By Jeff Field | Published April 28, 2025 | Posted in Bankruptcy | Tagged Tags: bankruptcy, chapter 7 | Leave a comment
Over the last decade or so, many of us have shifted more of our budget to subscription services, where a fee is automatically deducted from our credit card or bank account, usually on a monthly basis. This trend is probably most associated with home entertainment and music providers, such as Netflix, Hulu Amazon Prime and Read More
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There are many reasons why people love to travel even when they are dealing with financial challenges. In addition to the enjoyment of seeing new places, people might want to stay in touch with family members or assist a loved one during a medical crisis. Taking a trip can be costly though, so if you’re Read More
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Despite serious debt problems, some people are reluctant to seek bankruptcy protection because they are concerned about how filing might affect other areas of their life. An individual whose government or military position requires some form of security clearance may worry that obtaining financial relief could threaten their status at work. It’s important to know Read More
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Along with the traditional costs associated with owning a home, many people throughout Georgia and the rest of the United States also pay dues to a condominium or homeowners association (HOA). These groups are created to make residential communities better places to live by maintaining common areas and setting standards relating to home appearance and Read More
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A loved one’s passing is always sad, but there are instances where funds from an inheritance can relieve serious financial problems. However, a bequest could be more complicated than you think if you’ve recently filed for bankruptcy. If you’ve inherited, or will inherit, assets after seeking Chapter 7 bankruptcy protection, it’s important to understand how Read More
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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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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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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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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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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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