If you’ve never faced a severe personal injury caused by someone else’s negligence, your only knowledge of settlements might come from the media or TV. Sensational stories often highlight multi-million dollar settlements against negligent companies. Recent headlines have featured settlements ranging from $60 million to $225 million. However, typical personal injury settlements are much different….
Chapter 7 bankruptcy, often called liquidation bankruptcy, is commonly chosen by individuals in Georgia struggling to meet their debt obligations. This option may be appropriate if your income is below the state median for your household size or if you qualify through the “means test,” which evaluates your financial capacity to pay off debts given…