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Blog Posts in May, 2016

  • Do I Need to Take the Means Test to File for Bankruptcy?

    Are you filing for Chapter 7 bankruptcy in Georgia? You must qualify first under “the means test.” This is a test that determines if one’s income is too above the median for their household size, to be eligible for Chapter 7 bankruptcy. Read our blog for more about the means test and how it relates to your bankruptcy filing! What Are the First Steps? Before beginning with the means test, you must ...
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  • Will an Automatic Stay Prevent Tax Liens?

    When someone files for bankruptcy , the courts will issue an automatic stay to prevent creditors from collecting on your debts. Some types of debts will be exempt from an automatic stay, however. So, if you have any concerns over a tax lien, it is possible that the stay may not protect those assets once you file for bankruptcy. After the process begins, the courts issue the automatic stay, and all ...
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