How to Navigate Financial Hardship


Financial Hardship is all too Common While many Americans are celebrating the new year with lofty goals, others are just trying to pay the bills and hoping no financial emergency arises. In fact, only 66% of Americans could afford to spend $400 in an emergency, and only 39% of Americans say they could cover a $1,000 emergency expense. This means that the majority of Americans are only one car breakdown, injury, or other unexpected expense away from financial hardship. If you are one of the thousands of Americans facing financial hardship, there is hope and help. Navigating Financial Hardship Whether a [...]

How to Navigate Financial Hardship2019-03-28T15:22:17-04:00

Is Debt Consolidation Right for Me?


Are you a Good Candidate for Debt Consolidation? Most of us would agree that having less debt is much better than having more debt. In fact, having lower balances correlates with having a higher credit score. There are a number of reasons that someone might consider consolidating debt. It definitely has its advantages. Debt consolidation can help you get out of debt and increase your credit score, but is it right for you? When it Makes Sense to Consolidate One of the main reasons people consider consolidating debt is when they have gotten in over their heads and want to make [...]

Is Debt Consolidation Right for Me?2019-03-28T14:46:34-04:00

Why Paying Off Debt Can be Cheaper with a Bankruptcy Attorney


Paying Off Debt is Easier With Expert Help If you are one of the 28% of Americans who resolved to improve their financial situation this year, you will no doubt want to tackle your debt. The average American carries $38,000 in debt, not including home mortgages, making a resolution to pay off debt one that will require hard work and dedication. If your debt load is higher than average or if you are already behind on payments and receive calls from debt collectors, improving your financial situation may seem impossible, but you can solve your debt problems. Continue reading to learn [...]

Why Paying Off Debt Can be Cheaper with a Bankruptcy Attorney2019-03-28T14:32:22-04:00

What is a Mortgage Loan Modification?


When to Consider a Mortgage Loan Modification Mortgage payments often become out of reach and there are plenty of reasons why. You may have been given an adjustable rate mortgage that was affordable at the time you bought your home but has since seen a spike in interest, or you may have bought your home right before the housing market fell and now find yourself paying a payment month after month that exceeds the value that your house is actually worth. It could also be due to the loss of a job or an injury or illness that has resulted in [...]

What is a Mortgage Loan Modification?2019-05-07T15:50:42-04:00

What are the Pros and Cons of Using a Loan to Pay Off Credit Cards?


Should you Take a Loan Out to Pay Off Credit Cards? If you are wanting to have better control of your finances or are tinkering with the idea of bankruptcy, you have probably noticed the advertisements for debt consolidation. However, debt consolidation may not be the right option for everyone. Learn more about using debt consolidation to pay off credit cards. If you have not heard of debt consolidation, it is when someone gets a single loan in order to pay off several smaller loans. This leaves the borrower with one single payment each month rather than multiple payments. The idea [...]

What are the Pros and Cons of Using a Loan to Pay Off Credit Cards?2019-03-28T14:17:16-04:00

Why a Bankruptcy Attorney is More Affordable Than You Think


Why a Bankruptcy Attorney Can Help Save You Money The number of people filing for bankruptcy has reached its lowest point since 2007. However, experts believe this has more to do with factors other than an increased ability to pay off debts, though a stronger economy is likely still a factor. One key reason for the decrease in bankruptcy filings could be that consumers simply believe they can not afford to pay the legal fees they would incur if they filed. If you are facing bankruptcy, paying an attorney for assistance may seem impossible, given your difficult financial situation. However, a [...]

Why a Bankruptcy Attorney is More Affordable Than You Think2019-02-19T13:44:53-04:00

What is the Automatic Stay Option in Bankruptcy?


Understanding the Automatic Stay Option When medical bills, credit card debts, and other financial burdens have become overwhelming, you may be considering bankruptcy. If you are afraid that filing bankruptcy will mean that you lose your car, home, or other property, you’ll be happy to learn that there are numerous protections in place for consumers who file for bankruptcy. One of which is the automatic stay option. Consumer Protection in Bankruptcy Georgia law allows consumers filing for bankruptcy to claim exemptions for certain property, but this may not be enough to protect all of your property. Thankfully, federal law grants those [...]

What is the Automatic Stay Option in Bankruptcy?2019-02-28T15:16:41-04:00

Does Filing Bankruptcy Affect Your Credit?


How Filing Bankruptcy Will Impact Your Credit Score If you are considering filing bankruptcy, you likely have a lot on your mind. One of the questions is likely how bankruptcy will impact your credit. Fear of being unable to qualify for a future home loan or other forms of credit is the number one hesitation of consumers considering bankruptcy. The hard truth is that bankruptcy will impact your credit, but you can recover and qualify for the life you want. Immediate Credit Impact The good news is that a bankruptcy will either clear your debts or set you up on a [...]

Does Filing Bankruptcy Affect Your Credit?2019-02-28T15:16:50-04:00

What to Do if you Can’t Pay Credit Card Debt


How to Get Help for Credit Card Debt Georgians carry the seventh heaviest debt burden in the nation. With debt outpacing income, it is easy to become overwhelmed by credit card debt. It is no surprise, then, that bankruptcy filings in the south have remained steady, or even climbed slightly, as the rest of the nation benefits from a stronger economy. Dealing with Credit Card Debt When financial pressures and high-interest rates make credit card debt impossible to pay off, you may not know where to turn. You have options, though, and an experienced attorney can help you to evaluate those [...]

What to Do if you Can’t Pay Credit Card Debt2019-05-07T15:52:13-04:00

How Does Bankruptcy Work?


While bankruptcy rates have dropped across the United States, indicating an improvement in the economy that is a welcome change for many consumers, some areas have benefitted more than others. Alabama, Tennessee, and Georgia remain the states with the highest bankruptcy rates. In fact, bankruptcy rates climbed slightly, even as they fell in other states. Continue reading as we answer the question "how does bankruptcy work?" Answering the Question: How Does Bankruptcy Work? Many people wonder "how does bankruptcy work." If you are struggling to keep up with your debts, bankruptcy may allow you to eliminate debt through the sale of [...]

How Does Bankruptcy Work?2019-02-18T15:30:51-04:00
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