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...
On Behalf of Jones & Walden, LLC | Aug 28, 2020 | Bankruptcy
Realizing that your financial situation has reached an unmanageable point can be a very emotional process. Like some people in Georgia you may have spent years trying to get ahead of your debt while steadily falling further and further behind. Or maybe you experienced...
On Behalf of Jones & Walden, LLC | Aug 27, 2020 | Bankruptcy, Estate Planning And Administration
During estate planning, individuals typically try to create the best possible situation for their beneficiaries. However, this considerate act can come with considerable complications. Taxes, incomplete documents or disputes about the terms of an estate planning tool...
On Behalf of Jones & Walden, LLC | Aug 4, 2020 | Bankruptcy
Attending college in Georgia is not cheap, and many students — even those with scholarships — have to take out loans just to afford tuition. Most expect to secure a good, well-paying job after graduation, which would ideally make paying off their student...
On Behalf of Jones & Walden, LLC | Jul 1, 2020 | Bankruptcy
There are several different factors that experts look at when estimating future bankruptcy trends. Two of these are the unemployment rate and household debt to income ratio. Both of these indicators do not look great in terms of consumer bankruptcy trends that could...
On Behalf of Jones & Walden, LLC | Jun 10, 2020 | Bankruptcy
Weathering tough economic times is a big burden for Georgia business owners. You do the best you can to keep your business afloat during difficult periods, including paying your employees and keeping up with debt. Unfortunately, there are some things that are simply...
On Behalf of Jones & Walden, LLC | May 27, 2020 | Bankruptcy
Filing for bankruptcy is a daunting decision. On the one hand, bankruptcy can free you from the immense burden of inescapable debt. On the other hand, bankruptcy remains on your credit report for seven to 10 years, depending on the type of bankruptcy filed. Many...
