Financial troubles are common these days. In a recent survey it was found that 76 percent of Americans live paycheck to paycheck, according to CNN. Fifty percent have less than a three-month cushion to live on in case of an emergency, while 27 percent have no savings at all. This presents a huge risk if …
What do I Need to Know About Personal Bankruptcy and Small Business Ownership?
Business owners are often concerned about what happens to their business when they file bankruptcy. In most cases, this is largely dependent upon whether the debts are business debts or personal debts as well as the ownership structure of the company. Typical ownership schemes that GA business owners use include: Sole proprietorship – all assets …
Can waiting to file bankruptcy backfire?
Oftentimes, consumers who find themselves buried in debt try their best to pay that debt off rather than filing for bankruptcy. However, in some cases, the potential for causing additional long-term damage to your credit should give you reason to consult with a bankruptcy lawyer in Kennesaw. Why is it better to file bankruptcy? One …
Attorney Is Denied Bankruptcy Discharge
IN RE: JOHN THOMAS SUTTON Debtor. ROBERT R. HEMBREE, Plaintiff, v. JOHN THOMAS SUTTON, Defendant. BK 10-72943 AP 11-70007 UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ALABAMA WESTERN DIVISION DONE and ORDERED: May 9, 2013 MEMORANDUM OPINION This adversary proceeding came before this court on August 8, 2012 for trial on Robert R. …
Attorney Is Denied Bankruptcy Discharge
IN RE: JOHN THOMAS SUTTON Debtor. ROBERT R. HEMBREE, Plaintiff, v. JOHN THOMAS SUTTON, Defendant. BK 10-72943 AP 11-70007 UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ALABAMA WESTERN DIVISION DONE and ORDERED: May 9, 2013 MEMORANDUM OPINION This adversary proceeding came before this court on August 8, 2012 for trial on Robert R. …
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