Is it time to consider 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...

Are your habits creating shadow debt?

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...

Are attitudes toward debt changing?

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...

Becoming profitable with Chapter 11 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...

Medical debt is a growing problem

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...

Speak to creditors before filing for 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...