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...

Addressing student loans in 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...

4 Ways to restore credit after 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...

Common misconceptions about 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...