By Jeff Field | Published December 10, 2018 | Posted in Personal Bankruptcy | Tagged Tags: Chapter 20 filings, filing more than one bankruptcy, limit to bankruptcy filings in Georgia | Leave a comment
How Many Times Can You File for Bankruptcy in Georgia?
For many people, some tough breaks can negatively affect their finances for the long term. Although filing for bankruptcy protection may help, they may find the need to file a second or subsequent time if their financial struggles continue. If you find yourself in this situation, the good news is that you can file for Read More
Read MoreCan You File for Bankruptcy Due to Medical Bills?
According to a 2013 report by CNBC, medical debt is the number one reason why individuals and families need to file for bankruptcy in the United States. That year, “medical bankruptcy” affected about 2 million people, many of whom had health insurance when they suffered the illness or injury that caused their financial struggles. While Read More
Read MoreCan You File for Bankruptcy on Student Loans?
For the past four decades, a general rule when filing bankruptcy was that you could not discharge debts for student loans. While this is still usually the case, there may be some situations in which it is possible to discharge these debts as part of a bankruptcy filing. Borrowers must demonstrate that their student loan Read More
Read MoreRedeeming Property in Chapter 7
Bankruptcy is intended to provide individuals with a fresh start. 11 USC 722 of the Bankruptcy Code provides one potentially valuable tool that Jeff Field & Associates can help you utilize to obtain your fresh start. Under 11 USC 722 of the Bankruptcy Code, which is available only in chapter 7 bankruptcy, you may redeem Read More
Read MoreCan Unlisted Debts Still be Discharged in my Chapter 7 Bankruptcy?
Are Unlisted Debts Discharged in Chapter 7 Bankruptcy? There are two factors that determine if unlisted debt can be discharged in a Chapter 7 bankruptcy When you file for Chapter 7 bankruptcy, it is your responsibility as the Debtor to list all of your debts to the best of your knowledge. Any unlisted debts are Read More
Read MoreTiming Matters When Determining Dischargeability of Tax Debts
Income taxes are dischargeable in bankruptcy under certain circumstances. The three main rules of dischargability are as follows. First, the tax must be for a tax year for which a return was due (including any extension) at least three years prior to the date of filing (the “three-year rule”). Second, the tax must have been Read More
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