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Chapter 11 bankruptcies are up 63 percent

December 31, 2018

Chapter 11 bankruptcies occur when companies file for bankruptcy in order to protect themselves from creditors and to restructure their debt into something more manageable. This process is overseen by a Federal bankruptcy judge. Usually,…

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Toys “R” Us not going bankrupt after all

December 27, 2018

In the early summer of 2018, one of the largest and most iconic toy stores shocked the world by closing almost all of its 800 stores. Toys R Us was already in Chapter 11 bankruptcy…

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Bankruptcies soar among the elderly

December 18, 2018

A 2018 study has shown that bankruptcies among the elderly have increased over the last several years at a significant rate. From 1991 to 2016, the study indicated that bankruptcies of people 65 and older…

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The easiest ways to save money after bankruptcy

December 12, 2018

Life after a bankruptcy can be a tough. Sure, the knowledge that your debts have been wiped out is good, but sometimes there is a sense of failure. There is also the fear that you…

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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…

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Why It's a Bad Idea to Tackle Your Credit Card Debt By Only Making Minimum Payments

If you have recently lost a job, and you have bills piling up, there are solutions. Whether you have recently started missing payments, or you are months behind, trying to pay off credit card debt…

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What Can I Do About Wage Garnishment?

A wage garnishment occurs when a court orders a portion of a person’s earnings to be withheld to satisfy a debt. When your wages are being garnished, the payroll department at your job will calculate…

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Can I Keep My Car When Filing For Bankruptcy?

If you are considering filing for bankruptcy, there are a number of factors to consider if you own a car and you want to keep it. How much you car is worth, and if you…

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What Should I Do If I Can't Afford My Child Support Payments?

Child support payments are a reality for many single parents but many people struggle with making these payments. If you are behind on your child support payments and are in debt because of it, there…

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How Long Can I Stay In My House After Foreclosure?

If you are facing possible foreclosure on your home, falling behind on your mortgage payments, or are already in the foreclosure process, you may be wondering exactly how long you can stay in your house…

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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…

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What a Social Security Disability Denial Means

If you’ve recently received a notice of denial for your Social Security Disability claim, then you’re not alone; in fact, it’s estimated that initial claims have a denial rate of around 65 percent. So, what…

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Why is Georgia a Bankruptcy Leader?

As the 2010s began, Georgia was infamous as the state hardest hit by bankruptcies, even in the midst of the recession. Today, while conditions have improved, Georgia is still one of the top states filing…

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Out with the Old! New Companies Forcing Companies Out

New, successful ventures are on the rise this year – and so are the older brands and companies getting ousted because of them. Here are the businesses teetering on the brink or getting ready to…

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