Some people just are not meant for Chapter 7 bankruptcy. However, even though their car won’t fit into the space, some people demand that their attorney file their Chapter 7 case anyway so that they can get their opportunity for a fresh start. A small number of people will meet with one bankruptcy attorney who […]
Chapter 7 Bankruptcy – Squeezing Into A Case Is A Bad Idea Read More »
I wish that I could tell you that the bankruptcy means test is logical, makes sense mathematically, and ends with a just result. However, the truth is that the bankruptcy means is not a product of logic. Its a product of politics that was created by Congress. As a consequence, sometimes the end result makes
Secret Georgia Law May Help You Pass the Bankruptcy Means Test Read More »
The Wall Street Journal recently reported that the federal government finalized an agreement worth as much as $26 billion with Ally Financial, Wells Fargo, Bank of America, Citigroup, and J.P. Morgan Chase and Co. The purpose of this agreement is to settle alleged foreclosure abuses by these lenders. On the surface, this appears to be
Government Settles Foreclosure Dispute With Five Major Banks Read More »
The American Banker reported this past week that JP Morgan Chase and Company has “ceased filing lawsuits to collect consumer debts around the nation, dismissing in-house attorneys and virtually shutting down a collections machine that as recently as nine months ago was racking up hundreds of millions of dollars in monthly judgments” (click here to
Garnishment & Collection Lawsuits in Georgia – JP Morgan Backing Off Read More »
Filing bankruptcy is a scary decision for some people who own a house in Georgia. The truth is that housing prices are extremely depressed so much in Georgia that almost no one needs to worry about the value of their house being too high. However, some people actually have homes where the mortgages have been
Bankruptcy and Exempting Equity of Your House in Georgia Read More »
The year 2012 is finally here and it is time to make new year’s resolutions. For some, filing bankruptcy is a great resolution. The new year is a good time to get rid of that nasty debt that is hanging over your head and won’t go away by itself. Some people think that the world
Bankruptcy – Should Filing Be a New Year's Resolution for You? Read More »
Almost all bankruptcy 341 meeting of creditors for the Rome division of the Northern District of Georgia are held in the Federal Building in Rome, Georgia. If you get lost on your way to meeting don’t bother asking the average person in Rome “Where is the Federal Building?”, “Where is bankruptcy court?” or “Where is
Bankruptcy – Directions to the 341 Meeting of Creditors in Rome Read More »
Almost every bankruptcy client I’ve met with that has student loans has been deferring payments for years before they come into my office. What is the problem with deferring student loan payments? The answer to this question is two powerful words – compound interest. When you defer your student loan payments, this interest is just
Bankruptcy – How Long Should I Keep Deferring My Student Loans? Read More »
Death stinks. Losing someone you love is just awful. I know this from personal experience. Can you imagine losing someone you love and then having bill collectors come after you for their debts? Its happening. I recently read an article in the Wall Street Journal about how debt collectors are now going after the families
Your Death Does Not Stop The Bill Collectors Read More »
When it comes to the subject of filing bankruptcy, there are a lot of “experts” who may say that you should never file under any circumstances. Any person who says that you should never file under any circumstances has either no idea what they are talking about or they are trying to sell you something.
My Response To Those Who Say You Should Never File Bankruptcy Read More »