Understanding Personal Bankruptcy

The practice of filing bankruptcy is quite common with hundreds of people filing for bankruptcy each day. The reasons for filing may vary widely, but there are basic principles that apply to all personal bankruptcy cases filed. What is personal bankruptcy? Bankruptcy...

What is the Bankruptcy Stay?

What is the Georgia and Federal Bankruptcy Stay? A bankruptcy stay, also known as an automatic stay, is a legal process that prevents any lawsuit filed against you and a majority of legal actions against your property by creditors, collection agencies, or government...

How To Mess Up Your Bankruptcy Hearing

The Bankruptcy 341 Trustee Meeting Have you recently filed for bankruptcy? If so, you will be required to attend a Court meeting, a hearing known as 341 Meeting of Creditors. This meeting is usually very brief and informal. During this meeting you will be required to...

How Does a Chapter 7 Bankruptcy Work?

Living with the burden of unpaid debt can be extremely stressful and scary. Bankruptcy laws, including the Chapter 7 bankruptcy, were created so that honest individuals who have over extended themselves can find a fresh start. For individuals being sought by debt...