Author Archives: Jeff Field
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For individual debtors, Chapter 7 and Chapter 13 are the most common personal bankruptcy filings in Georgia and likely in every other state as well. Both types have certain eligibility requirements, and in some cases, people may not qualify for either. Chapter 7 eligibility requires petitioners to pass a means test that considers their income… Read More »
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Jeff Field & Associates focuses primarily on personal bankruptcy, but there can be some overlap between personal and business bankruptcy. If your business is established as a limited liability company under Georgia business organizations law, filing for business bankruptcy under Chapter 7 or Chapter 11 usually does not affect you personally beyond limiting your ability… Read More »
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The official document that marks the commencement of a bankruptcy proceeding in court is called a petition. This form, coupled with appropriate exhibits and schedules, is intended to give the court the information it needs to classify the case, evaluate the petitioner’s eligibility and begin the process by identifying and giving notice to the petitioner’s… Read More »