Title Pawning Loans As a Georgia bankruptcy attorney, I hate title pawning loans. Title pawning loans and Chapter 13 bankruptcy can be a little bit tricky because some potential clients will lose all of their ownership interest in their vehicle before a case can be filed to protect them. For example, let’s say you have […]
Truth About Title Pawning Loans and Bankruptcy Read More »
Since Halloween is just around the corner, I thought this might be a good time for me write about a possible Chapter 13 horror story. Chapter 13 plans typically run for about three to five years. During this time, it is possible that you or your spouse may lose their job. In almost every Chapter
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Some buildings in Georgia are in such bad shape that it makes more sense to tear them down and completely rebuild from the ground up rather than trying to make repairs. In the same way, many Georgia consumers are in such bad shape financially that it makes the most sense to go ahead and file
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As a general rule, you cannot add any debt that has been incurred after the filing of a Chapter 13 to a case. A person who goes out and buys a car while being in an active bankruptcy case is going to get into some serious hot water. Taking out loans from local finance companies
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The Rome News Tribune recently ran an article describing the economic mess in Dalton, Georgia. Dalton has been known as the “Carpet Capital” of the world. The newspaper reports that Dalton has “lost more jobs per capita than any other in the U.S.” It doesn’t get any worse than this. Four thousand six hundred jobs
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Rising gas prices are are hitting people hard in Northwest Georgia. Going to the gas station is a frustrating experience when you see that price going higher and higher every time you go to the pump. Who do we blame for this? Whose fault is it? The Rome News Tribune recently published a good article
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On rare occasions, a potential bankruptcy client will say something that makes me fall out of my chair. Having spent four years of college in New York City, it is fairly difficult to shock me. However, misuse of student loans are one of those things that make me fall out of my chair. Why? First,
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The Atlanta Journal and Constitution reports a former NFL player of the year and Baltimore Ravens running back Jamal Lewis filed for bankruptcy. The Journal reports that Mr. Lewis listed $14.5 million dollars in assets and 10.6 million dollars in debts in his bankruptcy petition. Click here to review the entire bankruptcy petition. The Journal
Jamal Lewis Files Bankruptcy in Atlanta Georgia Read More »
Some local governments across the United States are turning to bankruptcy to help them deal with financial pressures brought about by this awful economy. The Wall Street Journal reports that there is a growing fear among creditors that city governments will file bankruptcy not out of necessity but as a strategy. The Journal reports that
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Do you remember when Mike Tyson bit off a chunk of Evander Holyfield’s ear? That was a bad day for Mr. Holyfield but this week might have been worse. Evander Holyfield said that he always thought he would be able to save his 54,000 square feet mansion on 235 acres in Fayette County, Georgia with
Could Chapter 13 Have Saved Holyfield’s House From Foreclosure? Read More »