Legal Question in Bankruptcy in Georgia

Will I be able to file chaper 7?

I am 25k in debt, mostly credit cards. I don't own a house. I have a car that is paid off, so most of my bills are credit cards and medical bills. One particular creditor I am having a problem with is a bill that is 8k and growing with interest, the account is closed, but they are still adding interest. I called them and tried to work out a payment plan and they will not accept it. They will only accept half the amount for a settlement which I cannot afford at all. How do I handle this?

Can I file bankruptcy? The 8k bill is 2yrs with a collection agency. Is there a minimum amount of debt that is reqired to file? Also, I have a workman's comp case on going, so if I expect to get a settlement, should I file bankruptcy before or after I settle?


Asked on 8/23/05, 2:33 pm

2 Answers from Attorneys
Bernd Stittleburg Stittleburg Law Offices, LLC

Re: Will I be able to file chaper 7?

In order to determine whether you can file a chapter 7 case, I would need more information. Please call me at 770-396-4323 or email at [email protected]

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Answered on 8/23/05, 2:45 pm
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Re: Will I be able to file chaper 7?

Because of the harsh new bankruptcy code effective on October 17, 2005, it is imperative that if you should file, that you act immediately, as delay may limit or eliminate your rememdies. I'd suggest downloading our worksheet at www.glenashman.com and calling us for an immediate review at 404-768-3509.

Depending on the nature and size of the settlement, it may be unafected by bankruptcy.

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Answered on 8/23/05, 3:02 pm


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