Tag Archives: Atlanta bankruptcy attorney
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In short, YES. Filing a bankruptcy, whether it be Chapter 7 or Chapter 13, will stop the foreclosure process. However, filing a Chapter 7 bankruptcy may not stop the process permanently. When a Chapter 7 bankruptcy is filed, an “automatic stay” goes into effect. This “stay” stops, or at least temporarily prevents collection actions against… Read More »
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Good news for some struggling Georgia homeowners who have been “hit the hardest” by the economy. A program to “prevent foreclosures” has been launched by the State of Georgia, Department of Community Affairs under the name Home Safe Georgia. The stated purpose of the program is to help GA homeowners who have lost a job… Read More »
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“Is the money we have saved for our child’s education protected or not?” This is a frequently asked question by parents considering filing for bankruptcy protection. Obviously these parents don’t want to risk their child’s education fund. Saving for college is hard. Congress made it easier with Section 529 (named after the provision that created… Read More »