This economy is so bad that even the Los Angeles Dodgers have filed for bankruptcy (click here to read an article on Yahoo about this bankruptcy filing). Frank McCourt, owner of the Dodgers, is currently embroiled in a bitter divorce proceeding. Many speculate that the his divorce is a major factor in causing this bankruptcy […]
Economy Is So Bad That Even The Dodgers Have Filed For Bankruptcy Read More »
All bankruptcy debtors with cases filed in the Northern District of Georgia from Catoosa, Dade, and Walker Counties will have their 341 Meeting of Creditors heard at The Colonnade Center in Ringgold, GA. All Confirmation Hearings for cases filed in Northwest Georgia are heard at the Federal Building in Rome, GA. In most cases, debtors
Ringgold GA Bankruptcy – Meeting of Creditors Read More »
Some people believe that a Chapter 13 bankruptcy will be a miserable experience. The truth is that for most people, it’s a huge relief because it ends the pressure from your creditors. Below, I’ve listed the top seven ways your life will improve after you file Chapter 13 bankruptcy. 1. The phone calls from creditors
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In this post, I would like to give you two important tips for making your first meeting with your bankruptcy attorney go smoothly. When you meet with your bankruptcy attorney, you must have a firm grasp on your average monthly income. If you make the same amount of money on every paycheck you receive, this
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The Atlanta Journal has reported that former University of Georgia Football Coach Jim Donnan has filed for bankruptcy. He reportedly owes his creditors nearly $10,000,000.00. In addition, he owes the IRS about $300,000.00. I’ve read some comments where some Georgia fans are condemning him for choosing this course of action. Some will say that its
Former Georgia Coach Jim Donnan Files For Bankruptcy Read More »
June 30, 2011, is the last day you can appeal your property tax assessment in Rome, Georgia. The Rome News Tribune had an article about this topic on front page of today’s paper (click here to read it). The number one reason to appeal your tax assessment if the value is not accurate is that
Last Day to Appeal Your Property Tax Assessment in Rome Read More »
In Chapter 13 bankruptcy, who is this mysterious player called the Chapter 13 Trustee? The Chapter 13 Trustee is an attorney who is hired by the United States Bankruptcy Trustee to basically ensure that everyone is playing by the rules. In addition, the Chapter 13 trustee is the person who collects money from the debtor
Chapter 13 Bankruptcy – Who is the Trustee? Read More »
Many of my Chapter 7 bankruptcy clients in Northwest Georgia get the Chapter 7 bankruptcy trustee confused with the judge. At the 341 meeting of creditors, its not uncommon to hear a debtor answer a question with “yes your Honor” even though there is no judge at this hearing. Every single Chapter 7 case filed
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The front page of the June 7, 2011, issue of the Wall Street Journal reports that almost forty percent of homeowners who took out second mortgages on their homes “are underwater on their loans, more than twice the rate of owners who didn’t take out such loans.” (click here to view the article). Dealing with
Bankruptcy Can Relieve Second Mortgage Misery Read More »
When you file bankruptcy, you want to list every single debt you have in the entire world. Bankruptcy is your chance to wipe the slate clean and you want to clean it all. However, what happens when you forget to list something? What happens when some creditor from years ago comes out of nowhere and
Bankruptcy – What Happens If I Forget To List a Debt? Read More »