On Behalf of Jones & Walden LLC | Jan 17, 2025 | Bankruptcy
If you are considering filing for bankruptcy, you might be concerned about the effect it will have on your credit score. Will bankruptcy boost it or see it get worse? The answer lies somewhere in between. You need to accept it will suffer at first Filing for...
On Behalf of Jones & Walden LLC | Jan 3, 2025 | Bankruptcy
Filing for bankruptcy is a difficult decision for any business owner, but it is often a necessary step. One pressing concern may be what happens to your employees. This largely depends on the type of bankruptcy you file for and the route you want the company to take....
On Behalf of Jones & Walden LLC | Nov 6, 2024 | Bankruptcy
Seeing collection notices in the mail and getting phone calls about debts you owe can be a stressful and disheartening experience. When you know you don’t have the money to pay, you may feel helpless and want to find a solution to this issue. One option that you may...
On Behalf of Jones & Walden LLC | Oct 8, 2024 | Bankruptcy
If you own a business and your company and/or personal debts are no longer manageable, you may be wondering whether filing for Chapter 13 bankruptcy is a viable, strategic option. Chapter 13 bankruptcy is available only to individuals, not businesses. However, if you...
On Behalf of Jones & Walden LLC | Aug 23, 2024 | Bankruptcy
When facing financial challenges, business owners may consider liquidating their company. This approach involves complex legal and financial considerations. Understanding the nuances of liquidation and restarting a business can help you navigate this process. What...
On Behalf of Jones & Walden LLC | Aug 19, 2024 | Bankruptcy
You miss a mortgage payment, and you start worrying about foreclosure. You mention to one of your friends that you are concerned that you may lose your home in the future. You know that the foreclosure process takes time, so you will not immediately lose your house...
On Behalf of Jones & Walden LLC | Jul 14, 2024 | Bankruptcy
People who have high debt obligations may find themselves struggling to make regular payments. As a result, the debtor may miss payments, face high interest and late fees and be hounded by debt collectors. All of these issues could go away after filing for bankruptcy....
On Behalf of Jones & Walden LLC | Apr 17, 2024 | Bankruptcy
Bankruptcy is a process that helps people relieve their debts. After someone’s debts are successfully resolved, they can accumulate new debt obligations. If these new debt obligations become too much, bankruptcy can be filed again. However, debtors will likely...
On Behalf of Jones & Walden LLC | Jan 22, 2024 | Bankruptcy
Many successful Georgia businesses have had periods of time where they had to battle through rough stretches financially. In some cases, these issues came about due to macroeconomic conditions, while in others, they were the result of something company-specific....
On Behalf of Jones & Walden LLC | Jan 3, 2024 | Bankruptcy
Financial hardship can strike when you least expect it. One moment your finances are in line and the next, you are dealing with a medical debt that you never saw coming. If you find yourself grappling with personal debts that you cannot seem to pay off, you may...