Bankruptcy can remain on your credit report for several years. While this may seem like bad news, the reality is that those filing for bankruptcy in Augusta may already have a reduced credit score, and filing will not significantly impact it further. More importantly, pursuing bankruptcy can actually provide individuals with an opportunity to start…
Filing for bankruptcy in Augusta is never an easy choice. Not only do many people find it challenging to face the social stigma that comes with filing for bankruptcy, but they also tend to feel embarrassed after filing and worry about what others will think of them. However, if you are going through this, know…
Filing for bankruptcy is a complicated undertaking that can have severe implications for your future and finances. What’s more, even if you file for bankruptcy in Augusta, it is not guaranteed that all your debts will be wiped clean. That is why if you are thinking about bankruptcy, consider first discussing your options with an…
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…
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…
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…
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…
