As part of an ongoing trend, revenue-strapped Lawrenceville announced that it would seize income tax returns to satisfy delinquent accounts. Under the Tax Return Intercept Program, participating local governments essentially place a lien on certain tax returns. Taxpayers in these situations should receive a notice letter that gives them thirty days to successfully challenge the …
Many debtors who want to file bankruptcy worry about the same issue: Can I lose my car in a Chapter 7 bankruptcy? Most debtors incorrectly assume that their vehicles are automatically safe in a bankruptcy. Unfortunately, that is not the case. All debtors should ensure that they take the proper precautions before filing and inquire …
Can I Lose My Car in a Chapter 7 Bankruptcy? The Georgia Auto Exemption Read More »
Qualifying through the Georgia Chapter 7 Means Test Generally, there is one roadblock that stands between debtors and their Chapter 7 discharge: qualifying through the Georgia Chapter 7 Means Test. The most common chapter of bankruptcy filed by debtors is Chapter 7. Chapter 7, outside of certain specific situations, is the more desirable of two …
Many people who work at Dobbins A.R.B., Moody A.F.B., Kings Bay N.S.B., or a company that supports these installations, put off necessary bankruptcy filings because they fear that such a move will result in the security clearance revocation. While financial problems may have an adverse effect, there is not a direct relationship between consumer bankruptcy …
Why would anyone want to be in a Chapter 13 case that lasts forever? The mere thought of being in Chapter 13 for the rest of your life sounds crazy to most people. Who should want to be in a Chapter 13 that never ends? The answer to this question is………a person who has student loans …
As I got into my car early one morning to head to work, I noticed I had an unexpected little friend on my dashboard. I wondered to myself, “How in the world did this little guy end up in my car?” I had not left the car open all night. I had not left the …
Q: How can bankruptcy help people who are in foreclosure? A: Many people have homes that are currently in foreclosure. While bankruptcy is not something that every person in foreclosure should end up filing, the vast majority of people in foreclosure should at least consider bankruptcy as an option. There are advantages to filing both …
3 Frequently Asked Questions About Rome Bankruptcy Filings Read More »
A Chapter 7 bankruptcy Rome GA is the most common form of financial relief for debtors. A Chapter 7 bankruptcy discharges all debt owed by the debtor, save for certain debts which are non-dischargeable. The Chapter 7 process is usually no longer than three to four months and debtors can normally keep their personal assets. …
The Chapter 7 Bankruptcy: Rome GA Attorney Advises Read More »
Chapter 13 bankruptcy is a process where the debtor reorganizes their debt. It is different from a Chapter 7 for many reasons. The biggest difference is that Chapter 13 is a longer process and debts are repaid as opposed to immediately being discharged from your debts. There are numerous reasons why a debtor would file …
When a Rome GA Chapter 13 Bankruptcy Is the Right Choice Read More »
The Marietta Daily Journal reported today that May 2016 foreclosures continue the downward trend. Increasing house values have brought the foreclosure wave to an end. I’m seeing new neighborhoods going up all over Kennesaw. The paper states: The number of foreclosures in Cobb advertsised for the May auction is down by 87 compared to this …
Marietta Daily Journal Reports that Foreclosures are Down in Cobb County Read More »