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How Often Can You File Chapter 13 Bankruptcy in Athens, GA?
Technically, debtors may file Chapter 13 bankruptcy as often as they want. However, if you’re wondering how often can you file Chapter 13, you should know that multiple filings might affect what is known as…
Can You Pay Off Chapter 13 Bankruptcy Early in Athens, GA?
If the family’s income is below the median, a Chapter 13 usually lasts three years. At the creditors’ meeting, the trustee and debtor usually set up a repayment schedule which lasts thirty-six or sixty months….
Is Chapter 13 Public Record in Athens, GA?
Most people file bankruptcy because of job loss, high medical bills, or another event that was beyond their control. Nevertheless, some people equate bankruptcy filing with financial failure. So, the fact that Chapter 13 filings…
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,…
How to Qualify for Bankruptcy: Chapter 13 in Athens, GA
Even before the coronavirus pandemic, many people lived on the knife’s edge, financially speaking. About two-thirds of Georgia families did not have the cash to pay a $400 emergency expense. Relief provisions in the 2020…
How 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…
How 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…
Does 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…
How 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…
Can I Keep My House If I File Bankruptcy in Georgia?
Many people file bankruptcy almost exclusively to protect their homes. Legally, banks can start foreclosure proceedings after just one missed payment. Once the foreclosure wheels begin turning, it is almost impossible to stop them. Banks…