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Bankruptcy—it's a word that can send shivers down your spine. We understand the stress you're under and the sleepless nights you've been having. But you have to remember: you're not alone in this.

Filing for bankruptcy offers many benefits, the most obvious of which is that you could be cleared of all or most of your debts. However, it is important to understand the risks and the unintended consequences of filing for bankruptcy, one of which is its potential impact on co-signers.

Reverse mortgages tap into the equity of your home and provide some form of financial assistance, whether it’s through a lump sum, a monthly stipend, or a line of credit. They are available to homeowners who are 62 or older and qualify not only in terms of home equity but also credit.

In Georgia, businesses that are facing financial difficulties can achieve financial relief and stability through bankruptcy. Taking the time to understand the different options of bankruptcy that are available to you, as well as the benefits, drawbacks, and resulting implications for your company, is imperative to make informed decisions about your business bankruptcy.

According to statistics from the Social Security Administration, on average, nearly 67 million Americans will receive Social Security benefits every month in 2023. In Georgia and across the United States, qualifying retired workers, people with disabilities, dependents, and survivors receive Social Security benefits to cater to their daily living and medical expenses.

In 2022, there were 3,495 bankruptcy filings in the Southern District of Georgia alone. If you're considering filing for bankruptcy, it’s crucial to understand how your filing may affect others, especially anyone with whom you hold a joint account or joint property.

In May 2023, the State of Georgia started issuing refunds to taxpayers from a budget surplus. Those who filed taxes for the 2021 and 2022 tax years qualify for refunds of $250 for single filers, $500 for joint filers, and $375 for single heads of households.

According to statistics from the 2021 Internal Revenue Service Data Book, more than 8.4 million Americans owed over $133 billion in past-due taxes, penalties, and interest to the IRS in 2021. When overwhelmed with debts or facing financial hardship, bankruptcy is among the promising solutions to achieve financial relief.

When you find yourself in over your head with debt you’re not able to pay, you may consider filing for bankruptcy. While this may seem like a drastic step, for some people, it will be the right choice to get them back on the road to a stable financial future.

No government or private employer can terminate – or change the terms and conditions – of an individual’s employment solely based on bankruptcy. This means that your employer cannot fire you, remove your responsibility, decrease your salary, or demote you just for filing for bankruptcy.