Posts by Lee Paulk Morgan
What Debts Are Discharged in Chapter 7 Bankruptcy Georgia?
Most unsecured debts are dischargeable in a Chapter 7 bankruptcy. “Discharge” basically means that the bankruptcy judge eliminates the legal obligation to repay the debt. But, the debt itself remains, as do its collateral consequences,…
Read MoreHow Many Times Can You File Chapter 7 Bankruptcy?
Technically, anyone can file bankruptcy at any time, regardless of their past filing history. However, as outlined below, subsequent filings often have limited effects. Since the Supreme Court has diluted some protections in the Fair…
Read MoreHow Do I Build Credit After Bankruptcy?
There is no doubt that bankruptcy significantly lowers your credit score. But the effect is not as dramatic as many people believe it is. Furthermore, bankruptcy is a one-time black mark. Continual late payments drive…
Read MoreDoes Bankruptcy Clear Student Loans?
During the current coronavirus crisis, roughly 90 percent of student loans borrower are not making their full payments. Typically, recent graduates are at or near the bottom of the corporate ladder. And, most companies follow…
Read MoreHow Do I Claim Bankruptcy in Athens?
So far, stimulus payments, mortgage deferrals, and other temporary relief measures have helped coronavirus-impacted families avoid bankruptcy. But when these relief programs end, bankruptcy filings will probably increase significantly. Things are very uncertain now, and…
Read MoreCan I File Bankruptcy in Georgia?
Most people qualify, both formally and informally, to file bankruptcy in Georgia. These formal and informal qualifications are discussed in detail below. In the coronavirus age, more people are asking questions like this one than…
Read MoreHow Long Does It Take to File a Chapter 13 Bankruptcy in Athens, GA?
Legally, banks can repossess property, foreclose on a lien, and take other adverse action after only one missed payment. So, many people need to quickly file Chapter 13 bankruptcy and take advantage of the Automatic…
Read MoreHow Much Does a Chapter 13 Bankruptcy Cost in Georgia?
The minimum cost for a Chapter 13 bankruptcy is usually $350. Exact filing fees vary in different jurisdictions. Additional fees apply for additional filings, like amended schedules or repayment plan modifications. The total cost of…
Read MoreWho Pays for Bankruptcies in Athens, GA?
In most cases, bankruptcy filers in Athens, GA pay for bankruptcies. The filing fee varies in different jurisdictions, but it is normally about $350 in a Chapter 7 and $300 in a Chapter 13. Judges…
Read MoreHow Long Does Chapter 13 Bankruptcy Take in Georgia?
Most people in Georgia file bankruptcy because, through no fault of their own, their finances are spiraling out of control. In three or five years, Chapter 13 bankruptcy helps these people regain control. The bankruptcy…
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