Recent Blog Posts

The most important factor in determining whether you qualify for Chapter 13 bankruptcy is your income. Your income must be somewhat predictable and high enough to make certain payments. Additionally, your debts must be below a certain level. You must be current on your income tax filings and you may not file if you are…

Homeowners throughout Georgia are finding themselves in difficult financial situations. If you are in danger of losing your home to foreclosure, you are probably considering every possible choice. Depending on your income, your assets and the amount of equity you have in your home, you have different options. Loan modification may seem like the easy…

Many people fear that bankruptcy will make it impossible for them to ever own a home again. This simply isn’t true. First of all, many people who are eligible for a Chapter 13 bankruptcy can keep the home that they are in now. This is what Chapter 13 debt reorganization is designed to do. You…

Student loan debt has swelled to an unmanageable size in the United States and it continues to increase. In 2015, total student loan debt in the US was estimated at nearly $1.2 trillion. Many people in Atlanta and throughout Georgia are having serious difficulty managing their educational loan payments each month. Unfortunately, it is almost…

While bankruptcy filings have dropped throughout the country in 2015 so far, they remain high in Georgia. In fact, according to The Association of Credit and Collection Professionals, Georgia had the fourth most filings per capita in the first six months of 2015. Across the United States, total bankruptcies in June were down about 6%…

Chapter 7 bankruptcy and foreclosure often go hand in hand. Mortgage debt is one of the most common causes of bankruptcy, so if you know you face foreclosure and also know you are planning on filing for bankruptcy protection, you must decide whether you will file for bankruptcy before or after the foreclosure. In most…

The rules and regulations contained in the Fair Debt Collection Practices Act (FDCPA) place strict limits on the individuals that debt collectors are allowed to contact about any debt you owe. In most situations, collectors and collection agencies are only allowed to communicate with you or your attorney. Collectors are even prohibited from leaving messages…

A common question for people in debt is when they should file for Chapter 7 bankruptcy. Often, filing for bankruptcy cannot wait for a specific time of year, as it often comes after a major, surprising life event such as unexpected medical bills. There are, however, a few ways you can time your bankruptcy to…

For the most part, bankruptcy provides you with a fresh financial start after you have become overwhelmed with debt. However, it will not necessarily wipe out all of your debts, so even after you have filed for bankruptcy protection, you may still have some issues with paying your creditors. Nondischargeable debts under Chapter 7 bankruptcy…

Most people understand the importance of maintaining good credit. But what exactly is a credit score and how can you help ensure yours falls into the best range possible? Your credit score is a three-digit number that offers a rating based on all of the information contained in your credit report. This document includes an…