The recent rise in used car prices will impact both Chapter 13 and Chapter 7 cases in Georgia. The Wall Street Journal recently reported that “prices for used cars hit a record high in April and are poised to go even higher as production cutbacks during the recession and the more recent Japanese earthquake has […]
If your house was damaged and you intend on filing a claim with your insurance company, the first step is to speak with the insurance adjuster. They will come to your house and give you an estimate as to how much it will cost to fix it. The next step is for you to find […]
A financial tornado can be devastating. The good news is that you can recover from it. April 2011 was a disaster for Northwest Georgia. I’ve lived in Georgia almost all of my life and I’ve never seen anything like it. Large Oak Trees that have stood for over 100 years were literally ripped out of […]
April 2011 has been a rough weather month for Northwest Georgia. Last night, Rome was under a tornado warning. The Rome News Tribune reports that over 30,000 people are without power. Floyd County schools are closed today because of the power outage. The Cartersville Daily News Tribune reports that Grassdale Road got hit pretty hard […]
During the past few weeks in Dalton, Georgia, I’ve seen an increase in Chapter 13 bankruptcy issues. Perhaps it is the struggle of the Dalton carpet industry that is the source of these bankruptcy issues. Maybe it is the high unemployment rate in Dalton and the large number of foreclosures that have taken place in […]
One of the scariest things about Chapter 7 for many debtors is the fact that a trustee may choose to put your house on the market to see if she can recover money for your creditors. As a general rule in Georgia, if you have less than $21,500 equity in your house and you are […]