What to Expect on Your First Visit to a Bankruptcy Attorney
Meeting with a complete stranger to discuss sensitive financial issues can be awkward and emotionally distressing. Many of my clients from the CSRA have told me how they had to “work up their nerve” to make the first phone call to our office. While filing bankruptcy is designed to provide relief to troubled consumers, our […]
Signs That Your Small Business Might Be Headed for Bankruptcy
A previous blog addressed the warning signs for consumers who may be headed down the road towards bankruptcy. Small business owners are traditionally more reluctant to consider bankruptcy, as their business is not just a source of income, but usually represents a considerable investment in personal time, money and resources. As a result, small […]
Debt Management Plan and Debt Settlement Plan
WHAT IS THE DIFFERENCE BETWEEN A DEBT MANAGEMENT PLAN AND A DEBT SETTLEMENT PLAN? title loans orlando This is a question that arises fairly frequently when our firm discusses non-bankruptcy alternatives with prospective clients. The proliferation of television, radio and internet ads regarding these services inevitably causes confusion about the types of services, and what […]
FEDERAL GOVERNMENT ENACTS NEW PROTECTION FOR DISTRESSED HOMEOWNERS
Beginning October 1, 2012, there will be new protection for homeowners who are facing foreclosure. The change reflects an ongoing problem which has greatly affected Georgia homeowners, and prevented many of them from being able to prevent the foreclosure of their residences. Before addressing the change, a little background is in order. Georgia is […]
Beware of mortgage loan modification scams!
Click Here to Read More.
COMMONS REASONS WHY YOU MAY HAVE RECEIVED A BANKRUPTCY NOTICE
When a bankruptcy case is filed, the Clerk of Bankruptcy Court mails a notice of commencement to the Debtor (bankrupt), the Debtor’s attorney, the creditors of the Debtor, as well as other “parties in interest”. With the proliferation of corporate bankruptcies, and expected increase in the number of municipal bankruptcy filings, it will not be […]
White House Urges Congress to Address Treatment of Student Loan Debt in Bankruptcy
Acknowledging concerns by the public about the growing amount of student loan debt, the White House is urging Congress to reconsider the treatment of student loan debt in bankruptcy cases. To understand the importance of this push, it helps to address the history of student loan debt under the Bankruptcy Code. Student loan debt […]
Relief Available for Distressed Homeowners
RELIEF AVAILABLE FOR SOME DISTRESSED HOMEOWNERS UNDER SETTLEMENT EXECUTED WITH UNITED STATES ATTORNEY GENERAL AND UNITED STATES TRUSTEE PROGRAM After years of investigation into abusive mortgage practices of certain lenders by the United States Attorney General and United States Trustee, a settlement agreement was reached which hopes to provide some relief to distressed homeowners. The […]
Residential Homestead Exemption
On May 2, 2012, Governor Nathan Deal signed Senate Bill 117, which increased the residential homestead exemption in the State of Georgia from $10,000 to $21,500 for an individual debtor, and from $20,000 to $43,000 for a married debtor. Our office would like to thank our local legislators, Jesse Stone and Hardie Davis, for their […]
When Should You Consider Filing for Bankruptcy?
This is a common question that I am asked, sometimes by potential clients, but more often by friends and family of individuals who are in financial trouble, but don’t know at what point it is appropriate to make the recommendation to meet with a bankruptcy attorney. As most bankruptcy attorneys offer free consultations, with no […]