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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…
What Does Chapter 7 Bankruptcy Cover in Athens, GA?
Most people file bankruptcy for reasons that are at least mostly beyond their control. High medical bills, which prompt about two-thirds of all bankruptcy filings in Georgia, are a good example. If you’re asking what…
How Often Can You File Chapter 7 Bankruptcy in Athens, GA?
Are you asking how often can you file chapter 7 bankruptcy in Athens, GA? Technically, there is no limit to the number of times a person can file a Chapter 7 liquidation bankruptcy. However, multiple…
How Does Chapter 7 Bankruptcy Work in Athens and Georgia?
Many people want to know more about Chapter 7 because the numbers simply don’t add up. When it comes to credit card debt, most financial planners use the 10 percent rule. If credit card debt…
How Long Does Bankruptcy Chapter 7 Last in GA?
If you need a fresh start right away, Chapter 7 bankruptcy is probably for you. From start to finish, filing many of these cases only last about six or nine months. Chapter 7 will stay…
What Is Chapter 7 Bankruptcy in Georgia?
This federal debt relief program gets rid of most unsecured debt, which is good news for many area families asking, What is chapter 7 bankruptcy? The average Georgia household has almost $9,000 in credit card…
Can I Keep My House in Chapter 7 Bankruptcy in Georgia?
Many people think they lose most of their assets when they file bankruptcy. After all, that’s what happens in Monopoly and some other board games. Fortunately, real life is not the same. Most people keep…
What’s the Difference Between Chapter 7 and Chapter 13 Bankruptcy in Georgia?
The different kinds of bankruptcy are for different kinds of debtors. But most debtors have at least one thing in common. They live close to financial disaster. Most Georgians do not have the cash to…
Can I File Chapter 7 Bankruptcy Again in Athens, GA?
Anyone may file Chapter 7 again at any time they please. However, subsequent filings might affect the Automatic Stay and debt discharge. The Automatic Stay prohibits utility shutoff, repossession, wage garnishment, foreclosure, and other adverse…
What Happens in Chapter 7 Bankruptcy in Athens, GA?
Most people have a general idea of what happens in a civil lawsuit, a divorce, or a criminal case. However, because the bankruptcy filing rate has been so low since 2008, not many people have…