Monthly Archives: October 2009

Questions You Should Expect From the Trustee at 341 Meeting of Creditors in Atlanta

Most of you have never been inside of a courthouse, much less a Federal courthouse where a stranger will be asking you questions about your personal affairs.  You are required to attend the 341 Meeting of Creditors hearing, which usually takes place 4-5 weeks after your bankruptcy case was filed, at which [...]

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If My Husband Is Not Filing For Bankruptcy With Me, Will His Credit Be Hurt?

This question is common for individual filers who are married.  Bankruptcy effects your credit by way of your social security number being disclosed in your bankruptcy petition, which is then reported to the credit reporting agencies.  If your spouse is not filing for bankruptcy protection, then your spouse’s social security number [...]

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Georgia’s Means Test Median Income Threshold Changing on November 1, 2009

To qualify to file under Chapter 7 of the U.S. Bankruptcy Code, your household’s income must be under Georgia’s median income threshold on the Means Test.
Here are the median income thresholds in Georgia until October 31, 2009:
Household size of 1 – $40,760
Household size of 2 – $54,054
Household size of 3 – $61,958
Household size [...]

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Information You Need To Know About Your Bankruptcy Hearing In Atlanta

John Hilla, Esq., author of Michigan Bankruptcy Lawyer blog recently posted a blog about the proper attire for your Meeting of Creditors hearing. That article got me thinking about other things you should consider before your Meeting Of Creditors hearing in Atlanta.
When Will My Meeting Of Creditors Hearing Be Scheduled?
Your hearing will be scheduled [...]

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Stay Informed! Get A Copy Of Your Credit Reports And Credit Score For FREE!

If you need or want a copy of your credit reports, as a Georgia resident you are entitled to a FREE copy of all three credit bureau reports twice a year.

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Loan Modification – Should You Pay For The Service?

If you are considering applying for a loan modification, please be skeptical of any company that is charging you for a service that you can do, or can be done by a non-profit organization. If you insist on paying for the modification service, verify their record of service with Georgia’s Attorney General, the Bettter Business Bureau, Georgia’s Secretary of State, and any other service you can find.

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You Are Not Alone. There Are More Than One Million People Just Like You!

The American Bankruptcy Institute reported today that 1,046,449 consumer bankruptcy cases have been filed in the U.S. since January 2009. This is the first time since the bankruptcy rules were overhauled in 2005, that over one million bankruptcy cases were filed during the first three quarters of the year. The American Bankruptcy Institute expects there will be more than 1.4 million bankruptcy filings this year.

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