On Behalf of Jones & Walden LLC | Sep 11, 2021 | Bankruptcy
The average creditor stands to lose a significant amount of money when a debtor files for bankruptcy. This can be extremely frustrating for Georgia creditors who have made multiple attempts to collect debts that they are owed. If you recently learned that one of your...
On Behalf of Jones & Walden LLC | Jul 30, 2021 | Bankruptcy
Once debt starts snowballing it can be almost impossible to get it to stop. To top it off, many consumers feel very alone when they realize what is going on with their finances. Struggling under the weight of too much debt is not at all uncommon, though, and many...
On Behalf of Jones & Walden LLC | Jul 11, 2021 | Bankruptcy
Having a positive outlook on life can be helpful in many situations. However, that positive attitude is not always enough to address serious issues, like having too much debt. In fact, some consumers in Georgia who do their very best to pay off their insurmountable...
On Behalf of Jones & Walden LLC | Jun 17, 2021 | Bankruptcy
How consumers handle their credit cards changes, sometimes even drastically over relatively short periods of time. People in Georgia might be more apt to pay off credit card balances during times of economic strife or uncertainty. However, as economic prospects...
On Behalf of Jones & Walden LLC | May 30, 2021 | Bankruptcy
Many people in Georgia believe that bankruptcy is the end of the road for a business. Contrary to popular belief, Chapter 11 bankruptcy actually offers a more financially secure future for small and large businesses alike. Business owners can use Chapter 11 to...
On Behalf of Jones & Walden, LLC | May 7, 2021 | Bankruptcy
Going to the doctor can be expensive, even for those who have insurance. Unfortunately, this prevents a lot of people in Georgia from seeking medical care when they need it. Those who do go to the doctor often end up saddled with so much medical debt that bankruptcy...
On Behalf of Jones & Walden, LLC | Apr 9, 2021 | Bankruptcy
Recessions are often fraught with layoffs, slashed hours and lost jobs. Surviving the financial ramifications of a recession can be tough too, especially for Georgia residents who were already at a disadvantage. So while anyone of any age, race or gender might need to...
On Behalf of Jones & Walden, LLC | Jan 18, 2021 | Bankruptcy
If you are struggling to keep up with your monthly bills or have already fallen behind, it may be time to consider filing for bankruptcy. Chapter 13 bankruptcy can be a smart solution if you have sufficient income and are not interested in liquidating your assets. In...
On Behalf of Jones & Walden, LLC | Jan 6, 2021 | Bankruptcy
Living with debt can turn daily life into a constant struggle. When managing one’s debts is simply no longer possible, it may be time to consider bankruptcy. Consumers generally have two options for bankruptcy — Chapter 7 and Chapter 13. While both offer relief...
On Behalf of Jones & Walden, LLC | Nov 5, 2020 | Bankruptcy
Acknowledging that one’s business is in financial stress is a difficult but important step. However, acknowledging the problem is only just the beginning. The next reasonable step may be to file for bankruptcy. As Georgia business owners weigh their options, it may be...
