VALDOSTA BANKRUPTCY: What documents do I need to bring to my free consultation?

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VALDOSTA BANKRUPTCY: QUESTION OF THE DAY What documents do I need to bring to my free consultation? Nothing. You don’t have to bring any documents to the initial consultation. This initial meeting is so that you can sit down with an attorney to learn what the different kinds of bankruptcy can do for you and to help you decide if …

VALDOSTA BANKRUPTCY: Do I have to list all of my creditors?

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Do I have to list all of my creditors? Yes. When filing bankruptcy, you are required by law to list all of your creditors. In fact, you sign your schedules and statements under a penalty of perjury that they are complete and accurate. However, after listing all of your creditors, your bankruptcy may propose that certain creditors are treated differently …

VALDOSTA BANKRUPTCY: QUESTION OF THE DAY

creditor's squeezing money

Can bankruptcy stop a garnishment? Absolutely. Filing a bankruptcy imposes an automatic stay against most collection activities. This is the fancy way of saying it stops creditors from demanding payment, filing suit, garnishing wages, repossessing property, or trying to collect. There are some limited exceptions to this rule so you should always speak with a qualified local bankruptcy attorney. Remember …

VALDOSTA BANKRUPTCY: QUESTION OF THE DAY

Answers

How much are Chapter 13 attorney’s fees? The administrative order on attorney’s fees in Chapter 13 for this District states that the agreed fee shall not exceed $3250.00. Because most Chapter 13 plans are for 5 years, this is what you can expect to pay your attorney over that 5-year period. Usually this fee is included in the monthly plan …

Mistakes

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“I hope that in this year to come, you make mistakes. Because if you are making mistakes, then you are making new things, trying new things, learning, living, pushing yourself, changing yourself, changing your world. You’re doing things you’ve never done before, and more importantly, you’re Doing Something. So that’s my wish for you, and all of us, and my …

Stop, Look, And Listen: Debt Consolidation

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“The difference between the almost right word and the right word is really a large matter. ’tis the difference between the lightning bug and the lightning.” ― Mark Twain. Corporations are trying to sell us something under the name of debt consolidation. I can barely turn on my TV without an ad jumping out at me, filled with misinformation and …

Hold Fast

ship in a storm

“HOLD FAST” a nautical term probably borrowed from the Dutch houd vast (hold tight) used as a reminder to sailors to hold firmly to a ship’s rigging to avoid being thrown overboard. Take a moment to consider your financial situation: what words do you use to describe how you feel? When we think about the problem of debt, I find …

The Upside Down

“If you are debt free and got $10 in your pocket, you are already wealthier than 25% of Americans.” ― Celso Cukierkorn. Budgeting is harder than it seems. It is especially hard if you have recently been laid off, experienced a cut in hours, or have a medical condition. Simply put, you can’t budget around ill health or job loss. …

Learning about Bankruptcy

Learning about Bankruptcy

“The man who views the world at 50 the same as he did at 20 has wasted 30 years of his life.”―Muhammad Ali. Financial trouble is overwhelming. It is important to know all of your options. You owe it to yourself to learn about bankruptcy. When learning about bankruptcy, here are some things to avoid: • Don’t listen to “street …

The Credit Counseling Requirement

pennies

“She generally gave herself very good advice, (though she very seldom followed it).” ― Lewis Carroll, Alice’s Adventures in Wonderland & Through the Looking-Glass. Since 2005, anyone who files a bankruptcy must satisfy a credit counseling requirement. This is nothing to be nervous about; it boils down to taking two credit counseling “courses.” Many companies offer these courses, and your …