Category Archives: Bankruptcy
What is the Meeting of the Creditors?
A meeting of creditors is a required part of the bankruptcy process. The meeting is coordinated by the trustee of your bankruptcy case and involves a thorough investigation of your claim. This investigation aims to identify fraud and review your financial holdings and credit history. Although it is rather uncommon for creditors to actually appear… Read More »
Consumers Beware: Debt Elimination Scams
If you are experiencing financial difficulties, the last thing you need is to be taken in by a scam. Unfortunately, debt elimination scams are an increasingly popular way for fraudsters in Georgia to take advantage of people when they are most desperate. One of the most important things to look out for is the general… Read More »
Understanding the Role of a Bankruptcy Trustee
When you file for bankruptcy in Georgia, the court assigns a trustee to administer and oversee your case. A bankruptcy trustee is an impartial party whose job it is to review all of your financial statements for accuracy and ensure that all accompanying paperwork is in order. In the event that you’re required to liquidate… Read More »
What to Expect When Filing for Bankruptcy
The best way to deal with bankruptcy, as with most financial concerns you may have throughout your life, is to address the problem directly. Filing for bankruptcy relief may require a decent amount of preparation on your part, but it can prevent you from suffering more serious consequences down the line. When filing for bankruptcy… Read More »
How to Prepare for a Bankruptcy Filing: 6 Things Not to Do Before Filing for Bankruptcy
If you’ve made the decision to explore bankruptcy as a solution to crushing debt, congratulations: You’re already on the right track. When debts are out of hand, bankruptcy is usually the most effective way to rein them back in. Contrary to the many myths and misinformation surrounding bankruptcy, filing for bankruptcy doesn’t wreck credit. In… Read More »