By Jeff Field | Published October 30, 2019 | Posted in Bankruptcy | Tagged Tags: chapter 13, cramdown, creditors, repayment plan, secured debt | Leave a comment
How Georgia Bankruptcy Filers Can “Cram Down” Secured Debts
People in financial straits sometimes opt for a Chapter 13 bankruptcy, which lets them keep their property while they pay off either all or a reduced portion of their debt over time. Although it affords some relief, a Chapter 13 plan still puts pressure on debtors to repay. However, there is a way for them Read More
Read MoreWhat Is the “Means Test” in a Chapter 7 Bankruptcy?
If you are behind on your monthly bills and feel you are drowning in debt, filing for a Chapter 7 bankruptcy can give you a fresh start. Simply put, a Chapter 7 forgives most of your debts while allowing you to keep some of your property and to rebuild your creditworthiness. As attractive as this Read More
Read MoreWill a Judge Always Approve a Bankruptcy Plan?
Unfortunately, putting together a bankruptcy plan is not always as easy as writing it down and getting a judge to approve it. In some cases, the judge has the right to reject a plan, as was highlighted in a recent U.S. Supreme Court case. In the case, the Supreme Court ruled against a Massachusetts man 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 MoreIs There Anything I Can Do to Prevent a Foreclosure on My Home?
The answer to your question is an emphatic YES. While the prospect of losing your home can be overwhelming, competent, qualified Athens bankruptcy lawyers with experience in Georgia foreclosures can help you understand your options. The first option you have when you receive a foreclosure notice is to contact your lender directly and see what Read More
Read MoreWill I Lose Everything I Own if I Declare Bankruptcy?
Many people fear going into bankruptcy because they believe that they will lose everything they own and be out on the street relying on the charity of strangers. It isn’t that bad. It is important to remember that the purpose of a bankruptcy proceeding is to help you wipe the slate clean and move forward 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.
