By Jeff Field | Published December 8, 2025 | Posted in Bankruptcy | Tagged Tags: disclosures, financial, Income, inconsistent | Leave a comment
Red Flags that Might Draw the Suspicion of a Bankruptcy Trustee
Once you file for bankruptcy under Chapter 7 or 13, the court will appoint a trustee to oversee your case. The trustee is responsible for ensuring fairness and accuracy so that the interests of creditors are protected. As part of their fiduciary role, they review and verify a filer’s financial disclosures, and can investigate if Read More
Read MoreGeorgia 2025 Median Income Amounts for the Chapter 7 Bankruptcy Means Test
The first step in determining whether Chapter 7 bankruptcy is the best solution for your debt problems is to see if you are eligible for this type of relief. Not everyone has the legal ability to discharge their debts. First, you must see if you qualify under the means test, which is a formula that Read More
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Can You Complete Your Chapter 13 Repayment Plan Ahead of Schedule?
Chapter 13 bankruptcy allows individuals to reorganize their debts and create a repayment plan that lasts three or five years. One key benefit is that it gives filers the chance to keep their homes while paying down what they owe to creditors. As long as they abide by the schedule set forth by the court, Read More
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What Documents Do You Need to Create a Chapter 13 Repayment Plan?
Even if you’re earning a steady income, you might find yourself sinking deeper into debt because what you take home cannot keep up with what you owe. Often this occurs when someone did not work for a period of time, or when they incurred an unexpected expense due to a medical condition, auto accident or Read More
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