The Atlanta Journal Constitution has recently reported that bankruptcy filings have dropped by eight percent this year but that does not mean that the economy is improving. You would think that with the stock market dropping and unemployment on the rise that bankruptcy filings would be climbing but not in this awful economy. It is […]
As a general rule, Chapter 13 bankruptcy protects you from repossession of your car. However, what happens if you just bought the car right before filing bankruptcy? The answer to this question in Northwest Georgia is that it depends on the facts of your case. For example, let’s say you bought a car six months […]
When you file Chapter 13 bankruptcy in Northwest Georgia, your financed car will be paid through the plan. For many debtors, this can drastically lower your monthly bills. Many bankruptcy clients have difficulty understanding that their car payment is included in the Chapter 13 plan. As a Northwest Georgia bankruptcy attorney, I love it when […]
Bloomberg News reports that Ray Guy’s three Super Bowl rings will be auctioned off in his bankruptcy case (click here to see to full article). The article reports that the rings are worth between $70,000.00 and $90,000.00. I’m no expert in jewelry valuation but it seems like a Super Bowl Ring would be worth a […]
Some debt collectors are a lot like alligators. As a bankruptcy attorney, you would not believe some of the stories that I hear from clients in Dalton, Dallas, Cartersville, and Rome, Georgia. I actually had one client tell me that the debt collector said that he was going to come my client’s house and take […]
I believe that the consumer bankruptcy world is going to be drastically affected by the federal debt ceiling crisis. As you have probably seen in most media reports, the United States will lose its AAA credit rating in the event of a default. Some are predicting that even if the debt ceiling is raised without […]