Bankruptcy

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...

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...

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...

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...

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...

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 from...

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...

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...

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 loans...