In the September 2018 edition of the American Bankruptcy Institute Journal, Ed Flynn writes an interesting article regarding “The Changing Profile of Chapter 7 Filers”.[i] By reviewing filing data on more than 650,000 Chapter 7 cases that were...
Read moreBankruptcy Internet services – avoid at all cost!
Recent observations by our firm of cases in the Augusta Division Bankruptcy Court, as well as information obtained from across the nation, have revealed increase in consumers who access the bankruptcy courts by way of Internet bankruptcy...
Read morePro Se Bankruptcy Filings Increase in the Southern District of Georgia
Since the beginning of 2018, our firm has noticed a significant increase in the number of pro se bankruptcy cases. Unfortunately, many of these cases are dismissed within the first 60 days for failure to adhere to the filing requirements imposed...
Read morePre-filing indications that your Chapter 13 case will not be successful
The Southern District of Georgia, which includes Richmond, Columbia and Burke County among others, usually ranks near the top of the other federal districts in the percentage of Chapter 13 cases which are filed. There are certain circumstances in...
Read moreHow to Lose an Asset in Bankruptcy Court Without Even Trying
While the primary goal of filing bankruptcy is to provide relief from debts, an equally important objective is the protection of all of a debtor’s assets. The Bankruptcy Code does allow for exemptions, which enable an honest debtor to protect...
Read moreFinance & Credit Trends to Avoid in 2018
At the beginning of the most recent century, both lenders and borrowers had developed many bad habits from a toxic combination of unrealistic optimism and immediate gratification. These bad habits led to a dramatic increase in bankruptcy for both...
Read moreSALES, TRANSFERS AND DEBT REPAYMENT: WHAT YOUR BANKRUPTCY ATTORNEY NEEDS TO KNOW
Previous articles from Leiden & Leiden have addressed the importance of accurate disclosure of financial information in the process of filing for bankruptcy. This is necessary because a fundamental component of the bankruptcy process is a...
Read moreTHE IMPORTANCE OF ACCURATE INCOME TAX RETURNS IN BANKRUPTCY
A fundamental component of any bankruptcy consultation is to review the state and federal income tax returns of a prospective client. Bankruptcy law requires that a debtor must be up to date in their income tax filings. Additionally, these...
Read moreWHAT IS A NON-DISCHARGEABLE DEBT, AND HOW CAN IT AFFECT MY BANKRUPTCY CASE?
When a consumer files a bankruptcy case, all of their debts must be identified and listed in their bankruptcy petition. The Bankruptcy Code requires that all of your creditors must be notified of the bankruptcy filing. However, just because a...
Read moreCOMMON QUESTIONS THAT BANKRUPTCY ATTORNEYS HAVE TO ANSWER FOR POTENTIAL CLIENTS
The decision to file a bankruptcy case can be very difficult. Unfortunately, circumstances beyond a consumer’s control may not leave any other options. But while a prospective bankruptcy client may only have one immediate concern – such as a wage...
Read moreWESTINGHOUSE BANKRUPTCY: WHAT WILL IT MEAN FOR PLANT VOGTLE WORKERS?
Many are wondering how the impending Westinghouse bankruptcy will affect those businesses with contractual ties to the company. Westinghouse is the company in charge of designing two new nuclear reactors at Plant Vogtle in Burke County. ...
Read moreLIFE AFTER BANKRUPTCY: SEPARATING FACT FROM FICTION
Even though they may need relief, many people delay the filing of a personal bankruptcy because they are concerned about the effect it will have on their credit going forward. Unfortunately, they often ignore the damage that has already been done...
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