Why should you go about filing bankruptcy? Well simply put, filing a Georgia bankruptcy does not mean you are giving up; in fact it provides you with a second chance financially. Not to mention thousands of Georgia residents seek the help of Georgia bankruptcy lawyers each year for assistance.
If you are planning on filing Georgia bankruptcy, it’s really important for you to know that the new state bankruptcy laws are making it harder for people to file. Many people who actually make too much money, compared to other residents in the state, are now being forced to go about filing bankruptcy under Chapter 13.
Filing bankruptcy under chapter 7 on the other hand can clear up a lot of debt and provide you with a fresh start, mainly by eliminating all of your credit card debt in a matter of mere months. Filing Chapter 13 bankruptcy with the help of a Georgia bankruptcy attorney on is a bit different, since no debts are actually canceled; it just buys you some time.
After you’ve gone and figured out what you’re eligible for, the next step for you to accomplish is to hire a professional Georgia bankruptcy attorney who can help you to remove or even pay back debts that you have by filing. A good Georgia bankruptcy lawyer actually ends up saving you money when all is said and done.
After you have gone about hiring a Georgia bankruptcy attorney, you can then go about successfully filing bankruptcy in Georgia federal courts. These particular courts follow the same bankruptcy code used by all states, but state bankruptcy law dictates that these courts will also factor in the median income for Georgia residents.