Bankruptcy filing rates are down overall, but four Georgia counties are among the top ten in the nation in terms of consumer bankruptcy filings. With 1,096 bankruptcy filings per 100,000 people, Clayton County (Jonesboro) is second only to Shelby County in Tennessee. The recession hit folks in Clayton County hard, as unemployment peaked at 13.5 […]
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Many people who work at Dobbins A.R.B., Moody A.F.B., Kings Bay N.S.B., or a company that supports these installations, put off necessary bankruptcy filings because they fear that such a move will result in the security clearance revocation. While financial problems may have an adverse effect, there is not a direct relationship between consumer bankruptcy
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If you are considering filing bankruptcy, you probably have many questions. Some questions which few sites answer can have a big impact. The Chapter 7 bankruptcy FAQs below can make a large difference in understanding the bankruptcy process and how your specific situation can fit into that process. Q: Will I be able to repair
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Why would anyone want to be in a Chapter 13 case that lasts forever? The mere thought of being in Chapter 13 for the rest of your life sounds crazy to most people. Who should want to be in a Chapter 13 that never ends? The answer to this question is………a person who has student loans
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As I got into my car early one morning to head to work, I noticed I had an unexpected little friend on my dashboard. I wondered to myself, “How in the world did this little guy end up in my car?” I had not left the car open all night. I had not left the
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Q: How can bankruptcy help people who are in foreclosure? A: Many people have homes that are currently in foreclosure. While bankruptcy is not something that every person in foreclosure should end up filing, the vast majority of people in foreclosure should at least consider bankruptcy as an option. There are advantages to filing both
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A Chapter 7 bankruptcy Rome GA is the most common form of financial relief for debtors. A Chapter 7 bankruptcy discharges all debt owed by the debtor, save for certain debts which are non-dischargeable. The Chapter 7 process is usually no longer than three to four months and debtors can normally keep their personal assets.
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Chapter 13 bankruptcy is a process where the debtor reorganizes their debt. It is different from a Chapter 7 for many reasons. The biggest difference is that Chapter 13 is a longer process and debts are repaid as opposed to immediately being discharged from your debts. There are numerous reasons why a debtor would file
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The Marietta Daily Journal reported today that May 2016 foreclosures continue the downward trend. Increasing house values have brought the foreclosure wave to an end. I’m seeing new neighborhoods going up all over Kennesaw. The paper states: The number of foreclosures in Cobb advertsised for the May auction is down by 87 compared to this
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The 11th Circuit missed the boat in the per curiam Slater decision. The doctrine of judicial estoppel should not apply in a bankruptcy case until a discharge has occurred. You may be asking yourself, “What the heck is judicial estoppel and why should I care?” Judicial Estoppel Defined The equitable doctrine of judicial estoppel, also
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