Conley, GA Bankruptcy Law Firms & Lawyers

In Arizona the social security benefits and the state unemployment benefits would be exempt from creditors. If your income is the only asset you have you may not have to file bankruptcy if you are okay dealing with the creditors harassing you. Otherwise, if you have other assets, you just want the creditors to stop contacting you, or you plan on obtaining new employment, you should probably consider filing bankruptcy.

Call a bankruptcy attorney now! Foreclosure Laws vary from state to state. In Georgia, every 1st Tuesday of the Month is called Foreclosure Tuesday, and that is the day all foreclosures in Georgia take place. If you live in Georgia and your home is scheduled for a December foreclosure, you will need to get a case filed by Monday, December 3rd at the latest, so the creditor will get notice of your case filing. Of course, I suggest you make an appointment with a Bankruptcy Attorney as soon as possible so the process will be in the works and you don't have to file an incomplete case.

Note that in a bankruptcy, you can never discharge a debt secured with collateral such as real property for instance. So even if you file bankruptcy, your debt and your lien remains the same, and you may either re-affirm the debt by continuing to pay the mortgage or go delinquent and relinquish the house. It is not uncommon for loan owners to sell the loan to other companies as it has happened in your own case,. In any case, your name is still on the deed and the lenders are still your lien holders, your filing bankruptcy has not changed the ownership, even though the owners of the loan may have changed. all you need do is continue paying your mortgage and you will be sure to keep the house for as long as you are fulfilling this obligation.