By Jeff Field | Published November 17, 2025 | Posted in Bankruptcy | Tagged Tags: bankruptcy, debts, misconceptions | Leave a comment
Can a Bankruptcy Threaten a Filer’s Professional License?
Many people who would benefit greatly from bankruptcy protection hesitate to seek relief because of misconceptions about the process and what it means. Bankruptcy is not a punishment, but a powerful legal tool used to help individuals and businesses whose debts have become unmanageable. People from all walks of life and every type of profession Read More
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What Happens to HSA Funds in a Chapter 7 Bankruptcy?
Many Americans rely on a health savings account (HSA) to help address their medical costs. An HSA allows participants in high-deductible insurance plans to accumulate money that can cover various medical expenses. These accounts are portable and do not expire at the end of the year. When HSA funds are used for qualified expenses, they Read More
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As Georgia Considers Legalizing Sports Betting, Researchers Probe Link to Higher Bankruptcy Rates
Since the Supreme Court cleared the way for states to legalize sports betting in 2018, a majority of jurisdictions have done just that. Georgia has not, though state legislators have discussed the possibility of a voter referendum on this subject in the next couple of years. Anyone who watches sports on television can recognize the Read More
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Saving Family Heirlooms in a Bankruptcy
Chapter 7 bankruptcy gives people with serious money problems the chance to discharge their non-exempt debts and make a new start without being hassled by creditors. This can be life-changing for many individuals and families. However, there is the possibility that certain assets owned by a Chapter 7 filer will be liquidated. This means that Read More
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Crowdfunding Campaign Proceeds Might be Liquidated in a Bankruptcy Proceeding
During medical crises and other periods of intense financial hardship, many families now turn to crowdfunding campaigns. Using popular websites such as GoFundMe and GiveSendGo, loved ones, friends and even strangers can contribute in order to help relieve someone’s debt burden. Of course, these efforts often fail to provide the full amount needed to pay Read More
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What Happens When a Creditor Violates the Automatic Stay?
Filing for bankruptcy protection is often the right solution for people faced with unmanageable debt. With the right guidance, a Chapter 7 or Chapter 13 proceeding might provide the long-term financial stability that you deserve. You also receive an immediate benefit that should make your life much easier. Once you file, the court issues an Read More
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What Happens To Your Timeshare Interest in a Bankruptcy?
Going through the bankruptcy process can be enormously beneficial if you find yourself unable to meet your financial obligations with no imminent relief in sight. Of course, discharging your debts through a Chapter 7 bankruptcy or establishing a repayment plan under Chapter 13 demands a thorough review of your existing assets. While many types of Read More
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Book Analyzes Data on Bankruptcy Filing Demographics and Causes Over the Last Decade
One of the biggest misconceptions people have when they’re considering filing for bankruptcy is that they’re all alone. Most of us are reluctant to discuss financial problems, even with friends and family members who are very close to us. A new book by three professors analyzes information regarding bankruptcy filings over more than a decade Read More
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Watch Out for Self-Proclaimed Bankruptcy Experts on TikTok
Reportedly 700 million videos are uploaded to TikTok each month. Much of what goes on the platform is designed to document a good time or get a laugh from the site’s users. However, there are millions of instructional and explanatory videos as well, on practically every subject. As many people rely increasingly on TikTok and Read More
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Professor Urges Passage of Federal Law to Protect Private Customer Information When Companies Go Bankrupt
Companies go bankrupt all the time, and when they do, assets can be sold so that creditors can receive payment on what they are owed. If a manufacturer has to sell inventory or fixtures as part of a Chapter 7 or 11 proceeding, it usually has little to no effect on third parties. However, for 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
I'm just finishing up 5 years of bankruptcy, and I honestly don't know how I would've done it without this Group. Everyone was super professional every time I reached out with questions, and they were always there to answer them. I eve...
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