Peter Bricks
Bankruptcy and Debt: How Business Debtors Can Avoid the Means Test
The means test for bankruptcy is used by the court to determine whether a debtor(s) has disposable income to pay creditors. Should the...
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Peter Bricks
- Mar 17, 2011
- 4 min
Bankruptcy and Divorce: What it Means for Property and Child Support Settlement Agreements
As we covered in a previous divorce blog, there are many factors to be considered by a person who is thinking about filing for bankruptcy...
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Peter Bricks
- Feb 3, 2011
- 2 min
Home Mortgage Loan Modification and Bankruptcy: Before, During and After Your Filing
The real estate bubble is one the primary culprits behind the rise in individual bankruptcy filings. Currently an astonishing 22.5% of...
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Peter Bricks
- Jan 19, 2011
- 4 min
Bankruptcy and Divorce: Should You File Bankruptcy Before You Get Divorced?
Getting divorced is an emotional hardship. Often times, it is a financial hardship as well. In fact, financial trouble might have been...
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Peter Bricks
- Jan 11, 2011
- 2 min
Can (and Should) Only One Spouse File Bankruptcy?
To the question of whether can only one spouse declare bankruptcy, the answer is yes. However, it is important to delve into not only...
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Peter Bricks
- Jan 6, 2011
- 4 min
Bankruptcy Proof of Claim: Why it is Important
When most people hear someone is filing bankruptcy, they often think the debtor has virtually no assets to speak of. While that may be...
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Peter Bricks
- Dec 27, 2010
- 2 min
Georgia Bankruptcy Cases: Which Court Do You File?
Bankruptcy is a federal law. As such, when someone files bankruptcy, they do so in federal court. That being said, there are plenty of...
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Peter Bricks
- Dec 23, 2010
- 2 min
Which Celebrities Filed Bankruptcy in 2010?
Anyone who has filed for bankruptcy protection before often seeks comfort in knowing they are not alone in their financial situation....
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Peter Bricks
- Dec 17, 2010
- 3 min
Homeowners Association Dues: Can They be Discharged in Bankruptcy?
One of the primary reasons people file bankruptcy nowadays is some kind of issue with the real estate they own. And when a debtor falls...
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Peter Bricks
- Dec 2, 2010
- 3 min
What is a “Preference” in Bankruptcy?
One of the questions on the Statement of Financial Affairs on your bankruptcy petition asks if you have paid any creditor more than $600...
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Peter Bricks
- Nov 15, 2010
- 3 min
Deficiency Judgment After Foreclosure: Can a Lender Still Sue You in Georgia After Taking Your Home?
Seemingly the most common reason people file bankruptcy today is due to real estate. Debtors who are behind on their mortgage are...
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Peter Bricks
- Oct 26, 2010
- 3 min
Home Short Sale After Chapter 7 Bankruptcy: Why They Often Dont Go Together
I am often surprised how many chapter 7 bankruptcy debtors who want to file bankruptcy just before a foreclosure sale to stop the sale,...
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Peter Bricks
- Oct 15, 2010
- 3 min
When You Should Not File Bankruptcy
Yes, even bankruptcy attorneys recognize there are certain times when those in debt should not file bankruptcy. There have been plenty of...
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Peter Bricks
- Oct 6, 2010
- 3 min
How Much Do You Have to Pay Your Unsecured Creditors in Chapter 13 Bankruptcy?
The majority of people who file chapter 13 bankruptcy do not do so because they want to devise an orderly way to pay their unsecured...
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Peter Bricks
- Sep 20, 2010
- 3 min
How Do You Cram Down a Car in Chapter 13 Bankruptcy?
Although no one wants to file bankruptcy, it is important that if someone is going to go through the process, he/she understands all the...
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Peter Bricks
- Sep 12, 2010
- 3 min
How Do You Redeem a Car in Chapter 7 Bankruptcy?
Contrary to some assumptions, debtors in chapter 7 bankruptcy do not have to turn in their vehicles, as a general rule. The most common...
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Peter Bricks
- Sep 3, 2010
- 2 min
What to Know Before Setting up a Limited Liability Corporation in Georgia
Limited Liability Corporations (LLCs) in Georgia contain similar characteristics of both corporations and partnerships. For taxation...
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Peter Bricks
- Sep 1, 2010
- 3 min
Why You Shouldnt Move Out of Your House Right Away if Your Lender Wins a Motion to Lift Stay
Whether in a Chapter 7 or a Chapter 13 bankruptcy, a lender has the right to file a Motion to Lift Stay, to get at their collateral. This...
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Peter Bricks
- Aug 31, 2010
- 2 min
Who is the Bankruptcy Trustee?
When you file bankruptcy, a trustee is appointed by the Office of the United States Trustee to administer your case. Barring an unusual...
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Peter Bricks
- Aug 13, 2010
- 3 min
How Did I Arrange to Pass on my House? It’s in my Will! Wait, is it?
One of the most common areas of estate planning that is overlooked seems to be the actual ownership interests in property. Oftentimes, a...
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