Tag Archives: debt relief
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What exactly is budgeting? I have not yet seen nor heard a simpler, better definition of it than the one provided by Dave Ramsey, a well known and highly regarded financial counselor. In his words, “budgeting is the process of telling your money where to go before the month begins, instead of wondering where it… Read More »
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The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 instituted a credit counseling requirement for debtors filing for bankruptcy protection. Credit counseling agencies sprang up quickly on the heels of this law to provide a service that was suddenly in hot demand. Many of these agencies jumped on the recession bandwagon to offer debt… Read More »
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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 »