Category Archives: Bankruptcy
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A previous blog published in August 2013 re-visited the important role of exemptions in a Chapter 7 case of shielding certain property from the trustee and creditors so that the property (in this case, the stream of income from an annuity) will be available for a debtor’s “fresh start”. In Silliman v. Cassell, the property the debtor wished to shield… Read More »
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The U.S. Census recently reported that Georgia outpaces the nation in the rate of unemployment: 8.7 compared with 7.3. It appears that Georgia also has the eighth-highest divorce rate in the nation. While many variables such as the age of persons when they marry may come into play and affect the rate of divorce, few issues… Read More »
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Few things are more difficult than deciding to file for bankruptcy. And you are right to give it a lot of thought. Even though it can give you that valuable and much vaunted fresh start, it comes with strings attached. A bankruptcy will generally stay on your credit report for ten years. It may be… Read More »