http://www.georgiadebtlaw.com/bankruptcy-blog Georgia Debt Law ::. Bankruptcy News and Resources Thu, 29 Sep 2011 22:40:26 +0000 http://backend.userland.com/rss092 en Some interesting news came out today. Unemployment claims fell to the lowest levels since April. This is the lowest level for first time claims filed since the week of April 2, which had 385,000 initial claims. That said, new claims have regularly remained above 400,000 a week for the last six ... http://www.georgiadebtlaw.com/bankruptcy-blog/2011/09/29/what-happens-to-bankruptcy-rates-as-unemployment-drops/ Medical bills are one of the three most common reasons people file for personal bankruptcy. In fact, medical bills are the most common financial reason a person files either Chapter 7 or Chapter 13. Berry & Associates has help thousands of Georgia residents with high medical debt either eliminate or create a ... http://www.georgiadebtlaw.com/bankruptcy-blog/2011/09/26/i-have-100000-in-medical-bills-should-i-file-bankruptcy/ Are you an Atlanta resident being constantly called by debt collection phone calls? Creditors can pushy and even at times talk threatening towards you. It shouldn't be this way. There are both laws that protect you from harassing techniques. In addition, filing for bankruptcy can help stop these calls. This ... http://www.georgiadebtlaw.com/bankruptcy-blog/2011/09/25/how-to-stop-debt-collectors-in-atlanta/ Bankruptcy lawyers get all sorts of questions from their clients. People filing bankruptcy want to keep as many assets as possible within their estate. A dedicated bankruptcy lawyer will do just that. One particular area that can make a big difference in a person's estate is how the courts view ... http://www.georgiadebtlaw.com/bankruptcy-blog/2011/09/24/is-a-401k-exempt-in-a-georgia-bankruptcy-filing/ If you haven’t heard of the lost generation, a recent AP article is an excellent place to start. (Read: Census: Recession takes big toll on young adults). The news is expected to shape an entire generation of young adults. Lowest Employment Rate Since WWII: “Employment among young adults 16-29 was 55.3 percent, ... http://www.georgiadebtlaw.com/bankruptcy-blog/2011/09/23/the-lost-generation-and-the-recession/ It is not uncommon for the average Georgia resident to have over $5,000 in credit card debt. For some Georgia residents, this may be the credit card debt for one card, even the smallest credit card balance. For a variety of reasons including personal, medical expenses and business expenses, it ... http://www.georgiadebtlaw.com/bankruptcy-blog/2011/09/21/chapter-7-for-100000-credit-card-debt-or-chapter-13-bankruptcy/ Many consumers facing a personal bankruptcy opt for a repayment plan. In Georgia, people work with a bankruptcy attorney to create a repayment plan that will help to protect their home from foreclosure and keep non-exempt items. Question: What is a Bankruptcy Repayment Plan? Answer: A repayment plan is another way of describing ... http://www.georgiadebtlaw.com/bankruptcy-blog/2011/09/20/what-is-a-bankruptcy-repayment-plan/ A Chapter 7 bankruptcy is also known as a straight bankruptcy or a liquidation plan. Under this plan you work with your lawyer at selling off your assets to pay back your creditors. In this scenario you won't have enough money to pay back your debts completely, but the plan ... http://www.georgiadebtlaw.com/bankruptcy-blog/2011/09/19/chapter-7-non-exempt-property-examples/ When a person files for Chapter 7 bankruptcy in Georgia they commonly ask their lawyer about how much personal property that they can keep. This question can be a complex process and a complicated question. To ensure that you maintain the most property possible your lawyer will request that you ... http://www.georgiadebtlaw.com/bankruptcy-blog/2011/09/18/chapter-7-exempt-property/ Many consumers considering a personal bankruptcy have questions about what they can keep and what they cannot keep upon filing a petition. The Georgia bankruptcy law can be complex when it comes to Chapter 7 debts that can be discharged.  A common goal that consumers have when filing is how ... http://www.georgiadebtlaw.com/bankruptcy-blog/2011/09/17/chapter-7-debts-that-can-be-discharged/