By Jeff Field | Published February 24, 2025 | Posted in Bankruptcy | Tagged Tags: chapter 13, chapter 7, child support | Leave a comment
Child Support and Bankruptcy
Overwhelming debt can force individuals into very difficult decisions. Fortunately, bankruptcy gives many people the opportunity to stop creditor harassment and relieve their financial burden. For some people, this comes through a Chapter 7 debt discharge, while others opt for a Chapter 13 repayment plan. However, not all debts can be addressed through a bankruptcy Read More
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Government Video Shows How a Chapter 7 Creditors Meeting Is Conducted
When people struggling with debt consider filing for Chapter 7 bankruptcy, the part of the process that often creates the most anxiety is the creditors’ meeting. This is sometimes referred to as the “341 meeting” based on the section of the Bankruptcy Code that discusses this conference. The good news is that these meetings, conducted Read More
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What Are Reasons that People Can Be Disqualified from Seeking Bankruptcy Protection?
Bankruptcy protection exists to assist individuals and businesses facing overwhelming debt. There are several different options available under the Bankruptcy Code, and almost anyone struggling to meet their financial obligations can find a path that helps them make a fresh start. However, not every filing is automatically approved. If you’re considering seeking debt relief through Read More
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Modifying a Chapter 13 Repayment Plan Due to a Medical Crisis
Chapter 13 bankruptcy requires filing parties to abide by a strict repayment schedule lasting three or five years. These plans are crafted carefully by taking into account a debtor’s income and recurring expenses. No one can be sure what the future holds though, and there are instances where a medical crisis or some other unexpected Read More
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Filing for Bankruptcy While You Live With Your Parents
Studies show that young adults, and even those who are not so young, are living with their parents at much higher rates than in previous decades. Researchers have attributed part of this trend to the aftereffects of the COVID-19 pandemic, but economic pressures play a key role as well. High living costs and a tough Read More
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How Can Holiday Gift-Giving Affect an Upcoming Bankruptcy Filing?
During the holiday season, it’s easy to get caught up in the gift-buying frenzy. Many people at all income levels end up spending more than they had originally planned. If you’re considering filing for bankruptcy, it’s essential to approach gift-giving thoughtfully. You might be inclined to splurge on one last round of presents before seeking Read More
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How Disposable Income is Calculated in a Chapter 13 Bankruptcy
Homeowners and others who have a steady income but have fallen behind on their financial obligations frequently file for Chapter 13 bankruptcy. This form of debt relief offers individuals the chance to stop harassment from creditors and catch up on what they owe based on a schedule lasting three or five years. Under Chapter 13, Read More
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Why Bankruptcies Are So Common Among Retired Professional Athletes
It’s no secret that numerous professional athletes earn significant salaries during their careers, with annual pay often reaching into seven, or even eight, figures. However, studies reveal that a surprising number of athletes face serious financial difficulties after retirement, with many filing for bankruptcy within just a few years of leaving the field. While we Read More
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Researchers Work to Reduce Bias in Bankruptcy Proceedings
Bankruptcy can be life-changing for people who are held back by debt that they are unable to repay without some help. Every person who legally qualifies for bankruptcy protection should be able make a fresh financial start. Unfortunately, researchers at MIT have found that bias on the part of trustees might be preventing some Black Read More
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Data Shows the Types of Household Debt Contributing to Bankruptcies in 2024
Burdensome debt is a reality for many American households. This is particularly true in Georgia, which has had one of the five highest bankruptcy rates in the United States over the past couple of years. Several types of household debt impose financial pressure on individuals and families. Understanding the specific obligations that threaten your well-being, Read More
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5.0/5.0Great process. Detailed communication provided resources for rebuilding. Would recommend!
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5.0/5.0
I had an excellent experience working with my bankruptcy attorney. From the very beginning, they were professional, knowledgeable, and compassionate. Filing bankruptcy can be overwhelming, but they took the time to explain every step of the process, ...
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5.0/5.0
I had a great experience using Jeff Field and Associates for filing my Bankruptcy. Everyone was very professional and helpful. Connie Adams was so knowledgeable and patient with all of my questions I’m so glad that I chose this law firm and would r...
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5.0/5.0
Great experience from start to finish. The process was smooth and stress-free, and Ms. Connie was amazing throughout—very helpful, professional, and supportive. I truly appreciate all the guidance and would highly recommend this firm.
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5.0/5.0
Great experience from start to finish. The process was smooth and stress-free, and Ms. Connie was amazing throughout—very helpful, professional, and supportive. I truly appreciate all the guidance and would highly recommend this firm.
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