Every bankruptcy case is unique. People owe different debts and experience financial hardship for unique and personal reasons. Job loss, medical issues and divorce are all among the commonly-cited reasons that people eventually file for personal bankruptcy. However,...
Bankruptcy
Things to know about bankruptcy and credit scores
It’s not uncommon for unexpected issues or life events to spark financial problems. If a member of your Georgia household experiences a health crisis, loses a job or has a car breakdown, it can take a heavy toll on the family’s finances. Sometimes, relief is necessary...
Rebuild your credit after bankruptcy
Taking advantage of debt relief tools to help resolve an immediate financial crisis is one thing. Restoring solvency is another. There are some people in Georgia who hesitate to implement financial options such as bankruptcy because they worry about ruining their...
Understand these terms before filing for bankruptcy
Navigating the legal system can be complex and stressful. Many people make the mistake of taking legal action without first researching the process they’re about to undertake. For example, if you plan on filing for bankruptcy in a Georgia court this year, it is in...
Has a Georgia creditor asked you to sign a debt reaffirmation?
In recent years, many Georgia residents and people throughout the country have encountered serious financial problems. Many businesses have gone under, and millions of people have dealt with unexpected medical bills due to health crises. Thankfully, valuable financial...
Bankruptcy requirements for alleviating tax debt
For Georgia residents and others, 2023 has been a turbulent fiscal year. You might be one of millions of people across the country who have endured serious health problems, loss of income or other financial crises in the past several years. You might also be among...
Did you receive a summons after filing for bankruptcy?
In Georgia, and throughout the United States, many people are struggling to stay afloat financially. If you’re among residents in this state whose total household income is below $40,000, you no doubt understand how difficult it can be to overcome even the slightest...
What is an automatic stay in bankruptcy?
Georgia residents and business owners will want to know what options are available to help them resolve debt. Some situations are more problematic than dire; for instance, a person might be struggling with credit card debt that is resolvable by adjusting spending...
Unveiling the mystery of Subchapter 5 bankruptcy
Many small business owners in Georgia are struggling to stay financially afloat as both global and domestic economies continue to fluctuate. In recent years, many small businesses closed, and some have been unable to recover after re-opening their doors. Chapter 11...
These debts are not dischargeable through bankruptcy
If you’re struggling to stay afloat financially, you are not alone; many Georgia residents and people throughout the country are currently experiencing similar issues. There are often debt relief options available, which can ease financial strain and help lay the...