Most people considering bankruptcy worry about how filing will affect homeownership and their mortgage. But what if it’s a second mortgage causing you concern? Are second mortgages handled the same as primary mortgages in bankruptcy? What’s the Point of a Second Mortgage? People get second mortgages for a variety of reasons. Sometimes it’s to ease […]
Life doesn’t always work out as you intend it to. For many college graduates, their dreams of securing an education so they are able to get a high-paying job fell apart after they graduated. They entered “the real world” only to find out their job opportunities were not as bright as they’d hoped and their […]
Anyone filing for bankruptcy is likely to consider his or her situation an emergency. Deciding to file is a big decision that takes time, but if you’re like most people, once you commit to filing for bankruptcy you’re ready to move forward as quickly as possible. Unfortunately, the bankruptcy court is unlikely to move with […]
When you file for bankruptcy the court assigns a trustee to your case. This is the person responsible for making sure your creditors get what you owe them. He or she is knowledgeable about the bankruptcy process and can get things completed efficiently, but as much as a trustee might seem supportive or like a […]
There are plenty of things you need to do if you are thinking of filing for bankruptcy in Georgia, but there are also several things you shouldn’t do, too. The days, weeks, and months leading up to filing for bankruptcy are crucial, and the actions you take and do not take during this time can […]
You have a lot to think about when filing for bankruptcy, and in many cases, you’ll have even more to consider if you are married. One of the biggest challenges faced by those filing for bankruptcy when they are married is how filing will affect their marriage. The good news is there are tools available […]
Working with a bankruptcy attorney when you file for bankruptcy is essential, but how do you choose the one who is right for you? There are plenty of people out there qualified and able to help you, but it’s important you get the support you need from the right person. Most bankruptcy attorneys offer a […]
The goal of bankruptcy is to help you get a fresh start and move forward with fewer financial burdens. As part of the process, you not only reorganize or eliminate debt, you also learn how you can avoid financial challenges in the future. One of the ways you do this when you file for bankruptcy […]
Bankruptcy can be a smooth transition from financial strife to a much easier life, but in some cases the person filing for bankruptcy faces a few bumps along the way. This is especially true when someone files a lawsuit against you during bankruptcy. In many instances, the automatic stay bankruptcy creates protects you from legal […]
Filing for bankruptcy comes with a number of emotions: fear, apprehension, anxiety, overwhelm, and hopefully, a bit of excitement that you are finally getting your financial situation under control. Unfortunately, there are a number of misconceptions about bankruptcy that often interfere with the excitement and instead, cause negative emotions to take over. For some, these […]
