Georgia Bankruptcy Law Network

Georgia Bankruptcy Law Network

Bankruptcy Questions Answered by Georgia Bankruptcy Law Professionals

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Who Has Final Responsibility For Making Sure Bankruptcy Schedules Are Correct?

In consumer Bankruptcy cases, especially Chapter 7 cases, completing the Schedules is one of the most important tasks.  The Schedules identify (among other things) all your creditors, your property (and values of the property), your exemptions, income and expenses.  In Chapter 13 cases, they will show the disposable income that will be paid to the… Continue Reading

Involuntary Bankruptcy: Can A Creditor Or Someone Else Put You In Bankruptcy?

Although this and virtually all other consumer Bankruptcy blogs discuss Bankruptcy cases that are voluntarily filed by individuals, occasionally someone asks whether they can be forced into Bankruptcy by a creditor or another party.  The answer is yes, it is theoretically possible, but very rare in practice.  The process is called an “Involuntary Bankruptcy Petition”… Continue Reading

Stopping A Foreclosure In Georgia – Bankruptcy and Other Options

Many Bankruptcy cases in Georgia, and other states, are filed to stop a foreclosure of the family home.  They are not filed only because of the foreclosure, but the realization that the family home is about to be lost is usually the final straw after a period of financial problems.  It is certainly understandable that… Continue Reading

“Emergency” Cases and “Skeletal” Bankruptcy Petitions – What Are They?

“Emergency” Bankruptcy cases or petitions, and “skeletal” petitions, are terms that are used fairly often in the Bankruptcy world and you may come across the terms in various websites (such as this one).  The terms are related, but have different meanings.  An “emergency” Bankruptcy case is, as the name implies, a Bankruptcy case that has… Continue Reading