Blog

What is lien-stripping and how does it work?

May 19, 2020

Many homeowners have more than one mortgage or lien on their property. In some cases, given the fluctuating values of real estate, homeowners can owe more than their home is worth. This is especially the…

Read More

How the automatic stay in bankruptcy proceedings can help a filer get back on track

May 15, 2020

The automatic stay is one of the benefits to filing for bankruptcy. When someone files for bankruptcy, the court orders a stay on all attempts to collect debts from the filer. In part, the reason…

Read More

The steps for filing for a Chapter 13 bankruptcy

May 7, 2020

Filing for bankruptcy is not something that anyone should take lightly. The process is quite intensive. Chapter 13 bankruptcy is especially complex, because under this type of bankruptcy a filer will be required to pay…

Read More

How secured credit cards can help you build your credit

May 7, 2020

In the personal finance world, the words “credit card” often carry a negative connotation. Indeed, credit card debt is one of the top-cited reasons why people file for bankruptcy. Still, credit cards can actually be…

Read More
courtroom-898931_1920

What to expect when going to court for a Chapter 7 bankruptcy

It is natural for people to worry about what to expect when they go to court for their Chapter 7 bankruptcy’s “341 Meeting,” also known as the “Meeting of Creditors.” Concerns about a creditor or…

READ MORE
What is Strategic Bankruptcy?

What is Strategic Bankruptcy?

When many people hear the word bankruptcy, the first thing they think of is fear and despair. While the aftermath of bankruptcy will result in a period of change, it doesn’t have to be synonymous…

READ MORE
Mediterranean Mayhem: Understanding The Greek Crisis

Mediterranean Mayhem: Understanding The Greek Debt Crisis

International finance may be Greek to you, but national bankruptcies are surprisingly similar to personal ones. To understand the current financial crisis in Greece, it helps to think of the Greek nation as an individual…

READ MORE
Limelight Liquidation: 5 Shocking Celebrity Bankruptcies

Limelight Liquidation: 5 Shocking Celebrity Bankruptcies

From commercials to movie cameos to the many perks of fame, celebrities have no shortage of opportunities to make and keep money, yet many manage to go broke anyway. Dozens of stars have fallen from…

READ MORE
Bankruptcy Glossary

Read This: Bankruptcy Glossary

Even the most responsible borrowers can’t always repay their debts, so if you plan to start a business or obtain a mortgage, make sure to have an exit strategy. Bankruptcy can provide a way out…

READ MORE
workers' comp lawyers in Hartwell, Georgia

Chapter 11 Is a Great Option for Small Businesses That Are Looking To Reorganize Business Assets

Small businesses often struggle with finances, sometimes to the point that they must seek relief through bankruptcy. While there are three choices (Chapter 7, Chapter 13 and Chapter 11) a business owner may be able…

READ MORE

What Happens to My Mortgage After Bankruptcy?

Owning a home is a great achievement. Unfortunately, all of the hard work you have put into paying your mortgage may be at risk if you decide to file for bankruptcy in Georgia. What will…

READ MORE
401k

Why You Should Refrain from Withdrawing from Your 401K During a Hardship

We all face financial hardship at some point in our lives. One very common remedy sought out by those dealing with unexpected circumstances like a personal injury, work-related injury or medical bills is to borrow…

READ MORE
Filing for student loan bankruptcy with Morgan & Morgan Attorneys at Law P.C.

Student Loans and Claiming Bankruptcy

Student Loans are far and away the most difficult form of debt to erase. Bankruptcy filing is typically not an option for student debt unless debtors can clearly prove through a series of tests that:

READ MORE
get expert help from attorneys in Athens about obtaining a mortgage after filing for bankruptcy

The Proper Steps To Obtaining a Mortgage After Bankruptcy

Filing for bankruptcy is not the end of the world. Rather, it is the spark of a new beginning where you can rewrite your financial goals, erase large amounts of your debt and start afresh….

READ MORE