fbpx

attorney

The Truth About Student Loans and Getting Rid of them in Bankruptcy

Most consumers facing bankruptcy also have student loans. With so much misinformation online on this topic, we cover the REAL facts about discharging student loans in bankruptcy. Under the current law, there are very few instances in which a debtor can use bankruptcy to discharge their student loans. It is also important to understand that it […]

How to Decide Which Chapter of Bankruptcy to File: Chapter 7 or Chapter 13?

Once you’ve decided that bankruptcy is the right solution for your financial situation, you will need to decide which type of bankruptcy is most beneficial. While there are many different “flavors” of bankruptcy available, the two chapters that apply to most consumers are Chapter 7 and Chapter 13. Choosing the Right Type of Bankruptcy In […]

Notice of Postpetition Mortgage Fees, Expenses, and Charges in Chapter 13 Bankruptcy Cases

Prior to 2011, many consumer would emerge from their Chapter 13 cases thinking they were debt free but instead would soon be hit with a foreclosure notice due to undisclosed and unpaid post-petition charges and fees. The rules were updated in 2011 so that debtors were provided ample notice of any changes to payment and/or […]

The Bankruptcy Process: What to Expect When you File Bankruptcy

  Making the decision to file for bankruptcy can be daunting. Once you decide that bankruptcy is the right choice for you make sure that you understand the process from start to finish. When filing for bankruptcy, there are a number of steps to take in order for your petition to be approved: 1. Your […]

Taking Out a Loan While You Are in a Chapter 13 Bankruptcy Case

Most Chapter 13 cases will run the maximum 60 month term. The problem is, in 5 years, you may need to get a new car or repair your home while you are in the bankruptcy case. The court will permit you to incur new debt for personal, family, or household purposes if it is necessary […]

Suspending Your Trustee Payments (Temporarily) While in Bankruptcy

A typical chapter 13 bankruptcy case requires that you make monthly payments to a chapter 13 trustee over the life of your plan. This plan could last anywhere from 36 to 60 months. Your plan may run less than that provided you pay off the debt in full. Unfortunately for many of our clients, during […]

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 […]

Call Now Button