Tag Archives: bankruptcy attorney
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One of the major benefits of filing a Chapter 13 case is the ability to modify (cram-down) a loan on a motor vehicle. Circumstances vary by case, but when a client has purchased a vehicle and has signed a standard “Retail Installment Contract”, generally the interest rate and principal balance can be modified (cram-down) and… Read More »
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The Atlanta Journal-Constitution recently reported that, in 2011, the state of Georgia suffered the fourth highest rate of foreclosures in the U.S. Of course, not every default on mortgage payments results in a foreclosure notice and not every foreclosure notice results in an actual foreclosure of the home. Some homeowners have been able to prevent… Read More »