By Jeff Field | Published May 6, 2014 | Posted in Georgia Bankruptcy | Tagged Tags: cosigning, filing bankruptcy | Leave a comment
Filing Bankruptcy to “Undo” the Mistake of Co-signing for Debt
Throughout our lives we will be faced with the opportunity to help out family and friends in need of financial assistance. A common way for people to achieve this is through co-signing on a loan. When you co-sign with someone else you make yourself equally liable for the debt with the co-borrower. If everything Read More
Read MoreHow to Manage Your Life and Your Money During Your Chapter 13 Bankruptcy
Congratulations! You’re probably wondering why anyone would be congratulating you for filing for bankruptcy. You’ve done yourself a favor by taking the first step in rebuilding your financial life, while at the same time freeing yourself of the stress of managing debt. As you know, Chapter 13 is a payment-based bankruptcy that can take three to five years Read More
Read MoreSpecialized Forms of Bankruptcy in Georgia
The three most common types of bankruptcy — Chapter 7, Chapter 13 and Chapter 11 — account for nearly all business and personal bankruptcy filings in Georgia and the rest of the United States. There are also several other types of bankruptcy available under the U.S. Bankruptcy Code that are less commonly used, but they Read More
Read MoreHow Can I Get Debt Relief from a Creditor who is Garnishing My Wages?
Although not all creditors can or will garnish your wages, when you owe debt, aggressive creditors can do so. They must follow a specific process, but unscrupulous creditors may take advantage of consumers who are unaware of their rights. Athens Chapter 7 bankruptcy lawyers keep you informed of your rights and protect you along the Read More
Read MoreWill I Be Taxed on my Foreclosed Home?
Many people worry about the tax ramifications of canceled debt and foreclosures when they consider filing for bankruptcy, and rightly so. No one wants to get the “fresh start” bankruptcy affords just to be hit with massive taxes the following April. However, when you receive a discharge of your debts in bankruptcy, you do NOT Read More
Read MoreWhat if Your Income Is Too High for Chapter 7 but Your Debt Is Too High for Chapter 13?
For individual debtors, Chapter 7 and Chapter 13 are the most common personal bankruptcy filings in Georgia and likely in every other state as well. Both types have certain eligibility requirements, and in some cases, people may not qualify for either. Chapter 7 eligibility requires petitioners to pass a means test that considers their income Read More
Read MoreConsumer Beware: Debt Consolidation Scams
Bankruptcy Individuals with overwhelming debt often feel desperate about finding financial solutions. Unfortunately, some people fall prey to companies engaged in debt consolidation scams. Such scams put the individuals further into debt and violate their rights under fair debt collection laws. Government cracks down on illegal collection activities Georgia residents who suspect they are victims Read More
Read MoreA “Heads-Up” On Payday Loans, (Or, You Can Never Be Too Careful Out There)
Scammers are ever-resourceful in finding a way to debit a bank account. The Federal Trade Commission (FTC) unearthed a $9.5 million scam involving online applications for payday loans. When a consumer applied for a loan on the scammer’s website, they were asked to provide personal and financial information including a bank account number. Near the Read More
Read MoreBudgeting Tips for After Bankruptcy
Budgeting is a preventative measure that can keep people from falling into debt. Sometimes unforeseen events lead to bankruptcy, such as divorce, illness or investment loss. However, in other instances, debt results from poor financial management. If poor financial management was a factor, it is important to avoid repeating the same mistakes. Budgeting is one Read More
Read MoreAvoiding Loan Modification Scams
The real estate and foreclosure crisis has taken an untold toll on the lives of many Georgia residents. Our state has been particularly hard hit and continues to wade through the recovery process. What adds to the difficulty is the number of scam artists who have surfaced trying to take advantage of those who are Read More
Read More- October 2026
- September 2026
- August 2026
- July 2026
- June 2026
- May 2026
- April 2026
- March 2026
- February 2026
- January 2026
- December 2025
- November 2025
- October 2025
- September 2025
- August 2025
- July 2025
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- June 2017
- May 2017
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- January 2015
- July 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- September 2013
- August 2013
- July 2013
- April 2013
Please fill out the form below and one of our attorneys will contact you.
