CHAPTER 11 BANKRUPTCY FOR SMALL CORPORATIONS AND LLC’S
Sep 27, 2013
Chapter 11 bankruptcy is sometimes considered by owners of small corporations or LLCs. Chapter 11 is primarily meant for reorganizing the financial affairs of large and small corporations, partnershi...
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Should I form an S-corporation, a C-corporation, a Close Corporation, or an LLC?
Aug 29, 2013
Small businesses should almost always be organized as a corporation or as an LLC. Many organize as a Sole Proprietorship (this is what you are if you do nothing) or as a Partnership (with two or more p...
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Should My Corporation or LLC File Bankruptcy?
Aug 29, 2013
By Attorneys Jeff Patty Williams
If you have a Corporation or an LLC, there is no personal liability for any of the debts unless you signed a personal guarantee. But if do not have a corporation or ...
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ALL ABOUT GARNISHMENTS IN GEORGIA
Jan 13, 2013
(Note: The garnishment laws in other states can be very different.)
IF YOUR WAGES OR BANK ACCOUNT ARE BEING GARNISHED, YOU PROBABLY HAVE A FINANCIAL EMERGENCY. CAN YOU KEEP UP WITH ALL YOUR OTHER BIL...
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THE PROSPECTS OF RECEIVING CREDIT AFTER BANKRUPTCY
Sep 25, 2012
Many people have the idea that after filing bankruptcy, their credit is ruined and they will never have a decent credit score again. This is not guaranteed to be true. Whether it happens may depend on...
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SHOULD YOU HAVE AN S-CORP, A C-CORP, OR AN LLC?
Aug 31, 2012
In setting up a small business entity, you have several options: an S- or C-corporation, a "closely- held" S- or C-corporation, an LLC, a partnership, and a sole proprietorship.
Let's eliminate th...
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WHAT YOU CAN DO ABOUT STUDENT LOAN DEBT
Aug 22, 2012
To many people with large student loans, their financial future looks bleak, especially if their expensive education has not led to a good-paying job. The debt collectors for these loans are unusually...
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Top 10 Myths about Bankruptcy
Aug 20, 2012
1. Bankruptcy will ruin my credit for ten years.
Not true. It is true that bankruptcy stays on your credit history for ten years at all three major credit reporting agencies, but your credit score is...
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CAN I SAVE MY HOUSE FROM FORECLOSURE?
Aug 15, 2012
Many people file bankruptcy as a last-ditch effort to save their house from foreclosure. Georgia is one of the very few states which allows non-judicial foreclosure. This means the lender can auction...
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Is Bankruptcy Ethical?
Aug 12, 2012
Many people hesitate to file bankruptcy because they perceive it as shameful, or shady, or unethical.
BANKRUPTCIES SKYROCKETINGBankruptcy is far more common than it used to be.For the last few years...
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