Personal Bankruptcy

We all know when we go bankrupt but often we decide to postpone our decision out of the fear that filing for bankruptcy will lead us to the eternal abyss of endless despair.  Perhaps you delay the decision of bankruptcy filing with the hope to find out another alternative. But face the reality! Do you [...]

As debtors you will want to look for an easy solution to the sticky situation you have gotten into – not being able to pay the debt. You and the creditor may come into an agreement over the debt and he will agree to charge off the debt because it has become worthless. It is [...]

I am assuming that you are reading this because you have reached the end of the road regarding your financial situation and you simply don’t know what to do anymore, correct? Let me tell you something: you are not alone. With the economy still on a downward spiral, a lot of people are facing tough [...]

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Just the fact that you may be considering filing for bankruptcy means that you must be under financial pressure and strapped for money. So the thought may have occurred to you that in order to avoid paying fees to a bankruptcy lawyer, you may [...]

Chapter 7 bankruptcy information is good to know, especially if you are considering bankruptcy for your business. Or, if you are planning to file chapter 7, you should understand the basics.
Also called straight bankruptcy, chapter 7 is about the liquidation proceeding. It involves the debtor who is expected to turn over all non-exempted properties to [...]

Atlanta has been one of the hardest hit states during this depression. Unemployment rates are increasing, bankruptcies are sky rocketing, and morale is falling. With the increase in bankruptcy filings, a larger niche for bankruptcy lawyers has opened up and lawyers have rushed in to fill it. Some of these lawyers were previously specializing in [...]