As you consider filing bankruptcy, you must account for the type and amount of debt you have and for which type of bankruptcy to file in order to best resolve your financial crisis. Chapter 7 is the most frequently filed for and fastest type of consumer bankruptcy. Known as “liquidation” bankruptcy, Chapter 7 allows you…
Read MoreGeorgia is among a few states with the shortest foreclosure timeline. The average foreclosure process from the issuance of the Notice of Default can take as little as 60 days in Georgia, whereas the national average is closer to four months. The reason our timeline is so short is because the foreclosure process in Georgia…
Read MoreMany people who have fallen behind on their mortgage payments may ask themselves, “Should I modify my mortgage?” Try considering several factors to decide whether loan modification is right for your situation. First, understand that a loan modification is a new agreement with your mortgage provider that alters the original terms of your mortgage loan….
Read MoreLenders across the country continue to foreclose on homeowners who fall behind on their mortgage payments. Each month, hundreds of Georgians lose their homes at foreclosure sales. You can file for bankruptcy under Chapter 13 to stop foreclosure. If you qualify, Chapter 13 not only protects your property, but also forces your creditors to halt…
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