Tag Archives: Chapter 7 bankruptcy
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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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For me, the keystone or centerpiece of all of the interacting parts of the Bankruptcy Code is the automatic stay. The stay is the fundamental shield available to our clients who file for relief from creditors in a Chapter 7 or Chapter 13 case and shields you and your assets from any collection activity by your creditors. The stay arises automatically… Read More »
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Every client we help is different and faces a unique set of financial problems. We ask that you bring the following things with you to the initial bankruptcy consultation: Proof of Income from all sources. Retirement income, child support, alimony, unemployment compensation, etc. A recent paycheck if employed for you and your spouse even if… Read More »