Is there a stigma to bankruptcy?
Apr 04, 2013
Many many years ago, people stigmatized those who did not pay their debts and turned to bankruptcy to solve their financial problems. This stigmatization caused people to be afraid to seek help throug...
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Are those taxes dischargeable?
Apr 04, 2013
So you think your clients tax debt has been extinguished by a bankruptcy filing? Perhaps. With regard to the IRS, provided that the debtor satisfied all of the prerequisites and that the tax debt is m...
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What happens when I have a foreign debt I can no longer pay?
Apr 04, 2013
Occasionally, I will see a question come up on the internet regarding foreign debts and whether those types of debt are dischargeable in a bankruptcy that is filed in the United States. The simple ans...
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Georgia Bankruptcy Exemptions
Aug 31, 2011
When a bankruptcy case is filed, a document titled Schedule C is filed which shows what the debtor has designated as exempt property. By exempt, the debtor is advising the court and the trustee that th...
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What are credit card companies allowed to do to collect a debt?
May 04, 2011
Consumers need to know that protection against unscrupulous
collection practices is in place through the Fair Debt Collection
Practices Act (FDCPA). The Act covers any collection activity related ...
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