By Jeff Field | Published April 27, 2026 | Posted in Bankruptcy | Tagged Tags: automatic stay, repossession, vehicle repossession | Leave a comment
Can Personal Bankruptcy Prevent an Imminent Vehicle Repossession?
Repossession is always a risk when someone falls behind on the payments for their vehicle. Depending upon the terms of the purchase agreement, even a single missed payment can potentially spark immediate collection action. If someone knows that they’re in danger of losing their car or truck, they might wonder if filing for bankruptcy will Read More
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Does Every Bankruptcy Filer Receive an Immediate Automatic Stay?
Bankruptcy offers several distinct forms of financial relief and protection for filers. It can be a lifeline for individuals, married couples, self-employed professionals and small business owners who are overwhelmed by financial obligations, often due to factors outside of their control. Medical debts caused by a sudden health problem, untenable credit card balances following a Read More
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Can You Exempt a 401(k) in a Chapter 7 Filing?
Chapter 7 bankruptcy is often the best way for eligible individuals and married couples to take control of their debt. Many filers can complete the Chapter 7 bankruptcy process within a few months. While this legal process provides rapid financial relief for those facing aggressive collection efforts, filers could be required to liquidate assets in Read More
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What Types of Tax Debts Can Bankruptcy Address?
There are multiple taxes that people living in Georgia must pay. There are state and federal income taxes, sales taxes, taxes on specialty goods and property taxes. Both income taxes and property taxes can result in significant debt that individual filers may struggle to manage. As a general rule, most tax obligations are not eligible Read More
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