Someone filing for bankruptcy must be completely transparent about their financial situation. Failing to do so and hiding assets in bankruptcy leads to serious legal issues. It also destroys your chance of debt discharge and overall success when you file for bankruptcy. As uncomfortable and embarrassing as it might be, everyone filing for bankruptcy must […]
One of the biggest concerns people have is how to protect assets from bankruptcy when filing. Bankruptcy offers several benefits to those who opt to file, but these benefits are in exchange for turning control of assets over to the bankruptcy court and the trustee appointed to the case. The trustee has the power to […]
401k and Bankruptcy A 401k retirement savings plan is one of the primary ways people save for the later years in their life when they won’t be working. It allows you to automatically put money into savings gradually. The deposits are tax-deferred and in most cases, a portion is matched by your employer. It’s easy […]
There are plenty of things you need to do if you are thinking of filing for bankruptcy in Georgia, but there are also several things you shouldn’t do, too. The days, weeks, and months leading up to filing for bankruptcy are crucial, and the actions you take and do not take during this time can […]
Bankruptcy is considered a dreaded financial decision by many, but the truth is it can improve your life if you are currently experiencing a financial crisis. Bankruptcy is a tool available to help you improve your situation. It can take a bad situation and make it better, and give you the resources needed to get […]
One of the most intimidating things about bankruptcy is not knowing exactly what to expect. Feeling prepared for your bankruptcy journey and understanding your responsibilities in advance can put you at ease and make the process much easier. Preparation can also make things go smoothly and help you focus on the benefits of filing. Bankruptcy […]
