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Chapter 13 bankruptcy
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How Much Does it Cost to File for Bankruptcy?

If you are contemplating bankruptcy, you’re probably wondering how much it costs. You’re probably worried about how you’ll be able to pay for an attorney, too. Bankruptcy costs in Georgia are actually quite affordable and legal fees can usually be managed if the attorney is reasonable. Court filing fees are among the initial costs of Read More

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What Happens to Assets You Receive While Going Through Chapter 13?

A Chapter 13 bankruptcy allows you to reorganize your debts and partially pay them off according to a court-approved plan, which can last three to five years. That plan is based on your assets and projected monthly income and how much of those resources you can devote to debt repayment. But what if you receive Read More

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The Automatic Stay in Bankruptcy: Knowing its Limits

Bankruptcy offers a number of protections for people facing overwhelming debt. One of the most important is the automatic stay that takes effect once you have filed. In general, it stops your creditors from taking action to collect debts and also halts lawsuits and most other legal proceedings against you. The stay remains in place Read More

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Obtaining a Mortgage Loan Modification as Part of Chapter 13 Bankruptcy

Lear how to obtain a mortgage loan modification as part of Chapter 13 Bankruptcy Chapter 13 bankruptcy may be used as an effective means of preventing foreclosure, allowing you to keep ownership of your home while repaying mortgage arrears over time. However, the mortgage remains in force, so you will be required to continue making Read More

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Using Chapter 13 Lien Stripping to Reduce Secured Debt

One of the chief benefits of a Chapter 13 bankruptcy is the ability to shield your home from mortgage foreclosure. But what if you have a second or third mortgage or a home equity lien on the same property? Through a process known as lien stripping, you may be able to reduce or eliminate those Read More

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Financial Strategies During the COVID Economic Crisis

As a result of stay-at-home orders, job losses and business closures, the coronavirus pandemic has caused many families to suffer significant economic hardship. While filing for bankruptcy may be an option, there are also a number of financial strategies you should consider that can help you tackle your debt and protect your finances during these Read More

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