Resources

/Resources/

5 Benefits of Working with a Bankruptcy Lawyer

2019-09-09T11:05:08-04:00

People who are considering bankruptcy are generally trying to hold on to as much money as possible. When you are dealing with overwhelming financial problems, the last thing you probably want to do is pay costly lawyer fees to help with your bankruptcy case. While you always have the right to file on your own and without legal representation, there are numerous benefits to hiring a bankruptcy lawyer. In addition, many bankruptcy lawyers do not charge extravagant hourly fees, and you should be well-aware of their fees before you ever sign an agreement. Benefits of Working with a Bankruptcy Lawyer In [...]

5 Benefits of Working with a Bankruptcy Lawyer2019-09-09T11:05:08-04:00

Chapter 7 Bankruptcy: What to Expect After Filing 

2019-09-09T14:57:02-04:00

Chapter 7 bankruptcy is the most common type of bankruptcy filed in the United States. However, many people who file bankruptcy petitions under Chapter 7 are not familiar with the legal process and have little to no idea what to expect. It is important to understand the Chapter 7 process - the good and the potentially bad - so there are no unexpected delays or complications in your case. Before you file, you should always learn about the process from an Atlanta bankruptcy lawyer at Cornwall Law Firm. The Automatic Stay After you file your petition, you will experience an immediate [...]

Chapter 7 Bankruptcy: What to Expect After Filing 2019-09-09T14:57:02-04:00

Is Chapter 13 Right for You?

2019-09-09T11:23:38-04:00

Chapter 13 bankruptcy requires you to make payments to the court for three to five years prior to the discharge of your debts. On the other hand, Chapter 7 cases can result in a discharge in a matter of months without requiring any payments at all. For this reason, most people assume that Chapter 7 is the preferable option and, in fact, Chapter 7 is by far the most common type of consumer bankruptcy. However, this does not mean that Chapter 7 is always the best choice for everyone experiencing financial problems. Why Chapter 13 Bankruptcy Might be Right for You [...]

Is Chapter 13 Right for You?2019-09-09T11:23:38-04:00

Types of Bankruptcies: Which is Right for You?

2019-08-15T09:26:41-04:00

Common Types of Bankruptcies in Georgia In 2019, just over 2,000 bankruptcies have been filed each month in Georgia. This number does not include debtors who reopened bankruptcy cases. Although bankruptcy is a relatively common occurrence, it can be terrifying when you feel your own debts piling up and realize that you may join the ranks of those filing for bankruptcy. If, after consulting with an experienced attorney, you determine that bankruptcy is your best option, you will have some decisions to make. Continue reading to learn more about the most common types of bankruptcies and which is right for your [...]

Types of Bankruptcies: Which is Right for You?2019-08-15T09:26:41-04:00

Choosing an Atlanta Bankruptcy Attorney

2019-08-15T09:42:51-04:00

Navigating Bankruptcy in Atlanta When bills begin to pile up and you find yourself unable to keep up with payments or even dodging calls from debt collectors, you may decide that it is time to look into bankruptcy. As you begin the bankruptcy process, you will have questions, concerns, and lots of paperwork to complete. Debt relief is just around the corner, but first, you will need to choose a bankruptcy chapter, assemble documentation of your finances, appear in court, and, if filing a Chapter 13, create a repayment plan. Your creditors will have the opportunity to object to your Chapter [...]

Choosing an Atlanta Bankruptcy Attorney2019-08-15T09:42:51-04:00

Chapter 7 vs Chapter 13 Bankruptcy: What You Need to Know

2019-07-18T15:59:32-04:00

Crushing debt and the feeling of being unable to pay your bills can lead you to look for a way to reduce or eliminate your debt. All bankruptcy cases are handled by federal courts, though states have some control over portions of the process. This can make the process of filing for bankruptcy seem just as insurmountable as your pile of bills. Understanding the aspects of Chapter 7 vs Chapter 13 is critical for your success in the bankruptcy process. As you begin researching your bankruptcy options, you will see that you may have multiple options. As an individual, you can [...]

Chapter 7 vs Chapter 13 Bankruptcy: What You Need to Know2019-07-18T15:59:32-04:00

Filing Bankruptcy: A Simple Guide to How Bankruptcies Work

2019-07-10T11:12:32-04:00

Bankruptcy is primarily controlled by federal law, with all bankruptcy cases heard in a federal court. However, each state does have its own rules and procedures. Below we will outline steps to filing bankruptcy as well as how bankruptcies work in Georgia. Bankruptcy Options in Georgia Understanding how bankruptcies work can be very complex. If you cannot keep up with your bills and believe that bankruptcy is your best option, you still have decisions to make. The primary decision to make is which form of bankruptcy to file. Chapter 7 and Chapter 13 bankruptcies are most common for consumers. An experienced [...]

Filing Bankruptcy: A Simple Guide to How Bankruptcies Work2019-07-10T11:12:32-04:00

Credit Counseling with a Bankruptcy Attorney

2019-07-18T16:04:50-04:00

One portion of the bankruptcy process is education, in the form of credit counseling, which is intended to help reduce bankruptcy filings. This occurs before you file for bankruptcy by ensuring that you know your options for dealing with debt. After you file for bankruptcy, the education continues in an effort to help you learn to manage your money in a way that allows you to meet your financial obligations and stay out of bankruptcy court. Federal law requires that people filing bankruptcy first undergo credit counseling. This counseling must occur 180 days or less before filing for bankruptcy. In order [...]

Credit Counseling with a Bankruptcy Attorney2019-07-18T16:04:50-04:00

When is Filing for Personal Bankruptcy the Best Option?

2019-06-10T13:46:53-04:00

Is Filing Personal Bankruptcy Right for You? The average Georgian carries over $7,000 in credit card debt, in addition to student loans, car loans, and mortgages. Debt, coupled with rising costs of living, can quickly become overwhelming and late or missed payments can begin to pile up. When calls from creditors begin, you may believe that bankruptcy is your only option, but how do you know when filing personal bankruptcy is the right choice for you? Debts Not Removed by Personal Bankruptcy There are two primary forms of bankruptcy used by individuals, Chapter 7 and Chapter 13. It is important to [...]

When is Filing for Personal Bankruptcy the Best Option?2019-06-10T13:46:53-04:00

What Everyone Should Know About a Chapter 13 Repayment Plan

2019-06-25T15:00:28-04:00

Unlike a Chapter 7 bankruptcy, in which your property is sold to pay a portion of your debt, Chapter 13 bankruptcy works to prioritize, or reorganize, your debts and assists you in paying off as much as possible over a set time period. As part of your filing for Chapter 13 bankruptcy, you are responsible for creating and submitting a repayment plan that meets all of the requirements laid out by the law. Although the plan will vary from person to person, there are some basics required of the plan that do not change, including how various kinds of debt must [...]

What Everyone Should Know About a Chapter 13 Repayment Plan2019-06-25T15:00:28-04:00
(404) 791-4449