You may find yourself in a situation where you can no longer afford your Chapter 13 plan payments. Depending on your circumstances, you may be able to convert your case to a Chapter 7 bankruptcy, giving you the ability to complete your case and receive a discharge (meaning you satisfied all of your obligations). But,…
When you’re experiencing debt collection calls and letters, to say it’s a stressful time is an understatement. However, you do have rights when it comes to debt collection that you should know. In 1972, the Fair Debt Collection Practices Act (“FDCPA”) became law. The FDCPA is a consumer protection law that establishes individual protections against…
The past few years have put significant financial stress on homeowners – from managing mortgage payments to losing jobs to exhausting savings to pay for expenses during COVID. Georgia is no stranger to this stress. According to a recent survey, the Peach State came in at 10th for the highest home foreclosure rate. When facing…
Consumer debt continues to climb, reaching $416.51 trillion in the third quarter of 2022, now $2.36 trillion higher than right before the pandemic hit. These consumer debt amounts directly impact your health – serving as a significant source of stress. If you’re overwhelmed by debt, you do have options. One common option is to file…
Many people face financial difficulties more than once in their lives. However, if you own a business that is financially struggling, it affects not only the business itself as well as your personal finances. Businesses fail for many reasons; however, the primary reason is cash flow problems. So, what do you do if you’re facing…
Americans are experiencing record lows when it comes to their financial satisfaction, with 43 percent planning to add to their debt over the next six months. People relying on credit cards to bridge the gap between what people need and can afford can often result in a slippery slope, leaving people in worse financial shape….
Chapter 7 bankruptcy can seem simple. You file for it, and if approved, most of your debt gets wiped out. Afterward, you have a clean slate and the only significant cost to your life is a big hit to your credit scores. You will be able to recover in time, but there’s something else you…
Bankruptcies can be a little complicated, and complicated things can take time. How long does a bankruptcy take in Georgia? Even if you have a simple one, you can expect it to take at least four to six months, but many will take longer. At Seymour and Associates in Augusta, GA, we can walk you…
Financial hardships can come out of nowhere. Divorce, medical emergencies, and other life events can conspire to put people into challenging situations. When someone is experiencing dire financial circumstances, bankruptcy might be the only way out. Nobody sets out in life to end up filing for bankruptcy, and doing so doesn’t represent any kind of…
Graduating from college represents several years of hard work. Once the diplomas get framed and the graduation gowns and mortarboards are put in the closet, many new grads face the stark reality of having to potentially pay back thousands upon thousands of dollars in student loans. Depending on the field or other economic conditions, finding…
Thank you for visiting the Law Firm of Seymour and Associates. What do you need help with today?