By Jeff Field | Published April 7, 2025 | Posted in Bankruptcy | Tagged Tags: bankruptcy | Leave a comment
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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Though the general purpose of bankruptcy protection remains the same, lawmakers and others frequently look for ways to make the system work better for debtors and creditors. Disruptions caused by the COVID-19 pandemic and concerns about the treatment of student loan debt have set the stage for several potential changes to bankruptcy law. With Americans Read More
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Financial difficulties often go hand-in-hand with marital problems. Going through both a bankruptcy and a divorce at the same time can be an overwhelming experience, as both legal processes involve major financial and emotional transitions. Handling them together adds complexity, but effective legal guidance can help protect your interests and keep you away from potential Read More
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