By Jeff Field | Published October 14, 2024 | Posted in Bankruptcy | Tagged Tags: exemption, Georgia law, homestead | Leave a comment
Can You Keep Your Cell Phone if You File for Bankruptcy?
For must of us, our cell phone is an essential part of our daily lives. Even if we wish we spent a little less time checking them, these devices keep us in touch with others, while also providing information and entertainment. When someone is facing severe financial hardship, they might want to eliminate their nonexempt Read More
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How the Georgia Motor Vehicle Exemption is Applied in a Chapter 7 Bankruptcy
Throughout Georgia, and elsewhere in the United States, one of the biggest concerns for people who are considering filing for Chapter 7 bankruptcy is whether they will be able to maintain ownership of their car or truck. Each situation is unique, but Georgia law does include substantial exemptions for vehicles and other types of assets, Read More
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Proposal Seeks to Give Cannabis-Related Businesses Access to Bankruptcy Protection
The cannabis industry has experienced explosive growth in recent years as more states legalize both medical and recreational marijuana. In Georgia, some medical use is allowed and several of the state’s largest cities, including Atlanta, have passed decriminalization measures. However, this burgeoning sector faces unique challenges, including limited access to traditional banking services and the Read More
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FTC Warns Consumers About Credit Repair Scams
Credit repair scams typically involve companies that claim they can remove negative information from your credit report, even if that information is accurate. They often require upfront payment for their services and may even advise you to dispute legitimate debts or create a new credit identity, both of which are illegal. In recent years, the Read More
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Social Media Discretion is Important During the Bankruptcy Process
In today’s digital age, social media has become a pervasive part of our lives, giving us the ability to share everything from personal milestones to daily activities with people around the world. However, when going through a bankruptcy, maintaining discretion on social media is not just advisable but crucial. Missteps in this area can have Read More
Read MoreGiuliani’s Bankruptcy Case Shows Importance of Full Disclosure
After a Georgia defamation lawsuit resulted in a $148 million verdict against him, former New York City Mayor Rudolph Giuliani sought bankruptcy protection, claiming that he lacked the resources to pay the judgment and other debts. The fact that he owes such a large amount of money makes it easy to understand why he sought Read More
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Americans’ Total Medical Debt Estimated at $220 Billion
Nothing is more important than your health. Unfortunately, individuals across the country often are forced to sacrifice their financial stability in order to ensure their physical well-being. If you or someone you love cannot see a way to overcome your healthcare debt, it is time to talk to an experienced bankruptcy attorney. The total amount Read More
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Inflation Cited As Factor As Bankruptcies Increase
If you’ve felt extra financial pressure over the past couple of years, you’re not alone. Data from 2023 shows that bankruptcies are on the rise in the United States. While multiple factors have contributed to this increase, one significant driver is the persistence of inflation following the COVID-19 pandemic. As prices for essential goods and Read More
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Debt Issues Leading More Seniors to File for Bankruptcy
In recent years, there has been a notable increase in the number of seniors filing for bankruptcy across the United States. This trend underscores the financial challenges faced by older adults and highlights the complexities of planning for retirement amidst economic uncertainties. Traditionally, many individuals in their sixties and beyond could rely on pensions that Read More
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Allegations of Self-Dealing Complicate Red Lobster Bankruptcy
After successfully emerging from a Chapter 11 bankruptcy proceeding filed in 2020, Red Lobster is once again seeking protection from creditors. Many potential causes have been cited for the financial troubles afflicting the popular chain of seafood restaurants. Numerous mid-priced competitors have experienced similar problems maintaining their customer base while “fast casual” brands, such as Read More
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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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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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