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When Should I File Chapter 13 Bankruptcy in Athens, GA?
When creditors make unreasonable payment demands and/or threaten your family, you should at least consider filing bankruptcy. A voluntary bankruptcy petition is the only way for your family to get a fresh start away from…
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 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…
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 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…
Does Chapter 13 Affect Tax Returns in Georgia?
This frequently asked question opens one of the largest cans of worms in a Chapter 13 bankruptcy. It involves various complicated issues, mostly the nature of the bankruptcy estate and the aggressiveness and diligence of…
Does Chapter 13 Bankruptcy Cover Student Loans in Georgia?
Yes, Chapter 13 bankruptcy can cover student loans, but only if “undue hardship” can be proven. This makes the question of does Chapter 13 bankruptcy cover student loans complicated. Since they are government guaranteed, student…
Can I File Bankruptcy and Keep My Car in Athens, GA?
If you’re asking can I file bankruptcy and keep my car, the answer is absolutely! And that’s a good thing to know in these trying times. Because of the coronavirus pandemic, auto loan delinquency rates…