?
It’s common to worry about what will happen to your bank account if you’re planning to file for bankruptcy in Georgia. The good news is that bank accounts often remain unaffected by Chapter 7 bankruptcy…
Can I Buy a House While in Chapter 13 Bankruptcy in Athens, GA?
Right now, this question is more pressing than ever. As of December 30, 2020, mortgage rates were at all-time lows. These low rates will probably not last. If the coronavirus pandemic fades in 2021 and…
How to File Bankruptcy in Georgia
Unlike most other civil actions, consumer bankruptcy almost always starts with a voluntary petition. The V-word is significant. Debtors chose if and when to file. That control continues throughout the process. In most cases, debtors…
What Happens to My Secured Debt if I File Chapter 7 Bankruptcy?
There are two kinds of debt: secured and unsecured. A debt is secured when the creditor/lender can recover a specified asset from the debtor/borrower if the borrower does not repay the loan on time. A…
The Most Important Things You Need If Considering Bankruptcy in Georgia
Bankruptcy in Georgia is the only form of debt relief that provides all debtors with an opportunity to settle their debts quickly and relatively easily. In this article, we will address common questions and what…
What Happens After You File Chapter 7 Bankruptcy in Georgia?
Your credit score goes down when you file Chapter 7 bankruptcy. However, unless the debtor had excellent credit, the effect is not that significant. In most bankruptcy debtors do not have excellent credit. If they…
Is Chapter 13 Bankruptcy a Public Record?
Most people file bankruptcy because of job loss, high medical bills, or another event which was beyond their control. Nevertheless, some people equate bankruptcy filing with financial failure. So, the fact that Chapter 13 filings…
When Should I File Chapter 13 Bankruptcy in Athens, GA?
When creditors make unreasonable payment demands and/or threaten your family, you should at least consider filing bankruptcy. A voluntary bankruptcy petition is the only way for your family to get a fresh start away from…
How to Talk to Your Parents About Bankruptcy in Athens, GA
If your parents are still connected to your financial life or simply involved in your well being, there may come a time when you will need to talk to your parents about bankruptcy. Needless to…