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Until debt do us part? Understanding debt obligations when one spouse files for bankruptcy

Until debt do us part? Understanding debt obligations when one spouse files for bankruptcy On behalf of Hammond & Hammond, P.C. on Monday, September 19, 2016. On your wedding day, you and your spouse promised that two individuals would become one in the bond of matrimony. Although you have remained unified as a couple, your spouse may … Continue reading Until debt do us part? Understanding debt obligations when one spouse files for bankruptcy

Can I discharge tax debt through bankruptcy?

Can I discharge tax debt through bankruptcy? Do you owe a considerable amount in taxes? If so, you may be wondering if you can discharge your tax debt through bankruptcy. If you qualify for Chapter 7 bankruptcy, you may be able to eliminate some of the taxes you owe through the process. However, you need to understand … Continue reading Can I discharge tax debt through bankruptcy?

Which is better: Filing bankruptcy or doing nothing?

Which is better: Filing bankruptcy or doing nothing? No matter how well our economy seems to be doing, a portion of Americans continues to struggle with their debt, which forces individuals and families in some situations to choose between buying groceries and paying creditors. A difficult decision like this, coupled with the threat of calls … Continue reading Which is better: Filing bankruptcy or doing nothing?

Are Medical Bills Dischargeable In Bankruptcy?

Are Medical Bills Dischargeable In Bankruptcy? If you are having difficulty paying your medical bills, you are not alone. With ever-increasing costs and sky-high deductibles, medical debt is one of the most serious financial problems affecting Georgians today. For many, bankruptcy may provide a solution. Before you file bankruptcy, it's important to evaluate all of … Continue reading Are Medical Bills Dischargeable In Bankruptcy?