Filing for bankruptcy is not an easy decision. For many, it’s a last resort to help them get ahead of their financial challenges. However, even if you decide that bankruptcy is right for you and your family, you may not fully grasp what this process entails. For these reasons, in the below blog post, we…
In Georgia, wage garnishment laws restrict the amount of money lenders can take from your checks following a court judgment. However, most people do not understand these laws or have no idea how they would apply to their case. That is why in the below blog post, we will go over everything you need to…
When your debt starts to feel like it is out of control, there are things you can do to make your loans and credit card payments not seem so overwhelming. In the guide below, we will walk you through ways to manage and reduce your debts and show you how an experienced Georgia debt management…
Student debt continues to be a significant problem for individuals across the United States. The Council on Foreign Relations indicates that student loans have more than doubled over the last two decades. In fact, about 48 million U.S. borrowers owe more than $1.6 trillion in federal student loans, with private loans bringing the total above…
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….
