Chapter 13

Chapter 13 and Chapter 7 Bankruptcy: What is the Difference?

Whenever I do a new client consultation one of the first things I do is explain the difference between Chapter 13 and Chapter 7.  While the United States Bankruptcy Code provides for six distinct chapters of bankruptcy: Chapters 7, 9, 11, 12, 13 and 15, the two chapters that deal with an individual filing bankruptcy […]

What Questions Do They Ask At the Chapter 7 341 Hearing?

After a bankruptcy petition is filed, the Court will schedule a Creditors Meeting under Rule 341 of the Bankruptcy Code. While your creditors may appear, generally only the Trustee is present to ask you questions about your petition and decision to file bankruptcy. This examination is under oath and you should review your petition and […]

retirement, bankruptcy, atlanta, lawyer, law firm, retiree, 401k, pension, garnishment

Should Senior Citizens File for Bankruptcy?

Our firm works with many older clients who are facing both retirement and overwhelming debt.  Does it ever make sense for retirees to go bankrupt? For many seniors yes, but before you file that case you need to take into consideration a few points. If you don’t have any assets: 1. Stop paying your creditors. […]

loan modification Georgia

Loan Modification Scams

Now that the economy has rebounded, and consumers actually want to keep their homes, our office is seeing a surge in victims of loan modification scams.  Georgia consumers need to remember that there is NOTHING these companies do for you that you cannot do yourself.  All lenders have their own loan modification forms which you […]