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Ch 7

Bankruptcy – Chapter 13 and Chapter 7 – Can I Get Rid of Payroll Taxes?

A person cannot wipe out payroll taxes in Chapter 13 or Chapter 7.  Payroll taxes are not considered property of the business.  The business is considered to have held the payroll taxes in trust for the government.  Failure to pay payroll taxes will be treated as a nondischargeable debt. Using payroll tax money for any

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Should I File Bankruptcy or Short Sale My House in Georgia?

If you’re facing financial difficulties and struggling to keep up with your mortgage payments in Georgia, you’re likely weighing your options. Two common paths are filing for bankruptcy or pursuing a short sale. The right choice depends on your financial situation, long-term goals, and whether or not you want to keep your house. Let’s explore

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Foreclosures in Northwest Georgia Drop Twenty Five Percent this Month

As I looked through the number of foreclosure advertisements in various local papers this month, I have noticed a twenty five percent drop from January 2010 to February 2010 in some counties.  I don’t know if this is just a local trend or a national trend.  The number of foreclosures in January 2010 was unusually

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