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How Much Does Chapter 7 Bankruptcy Cost in Georgia?
Court filing fees to file a Chapter 7 Bankruptcy usually run about $350. Additionally, many people work with bankruptcy petition preparers. These individuals usually charge negligible professional fees in addition to the filing fee. However,…
How Often Can You File Chapter 7 Bankruptcy in Athens, GA?
Theoretically, people can file Chapter 7 bankruptcy as many times as they want. However, subsequent filings have limited effects, both on the Automatic Stay and debt discharge. Typically, a subsequent Chapter 7 has a full…
How Long Does Chapter 7 Bankruptcy Last in Athens, GA?
In as little as about nine months, Chapter 7 bankruptcy gives honest, yet unfortunate debtors a fresh start, as the Supreme Court has guaranteed so many times over the past hundred years. So, this vehicle…
Who Qualifies for Chapter 7 Bankruptcy?
Most people qualify for debt elimination bankruptcy. The 2005 Bankruptcy Abuse Prevention and Consumer Protection Act introduced an additional hurdle, the means test, which is discussed below. Frankly, Congress intended the means test to dissuade…
How to File Chapter 7 Bankruptcy in Georgia
Many people who never considered bankruptcy before now see Chapter 7 as a legitimate option. That’s largely because the Supreme Court has eroded some key protections in the Fair Debt Collection Practices Act. Therefore, creditors…
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 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,…
The importance of making sure you include all debts in a Georgia bankruptcy petition
Filing for Chapter 7 bankruptcy should provide the filer with a new beginning. However, if certain mistakes are made along the way, filers may find that some of their debt survives the bankruptcy. In such…
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….
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