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How Long Does Chapter 13 Bankruptcy Take in Georgia?
Most people in Georgia file bankruptcy because, through no fault of their own, their finances are spiraling out of control. In three or five years, Chapter 13 bankruptcy helps these people regain control. The bankruptcy…
How Long Does Chapter 13 Bankruptcy Take in Georgia?
Depending on your income level, Chapter 13 lasts either three or five years. The filing usually stays on your credit record for an additional two to four years. A lot happens during these time periods….
How Does Chapter 13 Bankruptcy Work?
Chapter 13 Bankruptcy is also known as the wage-earner plan. Essentially, when debtors file their voluntary petitions, they are saying “I have too many debts to pay all at once and I need to start…
What’s the Difference Between Chapter 7 and Chapter 13 Bankruptcy?
When players file bankruptcy in Monopoly, it’s the end of the game. But when debtors file bankruptcy in real life, they get a fresh start. In Monopoly, there is only one kind of debt (real…
How Much Does It Cost to File Bankruptcy in Athens?
As of January 1, 2020, bankruptcy filing fees are typical $310 for a Chapter 13 and $335 for a Chapter 7. These fees might be slightly higher in some jurisdictions. Trustees (people who oversee cases…
The steps for filing for a Chapter 13 bankruptcy
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…
The differences between Chapter 7 and Chapter 13 bankruptcy for Georgia filers
Dealing with financial stress on a long-term basis takes its toll. Filing for a Georgia bankruptcy may be an excellent option for those facing constant financial pressures. Unfortunately, the term “bankruptcy” has a negative connotation,…
Privacy considerations in bankruptcy cases
Many people facing the prospect of filing a personal bankruptcy are concerned about the loss of privacy that could occur when their financial affairs become a matter of public record. This is a reasonable concern….
What is the role of Bankruptcy Trustee?
A person who files bankruptcy will likely never meet or speak with the countless people involved in their bankruptcy, such as their creditors and, in most cases, the Bankruptcy Judge assigned to their case. However,…
Can I Get my Possessions Back after I file for Chapter 13 Bankruptcy?
The decision to file for bankruptcy is never easy. People who are months behind in car payments, mortgage payments, owe back taxes, or other, similar financial hardships may find that filing for Chapter 13 bankruptcy…
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