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How Does Foreclosure Work in Georgia?
If you have been struggling to make your mortgage payments and you are headed towards foreclosure, it’s important to understand how this process works in the state of Georgia. Since Georgia is a “non-judicial foreclosure…
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…
What Is Lien-Stripping and How Does It Work in Georgia?
Filing for Chapter 13 bankruptcy may be able to help underwater homeowners through a process called lien stripping. What is lien-stripping? When a homeowner files for a Chapter 13 bankruptcy in hopes of consolidating their…
What Qualifies You for Chapter 13 Bankruptcy in Athens, GA?
If your family is having problems dealing with the financial storms of life, such as unemployment or serious illness, you are not alone. Two-thirds of Americans have less than $1,000 in savings, and many of…
What Is a Bankruptcy Discharge in Athens, Georgia?
When a person files for Chapter 7 bankruptcy, their intention is to have as many of their debts discharged as possible. But what is a bankruptcy discharge, and how does it work in Georgia? When…
What If I Fall Behind on Chapter 13 Repayment Plan Payments?
A Chapter 13 bankruptcy is also called a “wage earner’s plan,” because it allows for filers who earn a regular income to pay back their secured debts over a period between three to five years….
Is Chapter 7 Bankruptcy Still Available in Athens, GA?
If credit card companies had their way back in 2005, the answer to this question would be “no.” To end Chapter 7 abuses, such as a debtor putting a trip to the Moon on a…
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 Happens When You File Chapter 7 Bankruptcy in Athens Georgia?
The fear of the unknown is one of the main reasons people suffer from bankruptcy phobia, which is an unreasonable fear of bankruptcy. It is understandable that people might be afraid of what happens when…
Do I Have Any Other Options Besides Filing Bankruptcy in Georgia?
Until recently, a number of very attractive bankruptcy alternatives were available in Georgia. Unfortunately these options aren’t nearly as attractive as they were in 2015. While there are other option besides filing for bankruptcy in…