Georgia ranks number three in U.S. bankruptcy filings, according to Elizabeth Warren, a professor at Havard Law School and the chair of the Congressional Oversight Panel created to oversee the Troubled Assets Relief Program.
Are you considering bankruptcy, too? Whether this is your initial search for information or you have already done your bankruptcy homework, one great resource for state-specific information is the State Bar of Georgia. It offers a consumer pamphlet series, including an overview of Georgia bankruptcy laws designed to answer general questions about the bankruptcy process. “Anyone considering bankruptcy should speak with an attorney who is familiar with or specializes in bankruptcy for specifics and a greater explanation of the law,” the pamphlet advises.
Our attorneys will help you select the best bankruptcy option for your situation, and ensure that all of your creditors are included in the debt relief settlement. They will guide you through the complexities of this difficult decision, including mapping out every step you must take to qualify for bankruptcy protection and appearing with you in court.
Federal law requires that your debts are a financial hardship beyond control. Common situations that create such circumstances include:
- Loss of employment,
- Medical bills,
- Stopping foreclosure on your home, or
- Divorce.
We understand that your situation is unique, and you may be experiencing any number of the common or other financial hardships. We are here to help you change your situation and gain control of your debt.
To learn more about Elizabeth Warren’s research on bankruptcy, debt, and the current financial crisis in the United States, view her bibliography.
