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...
On behalf of Jones & Walden, LLC | Apr 22, 2020 | Bankruptcy
Since bankruptcy is born out of not being able to keep up with bills, loans or other payments, there is a negative connotation with it. But life is unpredictable and the option to make changes or have a fresh start shouldn’t have any shame attached to it. Filing for...
On behalf of Jones & Walden, LLC | Feb 14, 2020 | Bankruptcy
Although a lot of people talk about the decline of small businesses in America, fewer have clear ideas on what to do about it. Now, a major new change to the Chapter 11 bankruptcy code might help some small business owners who could not qualify for debt relief before,...
On behalf of Jones & Walden, LLC | Jul 30, 2019 | Bankruptcy
Businesses can suffer from the accumulation of debts relatively quickly. This is primarily because many external factors can affect a business’ success. Even if a few months ago your cash flow was healthy, you may have fallen into debt fairly swiftly due to a...
On behalf of Jones & Walden, LLC | May 24, 2019 | Bankruptcy
When you’re securing funding for your new business, it feels like you’ll have no problem getting everything you need. You have a lot of interested investors. You started with a dream and no capital, so everything you bring in massively expands what you...
