Tag: FILING

What is the difference between debt resolution and bankruptcy?

Debt resolution is settling a debt with a creditor for less than is owed on the debt. Bankruptcy means filing papers in court stating that you are bankrupt, and asking the court to either discharge your debts or to reorganize the debts into more manageable payments. Debt resolution is a good option for some people.
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I have a good credit score but am considering bankruptcy. How much will it damage my credit score and when can I rebuild it to where it is now?

I’m sorry to hear you are facing bankruptcy, especially if you have a good credit score. Bankruptcy is something most people do not take lightly, and if you have a good credit score, it’s likely that you have been responsible with your money in the past. In some cases, unforeseen circumstances, like a major medical
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I am considering filing for bankruptcy early next year to get a fresh financial start. What steps should I take now to prepare for a bankruptcy?

If you believe you are in over your head financially, and that bankruptcy is the only option for you, there are a number of issues you should sit down and consider. In addition, there are some actions you should take to protect yourself. Is bankruptcy right for you?  First, consider whether bankruptcy is really the
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Holston & Huntley, LLC, Attorneys & Lawyers Bankruptcy, Atlanta, GA
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