“After filing bankruptcy in Georgia, will I be able to keep my four wheeler?” Last week, I was asked this question by a Rome GA bankruptcy client. In their situation, the four wheeler was their child’s toy that they drove around every day after school. The thought of taking it away from their child clearly […]
The Wall Street Journal reported today that GMAC and Bank of America restarted foreclosures that were previously frozen because of document concerns (Click here to read the full article). The Journal reports that Bank of America has reopened more than 100,000 foreclosure actions because it “had found no significant problems in its procedures for seizing […]
Any person who files for Chapter 13 bankruptcy should keep a folder with proof of all of their post petition mortgage payments. Mortgage companies will occasionally make mistakes and will accuse a bankruptcy debtor of missing mortgage payments when the payments were in fact paid on time. I recently had a Rome GA bankruptcy client […]
Can I file Bankruptcy in Georgia and keep all of my antiques? Just the other, I got this question from a Rome GA bankruptcy client. My response is, “It depends.” The Georgia statute that enables you to exempt property in bankruptcy allows you to keep up $5,000.00 worth of household furniture for a single resident […]
The Atlanta Journal and Constitution recently reported that Bank of America will temporarily stop foreclosures so that it has time to make sure all of their documents are in order. This past Friday, I received a call from a Chatsworth GA bankruptcy client who is wondering if this means their foreclosure scheduled for the first […]
Chapter 13 bankruptcy and tax refunds can be a tricky issue in Georgia. I recently received a call from a Dallas GA bankruptcy client who is near the end of his case but has never paid any of his tax refunds to the Chapter 13 Trustee as required by his specific plan. In Chapter 13 […]