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What Should I Do If I Can’t Afford My Child Support Payments?
If you can’t afford your child support payments in Georgia, it’s essential to take immediate action to avoid legal consequences. Start by filing a petition with the court for a child support modification. You’ll need…
Do You Have to Go to Court for Bankruptcies in Georgia?
Do you have to go to court for bankruptcies? The short answer is Yes, bankruptcy filers in Georgia must attend a Meeting of Creditors hearing, also known as a Section 341 hearing. This hearing typically…
What Happens if You Transfer Money Before Filing Bankruptcy in Georgia?
Transfer of assets before bankruptcy can have serious consequences. Bankruptcy trustees can: Reverse fraudulent transfers to recover assets. Investigate financial transactions before filing. Report hidden assets to the court.
Should I Close My Business Before or After Filing for Bankruptcy in Georgia?
Determining whether to close your Georgia business before or after filing for bankruptcy is a critical decision, and there are multiple factors to consider: The timing can significantly impact your financial outcome and legal options….
What is an Avoidable Transfer in Chapter 7 Bankruptcy in Georgia?
Bankruptcy can be a daunting process, filled with legal jargon and complex procedures. One crucial aspect of Chapter 7 bankruptcy is understanding avoidable transfers, which can significantly impact the outcome of your case.
Can I Keep The Furniture I Am Financing After I File For Bankruptcy In Georgia?
Yes, you can keep the furniture financed in Georgia after bankruptcy. Georgia exempts a portion of household goods, including furniture. The exemption is $5,000 for single filers and $10,000 for married couples filing jointly. There’s…
What Happens If I Own a Business and File a Personal Bankruptcy in Georgia?
Bankruptcy for Business Owners: Explained Filing for personal bankruptcy can impact your business in Georgia depending on its structure. Here’s the short breakdown: Sole Prop/Partnership: At risk for liquidation. Corporation/LLC: Generally protected, but personal guarantees…
Selling Your Home During or After Bankruptcy In Georgia
Your Home and Bankruptcy in a Nutshell Considering selling your home can be a complex decision, especially if you’re simultaneously facing financial difficulties and contemplating bankruptcy in Georgia. Specifically: If you’re in Chapter 13, court…
Can I Keep My Bonuses and Tax Refunds in My Chapter 13 Bankruptcy Case in Georgia?
Yes, you can keep bonuses & tax refunds in Chapter 13 Bankruptcy (GA). Full repayment plans (100%) likely allow you to keep them. In partial plans, the trustee might require using them to pay the…
Can I Sell My Car After Filing Bankruptcy in Georgia?
Yes, You Can Sell Your Car After Filing Bankruptcy in Georgia (But There’s a Catch) Georgia’s bankruptcy exemptions allow you to sell your car after filing, but whether you keep the proceeds depends on your…