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…
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…
Are you struggling financially? Bankruptcy may be an option to help you get back on your financial feet – but you may be asking – when should you file for bankruptcy? It is a big financial step to take and it can be stressful, overwhelming and emotional. The Law Firm of Seymour and Associates, P.C….
Are you in dire financial straits? Are you considering declaring bankruptcy to help protect your assets and clear your debt? Georgia residents who are faced with the decision to file for bankruptcy may be asking – what are the differences between Chapter 13 and Chapter 7 bankruptcy – and we can help at the Law…
