What happens to my credit report?

Did you know that filing a bankruptcy case does affect one’s credit report in a negative way?  Many debtors are under the belief that by filing bankruptcy, they will never ever be able to buy a house, car or anything else because they filed bankruptcy.  While filing bankruptcy is not going to produce a positive spin on a debtor’s credit history, nothing can be further from the truth.  Clients have shared with me the fact that they have taken a 200 point hit while others only 100 points.  … [Read more...]

Filing for Bankruptcy in Georgia

You know you're in debt way over your head. You say to yourself, I can make this work if I just have a little more time. Unfortunately, time may not be on your side. If you have considered filing for bankruptcy or if you want to find out what options you have, Call me, your Atlanta bankruptcy lawyer, at 770-396-4323 or email me today for a no-cost evaluation of your case. With over twelve years experience, I can usually tell within five minutes whether (1) you should even consider … [Read more...]

Can Bankruptcy Really help?

Many times, debtors aren’t sure whether filing bankruptcy will really help their situation or hurt them. The word bankruptcy has a tinge of negativity to it. History shows that the word comes from the Latin terms bancus (a bench or table), and ruptus (broken). Additionally, Italians have been known to use the word “bancarupta”which means bench broken or bank broken quite often when a banker/tradesman could not make good on his debts. So it is understandable when people try to find other ways to … [Read more...]

What about Consumer Credit Counseling? – Credit Counseling Atlanta Georgia

What about Consumer Credit Counseling? Over the past few years, a popular alternative to bankruptcy has surfaced. Consumer Credit Counseling Services (CCCS), a nonprofit organization financed by credit card companies and other consumer finance organizations, works with you to reduce some of your debt and create a plan to pay off the rest of your debt without the intervention of the Bankruptcy Courts. If your debt is not too overwhelming and you have sufficient income, CCCS may be able to … [Read more...]

11 Steps to a Safe and Happy Financial Future

Step #1: It is better to have some good credit rather than all bad credit. When times are worst, try to keep one or two of your accounts current. The foundation for rebuilding your credit can hinge on those one or two good accounts. Step #2: Stability is good. Try to avoid moving around too much. Step #3: A co-signer may help you in re-establishing your credit. … [Read more...]