COMMON MISTAKES THAT PRO SE DEBTORS MAKE IN CHAPTER 13 CASES
The attorneys at Leiden & Leiden have noticed an increase in “pro se” bankruptcy filers in the Augusta Division of the Southern District of Georgia over the last year. Filing a case “pro se” means that the debtor is doing it without the assistance of an attorney. The Bankruptcy Code does not require that a […]
OVERLOOKED CAUSES OF FINANCIAL DISTRESS
Our website at Leiden & Leiden has previously described the most common causes of financial distress which may lead to bankruptcy. Among those causes are divorce/separation, unemployment/underemployment, health issues and mismanagement. However, there are other, less common causes of financial distress that we have noticed in our consultations with CSRA residents which can trigger a […]
Debt Settlement: How It Works and Risks You Face
https://www.nerdwallet.com/article/finance/how-does-debt-settlement-work?trk_channel=web&trk_copy=Debt%20Settlement%3A%20How%20It%20Works%20and%20Risks%20You%20Face&trk_element=hyperlink&trk_elementPosition=2&trk_location=PostList&trk_subLocation=next-steps
When Bankruptcy Is the Best Option
https://www.nerdwallet.com/article/finance/bankruptcy-best-option
10 things debt-settlement companies won’t tell you
https://thehill.com/opinion/education/566932-unlike-free-college-discharging-student-loans-in-bankruptcy-is-a-great-idea
THE HIDDEN RISKS OF DEBT SETTLEMENT PLANS
As the government support received during the pandemic begins to diminish, and lender/creditors resume their regular collection activity, many consumers may consider enrolling in a debt settlement plan. Unfortunately, the sales hype about these plans rarely match the intended results. Part of the problem is that some debt settlement companies fail to disclose their fees […]
MANAGING YOUR FINANCES DURING AND AFTER THE HOLIDAYS
The economy has improved greatly in the last year after Covid upended our normal way of life. Growing consumer confidence and higher wages are fueling the surge. Unfortunately, supply chain issues are reducing inventory, which means that goods will be more expensive than they have been in the past. As a result, holiday shopping will […]
IF A CREDITOR HAS A JUDGMENT AGAINST ME, CAN THEY TAKE MY SOURCES OF INCOME?
As courts have resumed their normal operations, many debt collection lawsuits that were pending prior to Covid, or filed after Covid, have now gone to judgment. One of the methods for a judgment creditor to collect the money owed on the judgment is to garnish sources of income. However, there are many sources of income […]
Minimizing or Eliminating “Collateral Damage” From a Bankruptcy Filing
While your financial circumstances may make a bankruptcy filing inevitable, there are still issues to consider beyond the relief that the bankruptcy court can provide. While the main focus of a bankruptcy consultation with Leiden and Leiden is to assess your financial problems and discuss the available bankruptcy options, another goal is to address any […]
Unlike free college, discharging student loans in bankruptcy is a great idea
https://thehill.com/opinion/education/566932-unlike-free-college-discharging-student-loans-in-bankruptcy-is-a-great-idea