When an individual files a bankruptcy case, they are allowed to claim exemptions to protect their property. Some states allow bankruptcy debtors to use the federal exemptions, while other states, like Georgia, have their own specific bankruptcy...
Read moreSIMPLE WAYS TO AVOID MAKING UNWISE FINANCIAL DECISIONS
It is very easy to look back on an important financial decision that you made and wished that you had never made it. Sometimes these financial decisions lead down the path to bankruptcy. While there may be some circumstances in which the decision...
Read moreAugusta Bankruptcy Court issues a reminder about lack of jurisdiction over credit reporting inquiries.
https://www.gasb.uscourts.gov/news/public-notice-regarding-credit-ratings-and-credit-reporting
Emerging Debt Recovery And Collection Trends For The 4th Quarter Of 2023
As we enter the fourth quarter of 2023, the attorneys at Leiden & Leiden recognize certain trends in the areas of debt recovery/collection that will have a profound effect on consumers at the same time that our economy is worsening. These...
Read moreWHY WOULD YOU DECLINE TO TAKE MY BANKRUPTCY CASE?
This is a frequently asked question for any bankruptcy attorney and is dependent upon the unique facts and circumstances of each case. In some instances, the probable success of a bankruptcy case can be determined at the initial consultation and...
Read morePREPARING AN ACCURATE BANKRUPTCY PETITION WHY YOUR CREDIT REPORT MAY NOT DISCLOSE ALL OF YOUR DEBTS
For consumers filing bankruptcy, it is especially important to disclose all of your creditors to the bankruptcy court. This disclosure is part of the bankruptcy petition which is filed with the bankruptcy court, and assists the Clerk of...
Read moreOVERLOOKED CAUSES OF FINANCIAL DISTRESS
Our website at Leiden & Leiden has previously described the most common causes of financial distress which may lead to bankruptcy. Among those causes are divorce/separation, unemployment/underemployment, health issues and mismanagement...
Read moreDÉJÀ VU ALL OVER AGAIN
In 2008, this country entered into what has been called the “Great Recession”. Many mistakes were made by some of the largest institutional lenders in the country, and the consequences of those mistakes spread throughout our economy. While some...
Read moreROMANCE SCAMS – A STEADILY RISING CAUSE OF BANKRUPTCY
Victims of scam artists frequently find themselves in financial distress. Our office has represented dozens of innocent scam victims who liquidated assets, and then after their assets were expended, began borrowing money in the futile hope that...
Read moreDebt Settlement: How It Works and Risks You Face
When Bankruptcy Is the Best Option
THE HIDDEN RISKS OF DEBT SETTLEMENT PLANS
As the government support received during the pandemic begins to diminish, and lender/creditors resume their regular collection activity, many consumers may consider enrolling in a debt settlement plan. Unfortunately, the sales hype about these...
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