Monthly Archives: December 2013
Understanding Your Risks and Rights with Unsecured Debt
There is a simple and easy way to understand the difference between secured and unsecured debt. Secured debt is backed by some type of property, such as a car or house. Defaulting on this type of debt typically means the forfeiture of the property in question. Unsecured debt is backed simply by a promise of… Read More »
Georgia Chapter 7 Exemptions
Filing for Chapter 7 bankruptcy doesn’t necessarily mean you have to sacrifice everything you’ve earned. Under this type of bankruptcy, you are able to retain ownership over certain belongings, which may include your car, home and retirement savings. Under Georgia law, married persons who file jointly for bankruptcy are allowed to make the maximum amount… Read More »