Filing for Bankruptcy vs. Debt Consolidation in Georgia

Filing for Bankruptcy vs. Debt Consolidation in Georgia

Dealing with debt is difficult and confusing. The most popular options to deal with it are bankruptcy or debt consolidation. Read the following for the facts, benefits, disadvantages and costs of both. The Facts of Debt Consolidation Getting started with debt consolidation means contacting a debt consolidation service and having them assist you with your debt. Debt consolidation…

The Truth About Filing for Chapter 13 Bankruptcy in Augusta, Georgia

The Truth About Filing for Chapter 13 Bankruptcy in Augusta, Georgia

It Is Essential To Know The Positive And Negative Sides Of Filing For Chapter 13 Bankruptcy Before people make big changes in their life, they sometimes like to create a list of positives and negatives to help themselves make an informed, logical decision. If you are thinking about filing for Chapter 13 bankruptcy in Augusta, this could…

Will 2017 Bring an End to the Garnishment of Social Security Checks for Unpaid Student Loans?

Whether you are happy about the election results or not, the one thing most Americans can agree upon is a change is needed in Washington. One major challenge for individuals receiving social security benefits is the garnishment of their social security checks by the federal government for unpaid student loans. The government calls it an…

Social Security Being Garnished for Unpaid Federal Student Loans

If you think your social security cannot be garnished because of student loans think again! If your federal student loans are in default, a portion of your social security disability, retirement or survivor benefits can be garnished by the government to pay your federal student loans. According to a study published by the General Accounting Office (“GOA”)…

How Does Bankruptcy Really Work?

Many people worry about filing bankruptcy simply because they do not understand how it works. Bankruptcy is a federal court process which protects debtors from their creditors. Bankruptcy is a great tool to protect your home, car, money and to prevent your creditors from harassing you for payments. Bankruptcy, depending on the chapter, can either discharge or reorganize…