When you file Chapter 7 bankruptcy, you expect to wipe out your debts and get a fresh start. In some rare cases, HOA (Home Owners’ Association Dues) may prevent this fresh start because post petition HOA dues are not dischargeable. Before the Great Recession, most mortgage companies would foreclose on properties as soon as they […]
Chapter 7 Bankruptcy and the Nightmare of Future HOA Dues Read More »
Anyone who files either a Chapter 13 or a Chapter 7 bankruptcy must complete a credit counseling class within the 180 day period before the case is filed. In other words, if you took the class 181 days ago and now you want to file your case, you will need to take it gain. Your
How To Complete Your Bankruptcy Credit Counseling in Georgia Read More »
If your car was repossessed within 10 days of the filing of your case, Chapter 13 bankruptcy may help you get your back. Many Georgia consumers depend on their car to get them back and forth to work. Public transportation for all intents and purposes does not exist for 99 percent of the people who
Will Chapter 13 Bankruptcy Help Me Get My Car Back in Georgia? Read More »
The Atlanta Journal Constitution has recently reported that bankruptcy filings have dropped by eight percent this year but that does not mean that the economy is improving. You would think that with the stock market dropping and unemployment on the rise that bankruptcy filings would be climbing but not in this awful economy. It is
Bankruptcy Filings Drop But That Does Not Mean The Economy is Improving Read More »
As a general rule, Chapter 13 bankruptcy protects you from repossession of your car. However, what happens if you just bought the car right before filing bankruptcy? The answer to this question in Northwest Georgia is that it depends on the facts of your case. For example, let’s say you bought a car six months
Can Chapter 13 Protect the Car From Repossession If I Just Bought It? Read More »
When you file Chapter 13 bankruptcy in Northwest Georgia, your financed car will be paid through the plan. For many debtors, this can drastically lower your monthly bills. Many bankruptcy clients have difficulty understanding that their car payment is included in the Chapter 13 plan. As a Northwest Georgia bankruptcy attorney, I love it when
Georgia Bankruptcy Attorney on Financed Cars in Chapter 13 Read More »
Bloomberg News reports that Ray Guy’s three Super Bowl rings will be auctioned off in his bankruptcy case (click here to see to full article). The article reports that the rings are worth between $70,000.00 and $90,000.00. I’m no expert in jewelry valuation but it seems like a Super Bowl Ring would be worth a
Bankruptcy News – Football Great Ray Guy Auctions Super Bowl Rings Read More »
Some debt collectors are a lot like alligators. As a bankruptcy attorney, you would not believe some of the stories that I hear from clients in Dalton, Dallas, Cartersville, and Rome, Georgia. I actually had one client tell me that the debt collector said that he was going to come my client’s house and take
Some Debt Collectors Are A Lot Like Alligators Read More »
I believe that the consumer bankruptcy world is going to be drastically affected by the federal debt ceiling crisis. As you have probably seen in most media reports, the United States will lose its AAA credit rating in the event of a default. Some are predicting that even if the debt ceiling is raised without
Bankruptcy and the Federal Debt Ceiling Crisis Read More »
Based on a recent IRS ruling, bankruptcy will become a more viable option for some innocent spouses who have signed joint tax returns and then discovered that their spouse has committed some type of tax fraud. I’m excited by a blog post that Georgia bankruptcy expert Jonathan Ginsberg has written on this topic (click here
Some Georgia Bankruptcy Filers May Be Helped By New IRS Ruling Read More »