Augusta, GA personal bankruptcy attorney

Augusta, GA personal bankruptcy attorney

In 2005 the US Bankruptcy Code was changed mandating that debtors qualify to file for Chapter 7 bankruptcy. The debtor should first take the Means Test. If the Means Test shows that the debtor qualifies to file for a Chapter 7 bankruptcy then it is important to know that there are other conditions. All individuals filing for Chapter 7 bankruptcy protection has to undergo a debt counseling course within six months of filing for Chapter 7 protection. In addition the debtor can also be made to complete a financial education course before discharge of the debts. All persons considering bankruptcy should consult with an experienced Augusta, GA personal bankruptcy since the changes to United States Bankruptcy Code have now made it tough to qualify for Chapter 7. Before you can file for bankruptcy under either Chapter 7 or Chapter 13, you should undergo credit counseling with an agency approved by the United States Trustee's office. You can get the list of approved agencies from the United States Trustee’s website located at www.usdoj.gov/ust. This counseling is meant to provide the debtor an idea of whether there is a real need to file for bankruptcy or if an informal repayment plan can will be enough.

---------------------We are Augusta GA bankruptcy lawyer | Georgia attorney that assist their clients in filing for Chapter 7 Bankruptcy and Chapter 13 Bankruptcy in Augusta GA.