Q: How can bankruptcy help people who are in foreclosure? A: Many people have homes that are currently in foreclosure. While bankruptcy is not something that every person in foreclosure should end up filing, the vast majority of people in foreclosure should at least consider bankruptcy as an option. There are advantages to filing both […]
A Chapter 7 bankruptcy Rome GA is the most common form of financial relief for debtors. A Chapter 7 bankruptcy discharges all debt owed by the debtor, save for certain debts which are non-dischargeable. The Chapter 7 process is usually no longer than three to four months and debtors can normally keep their personal assets. […]
Chapter 13 bankruptcy is a process where the debtor reorganizes their debt. It is different from a Chapter 7 for many reasons. The biggest difference is that Chapter 13 is a longer process and debts are repaid as opposed to immediately being discharged from your debts. There are numerous reasons why a debtor would file […]
The Marietta Daily Journal reported today that May 2016 foreclosures continue the downward trend. Increasing house values have brought the foreclosure wave to an end. I’m seeing new neighborhoods going up all over Kennesaw. The paper states: The number of foreclosures in Cobb advertsised for the May auction is down by 87 compared to this […]
The 11th Circuit missed the boat in the per curiam Slater decision. The doctrine of judicial estoppel should not apply in a bankruptcy case until a discharge has occurred. You may be asking yourself, “What the heck is judicial estoppel and why should I care?” Judicial Estoppel Defined The equitable doctrine of judicial estoppel, also […]
I have been seeing a lot of commercials on television asking viewers to call their Congressman to stop Puerto Rico from filing bankruptcy. I have an opposing view. I think Puerto Rico should be allowed to file for bankruptcy. The purpose of our modern bankruptcy system is to prevent economic slavery. Many people are shocked […]
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A Guide to Bankruptcy in Georgia
Helping People Get Out of Debt
