Category Archives: Chapter 13 Bankruptcy
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Nearly every client we meet with wants to know what effect bankruptcy will have on their credit. First, it’s important to understand that your credit score is a history of payments to your creditors and that someone can have both good and bad entries reported. For example, someone could have paid all of their car… Read More »
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The housing bubble that began bursting in 2007 created negative equity in many of our homes in Georgia by pushing home values way down below the amount owed on the home. A recent report states that approximately 55% of homeowners in metro Atlanta are experiencing negative equity and owe more than the home is worth…. Read More »
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As a result of the terms of a pawn contract, unless the pawnbroker agrees, the usual pawn transaction may not be treated in a Chapter 13 case like the usual cram-down of a motor vehicle loan. The court decisions discussing the issues which may arise in a pawn transaction do not provide a clear roadmap… Read More »