Bankruptcy can be a good way to get rid of a lot of credit card debt or medical debt. But it will still have a bad impact on your credit. A Chapter 7 bankruptcy in Georgia and in other states can leave you with terrible credit for a minimum of 7 years. That may not seem like a bad thing compared to … [Read more...]
Can You File Bankruptcy Twice?
If you are struggling with debt and have previously filed a bankruptcy case, you might wonder if or how long you have to wait before you can file for bankruptcy again. Great news! You can file for bankruptcy as often as you like. However, the bad news is that there are time limits on how often you … [Read more...]
Bankruptcy and Divorce
There are few things as stressful as going through a divorce, but when you couple that with a need to obtain the financial clean slate that a bankruptcy action may provide, it may prove overwhelming. There are some things to consider when deciding whether, and how, a bankruptcy action … [Read more...]
How To Deal With Creditors
One of the most common events that pushes a person or couple to take the step of commencing a bankruptcy action is dealing with the harassing telephone calls of creditors and debt collection agencies. Although there are legal limits on what these individuals and companies can do to attempt to … [Read more...]
Chapter 13 Bankruptcy in Georgia
There are two common bankruptcy actions for an individual or couple who are overwhelmed by debt to pursue. One is a Chapter 7 action, where the debt is dischargeable and there is no plan to repay creditors, other than the debtors continuing to meet their obligations to secured creditors. There is an … [Read more...]