Search Site
Menu
Tag Archive
bankruptcy exemptions
1 - 4 of 4
Page 1 of 1

Is it Possible to Keep Some of Your Nonexempt Property in Chapter 7?

In a Chapter 7 bankruptcy, the appointed trustee collects and sells part of the debtor’s assets and then distributes the proceeds to creditors. However, Chapter 7 debtors are not left entirely destitute. Assets that the debtor is allowed to keep are called exempt property. In addition, a Chapter 7 debtor may be allowed to keep Read More

Read More

What Property Can You Keep When You File for Bankruptcy?

The myth that you lose everything if you file for bankruptcy is exactly that, a myth. In reality, bankruptcy filers in Georgia usually get to keep most or all of their important items by declaring them exempt from creditors under state law. If an item qualifies for an exemption, the item cannot be taken by Read More

Read More

What Happens in Chapter 7 if There’s Too Much Equity in Your Home?

Most Georgia bankruptcy filers prefer taking the Chapter 7 route because it results in discharging outstanding debts while allowing debtors to keep most or all of their property. However, you shouldn’t assume Chapter 7 is the right fit for you. There are several factors to consider first, including your income, your expenses and whether you Read More

Read More

5 Bankruptcy Myths That Keep People from Seeking Debt Relief

Far too many people continue struggling with debt because they are afraid of how bankruptcy might affect them in the future. There are all kinds of myths out there about how bankruptcy means you lose everything and leaves you with terrible credit that can never be repaired. In reality, bankruptcy’s bad reputation is based on kernels Read More

Read More
1 - 4 of 4
Page 1 of 1
Videos
Our Attorneys
Client Reviews
  • google
    5.0/5.0

    Best lawyers I ever work with thanks Jeff field & associates

    Read more

    Shawn Birch

  • google
    5.0/5.0

    I was very pleased with his service...he made it easy and very helpful

    Read more

    Amber Tatom

  • google
    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!

    Read more

    Katherine Green

  • google
    5.0/5.0

    Very quick and work with all clients on getting out and starting a new.

    Read more

    Tyler Tillery

  • google
    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.

    Read more

    Janet gossage

See all reviews
Contact us

Please fill out the form below and one of our attorneys will contact you.

Quick Contact Form