Types of Bankruptcy Exemptions in Georgia
In bankruptcy law, exemptions are in place which will allow you to keep your assets and belongings that are valued up to a certain amount. That amount is set by the exemption. Each state either creates their own exemption scheme and/or allows debtors to use the...
How a Bankruptcy Lawyer Can Help Stop Your Wage Garnishment
If you owe money to a creditor and have discovered that a chunk of your monthly salary is being withheld from you, you are likely dealing with wage garnishment. Wage garnishments are usually the result of a court order that directs your employer to withhold a certain...
Defaulting on Your Credit Card vs. Filing For Bankruptcy
Credit cards can become an essential life tool — they pay the bills when you don’t have cash readily available, and they give you peace of mind when you’ve expended your emergency savings. But if you fall behind on the credit card’s minimum payments — that’s...
The Ultimate Bankruptcy Checklist
If you have officially made the decision to free yourself from financial burden through bankruptcy filing, the sooner you get prepared, the smoother the process will be. Get a jump start on your case before you head into the law office by following our bankruptcy...
How Filing For Bankruptcy Can Help You Eliminate Medical Bill Debt
Whether debt from a medical incident has recently forced you into a difficult financial situation, or the yearslong pressure of debt has finally accumulated, Braziel Law is a trusted resource and is here to help. Read more below to see how filing for bankruptcy can help you eliminate this kind of debt.
Get a Debt-Free, Fresh Start For the New Year
A new year is always full of hopes and promises to better yourself and reach your goals. This year, put yourself and your finances first by taking control of your financial situation. By filing for bankruptcy, you can leave all of your stress, worry, and debt in 2020...
Chapter 7 or Chapter 13 Bankruptcy: Which Should You File For?
While filing bankruptcy may seem intimidating at first, filing offers individuals the opportunity for a fresh start. Whether you’re considering bankruptcy after your finances got out of control, or you recently fell on some bad luck, Braziel Law is here to help. Many...
Could Bankruptcy Help Businesses Make It Through COVID-19?
The COVID-19 pandemic is an unprecedented economic event. In addition to the cost in lives and sickness, the lockdown regulations and social distancing policies have left many businesses without revenue. It’s quite difficult for a restaurant to pay its rent and...
Why You Shouldn’t be Afraid to File for Bankruptcy
Filing for bankruptcy can turn out to be a huge relief to families who are drowning in debt and unable to pay their bills. You don’t need to be afraid to file for bankruptcy. A lot of the reasons that people fear bankruptcy are myths and not reality. Let’s...
Georgia Bankruptcy Exemptions: How It Works
It is common for people to realize they are in a bad financial situation and discover filing bankruptcy is their best option. They may fear what the bankruptcy court will take from them during the process. It is important to realize there are certain types of property...
Filing for Bankruptcy Success Stories
Debt affects millions of Americans every single day. Currently, there’s about $4 trillion in personal debt on the books in the US. This averages out to about $11,800 per person. These statistics highlight the reason why so many Americans are turning towards bankruptcy...
What is Bankruptcy?
Job losses, injuries, illnesses or other circumstances can exert significant financial pressure on individuals and families. Financial laws give people a chance to take a breath and regroup by giving them recourse to alternatives. Do you need to calm the chaos of...
Filing for Bankruptcy: What You Don’t Know
Individuals who want to file for bankruptcy usually have two options known as Chapter 7 and Chapter 13. The former is the traditional bankruptcy and lets you discharge personal loans, medical bills and credit card debt. That’s why you might hear it referred to as...
Bankruptcy Information from a Bankruptcy Lawyer
Bankruptcy is a process where the judge and the court decides whether an individual or business can discharge their debts. Bankruptcy was created to help people who are dealing with severe financial problems by giving them a chance to start over. Who Files for...
Bankruptcy Gives you a New Start in a New Year
Declaring Bankruptcy In The New Year A new year means a new start and it may be a great time to file for bankruptcy. While there are many stigmas associated with filing for bankruptcy, it can actually be the best thing that you can do for your finances. Here are some...
How Many People File for Bankruptcy?
How Many People File for Bankruptcy? According to statistics provided by the U.S. Bankruptcy Courts, almost 800,000 people filed for bankruptcy during 2016. Which Type of Bankruptcy is Most Popular? Chapter 7 bankruptcy filings make up the vast majority of all...
Signs It’s Time To Call A Bankruptcy Lawyer
Finances, particularly in regards to your amount of debt, can be a struggle for anyone. If your debt is continually rising with no sign of stopping, filing for bankruptcy could be a viable option. Filing can help you avoid a complete financial meltdown. Here is a look...
How Will Bankruptcy Affect My Family?
Declaring bankruptcy is a decision that affects not only yourself but also your family — in positive and negative ways. While bankruptcy can lead to increased financial stability, there are unforeseen issues that can affect other family members in a negative way. If...
Which comes first — Bankruptcy or Divorce?
Many married couples discover they need to file for bankruptcy around the same time that they file for divorce. Dealing with either situation is difficult enough, but the two together can be overwhelming. But which should be done first? Should they be done together?...
Guidelines for Bankruptcy Affected by Natural Disasters
Unfortunately, large-scale natural disasters affected hundreds of thousands of Americans in 2017. The Federal Emergency Management Agency (FEMA) reported a historic year of natural disasters. FEMA reported that disasters affected 8% of the U.S. Inevitably some people...
Bankruptcy Stops Wage Garnishment
Wage garnishment can be disastrous for individuals and families who are already struggling to make ends meet. To garnish wages most creditors must file a lawsuit against you and obtained a judgment. By the time wages are garnished your employer has been notified of...
Practical Steps to Take Before Filing Bankruptcy
Deciding to file for bankruptcy is a difficult decision. Though, erasing your debt through bankruptcy may be the best decision you could make for your financial future. Once you are free from unmanageable debt, like credit card and medical debt, you will be in a...
3 More Reasons to File for Bankruptcy
We recently published 3 Reasons to File for Bankruptcy and because there are many reasons why people need to file for bankruptcy protection, we thought it important to follow up with 3 More Reasons to File for Bankruptcy. For many, filing is the best decision for...
How Does Bankruptcy Affect My Mortgage?
If you own a home and are considering filing for bankruptcy protection, you likely have many questions about how your home and mortgage will be affected by filing. First, understand that every bankruptcy case is unique and your options and how you will be affected is...