Tag Archives: bankruptcy filing
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The short answer to the question is yes. The more important inquiry is which option makes the most economic sense for you and your spouse! Georgia follows the common law rules of ownership of property and liability for debt. In Georgia, unless your spouse (or some relative, friend or other person) cosigned for your debt,… Read More »
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When individuals contact us about scheduling a free office consultation, we ask that they bring a list of their debts. We ask this because when it comes time to file bankruptcy, you either need to write down the names and addresses of your creditors, bring the monthly statements, or bring a credit report. This is… Read More »
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If you are in serious debt and fail to take action to remedy the situation, the IRS may levy your property or garnish your wages. A levy is a legal seizure of your property in order to satisfy a debt. The IRS can levy property that you hold — including cars, houses or boats, or… Read More »