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Preparing for Bankruptcy in Georgia – Steps to Take Before Filing
When debt has become overwhelming and you dread picking up calls from creditors, it is wise to consider your options for discharging debt through bankruptcy. There are two types of filings for individuals and married…
What Happens to Your Credit When You Start Filing for Bankruptcy in Georgia?
For many people, debt can be a crushing burden. Everyday Americans are struggling with home mortgages, car loans, student loans, credit card debt, and so much more. Finding a way out can seem impossible. You’re…
What Is a Strategic Bankruptcy?
Strategic bankruptcies, as opposed to necessary bankruptcies, are most commonly associated with Chapter 11 business bankruptcies. Additionally, some small businesses are eligible for Chapter 5 bankruptcies. Lawmakers created this streamlined procedure because of the coronavirus…
What Is The Difference Between Credit Counseling and Debtor Education?
If you’re facing a difficult financial situation, there’s a good chance that bankruptcy has at least crossed your mind at some point. Regardless of whether you’re considering filing for Chapter 7 or Chapter 13 bankruptcy…
Mediterranean Mayhem: Understanding The Greek Debt Crisis
International finance may be Greek to you, but national bankruptcies are surprisingly similar to personal ones. To understand the current financial crisis in Greece, it helps to think of the Greek nation as an individual…
Debts That Are Not Included When Filing Bankruptcy
While bankruptcy is an excellent way to give yourself a fresh financial start, it cannot discharge all of your existing debts. Some debts simply must be paid, and these will not be discharged during your…
Filing Issues to Consider when Pre-Bankruptcy Planning
Filing for Chapter 7 or Chapter 13 bankruptcy is a big step. However, if handled correctly, it can mean a fresh financial start for you. With some careful planning before you file, you may be…
Tips to Filing an Emergency Chapter 7 Bankruptcy Claim
We know that the decision to file for bankruptcy is never an easy one. Most people give it a lot of consideration before taking the step. However, in some cases you don’t have that luxury….
Why You Should Refrain from Withdrawing from Your 401K During a Hardship
We all face financial hardship at some point in our lives. One very common remedy sought out by those dealing with unexpected circumstances like a personal injury, work-related injury or medical bills is to borrow…