Chapter 7 bankruptcy is designed to give someone a fresh start by eliminating their unsecured debts. Unsecured debts include credit card bills, medical bills, amounts due on vehicles that were surrendered or repossessed, rent from a prior residence, and personal loans. (Debts that generally cannot be eliminated under Chapter 7 include child support, alimony, student…
You may have heard the phrase that “filing bankruptcy is a matter of public record.” What exactly does that mean? If you file for bankruptcy, can people access your personal, financial information? In Burrow & Associates’ latest blog, we’re explaining the term public record and what it means for your bankruptcy case. What is Considered…
If you live in the Metro Atlanta area, you may have noticed more crosswalks and pedestrian crossing signs being installed in your neighborhood. With gyms and other fitness facilities still closed for health and safety precautions, more people are taking to the streets to get their exercise. The crosswalks and signals are designed to protect…
Every day in the US, about 30 people are killed in drunk-driving-related accidents. That’s about 12,000 people every year. (Source: NHTSA). According to Mothers Against Drunk Driving, many of those convicted of drunk driving got behind the wheel at least 80 times before they were arrested for DUI. Even if a drunk driver loses their…
If you or a loved one are injured in an accident caused by the reckless or negligent actions of another driver, there are several types of compensation available for any injuries or other losses. In Georgia, you will often see that the accident victim was awarded emotional distress damages because of their injuries. In Burrow…
The ongoing health crisis has left millions of US citizens out of work and struggling with debt. For those households who are already dealing with medical bills, car loans, and student loans, a situation like a job loss or illness can send families over a financial cliff. To help alleviate some of the financial issues…
What Happens When a Spouse Declares Bankruptcy in Georgia? At Burrow & Associates, one of the questions clients frequently ask our bankruptcy team relates to married couples and filing for bankruptcy. The couples want to know what will happen if only one of them file for bankruptcy. Will it impact the other spouse? In today’s…
Prior to filing for bankruptcy, you may wonder, “Is this going to affect my credit score?” or “How long does a bankruptcy stay on my credit?” To make an informed decision about your financial situation, it helps to know how bankruptcy will affect your credit card debt and credit score. The short answer is, yes,…
If you’re considering filing for bankruptcy, you may have come across several different types of bankruptcy. Understanding which type you qualify for can be just as important as making the decision to file. The most common individual bankruptcy case is called a Chapter 7 bankruptcy. What is Chapter 7 bankruptcy? Below, we’ve provided important answers…
If you have recently decided bankruptcy is the right choice for you, you may have questions about how to file for bankruptcy. Understanding timelines as well as the different forms you will need to complete is essential to the success of your bankruptcy case. For many, the paperwork alone can seem overwhelming. While it is…
