By Jeff Field | Published October 15, 2015 | Posted in Georgia Bankruptcy | Tagged Tags: 401(k), filing bankruptcy, retirement savings | Leave a comment
What Happens to a 401(k) When You File for Bankruptcy?
When you have worked for so many years to build up your retirement savings, the last thing you want is for creditors to come after your 401(k) account if you file for bankruptcy. . Fortunately, whether you file a Chapter 7 or Chapter 13 bankruptcy case, your 401(k) account is considered to be a protected Read More
Read MoreConverting a Bankruptcy Proceeding from Chapter 13 to Chapter 7
If you are unable to afford your payments under a Chapter 13 bankruptcy repayment plan, you may have the ability to convert your case into Chapter 7 bankruptcy instead, unless you already received a Chapter 7 discharge at any time in the last eight years. The process of converting your case is relatively simple; however, Read More
Read MoreImplications of the SCOTUS Ruling in Wellness International vs. Sharif
On May 26, the U.S. Supreme Court issued a ruling in Wellness International v. Sharif, a case that will have major implications for bankruptcy law throughout the nation. The court decided Article III does not prevent judges in bankruptcy cases from issuing final judgment on claims that only attempt to augment the bankruptcy estate and Read More
Read MoreMay a Same-Sex Couple Married Outside of Georgia File for Bankruptcy Together in the State?
Until recently, same-sex couples married legally outside of Georgia would not have had the right to file a joint bankruptcy petition in the state. But when the Supreme Court struck out Section III of the Defense of Marriage Act (DOMA) in June 2013, many of the barriers for married same-sex couples in bankruptcy and estate Read More
Read MoreWhat is a Deed in Lieu of Foreclosure?
The government has established a number of programs to help distressed homeowners who are late on their payments, who are underwater on their mortgage, who are unemployed or who need assistance to refinance their home. The government describes these programs in detail at the website www.makinghomeaffordable.gov. All of these programs seek to help homeowners dealing Read More
Read MoreFiling Bankruptcy to “Undo” the Mistake of Co-signing for Debt
Throughout our lives we will be faced with the opportunity to help out family and friends in need of financial assistance. A common way for people to achieve this is through co-signing on a loan. When you co-sign with someone else you make yourself equally liable for the debt with the co-borrower. If everything Read More
Read MoreSpecialized Forms of Bankruptcy in Georgia
The three most common types of bankruptcy — Chapter 7, Chapter 13 and Chapter 11 — account for nearly all business and personal bankruptcy filings in Georgia and the rest of the United States. There are also several other types of bankruptcy available under the U.S. Bankruptcy Code that are less commonly used, but they Read More
Read MoreHow Can I Get Debt Relief from a Creditor who is Garnishing My Wages?
Although not all creditors can or will garnish your wages, when you owe debt, aggressive creditors can do so. They must follow a specific process, but unscrupulous creditors may take advantage of consumers who are unaware of their rights. Athens Chapter 7 bankruptcy lawyers keep you informed of your rights and protect you along the Read More
Read MoreAvoiding Loan Modification Scams
The real estate and foreclosure crisis has taken an untold toll on the lives of many Georgia residents. Our state has been particularly hard hit and continues to wade through the recovery process. What adds to the difficulty is the number of scam artists who have surfaced trying to take advantage of those who are Read More
Read MoreShould I Reaffirm a Debt in a Chapter 7 Bankruptcy Proceeding?
You may have heard that you can “reaffirm” a debt in a Chapter 7 bankruptcy proceeding. The decision whether or not to reaffirm a debt is a delicate one, and best undertaken only with the assistance of a qualified Athens Chapter 7 bankruptcy lawyer, as it will affect your legal rights and obligations. First of Read More
Read More
-
5.0/5.0Best lawyers I ever work with thanks Jeff field & associates
-
5.0/5.0
I was very pleased with his service...he made it easy and very helpful
-
5.0/5.0
During my hardships, Jeff Fields & Associates made me feel not judged and made the whole process stress free. They are the best!
-
5.0/5.0
Very quick and work with all clients on getting out and starting a new.
-
5.0/5.0
Thank you Field and Associates for the ease and the professional advice and filing of my bankruptcy. I will recommend you to all family and friends that find them selves in the same position I was in.
Please fill out the form below and one of our attorneys will contact you.
