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Chapter 7 Bankruptcy – What Is A 722 Redemption?

By Jeffrey Kelly | September 21, 2010

In some Chapter 7 bankruptcy cases, a section 722 redemption might be a good idea.  Section 722 of the Bankruptcy Code allows a debtor to redeem collateral (like a car) for the amount of the secured claim. Section 722 states, ” An  individual debtor may, whether or not the debtor has waived the right to […]

Bankruptcy – Can the IRS Sink My Chapter 13?

By Jeffrey Kelly | September 16, 2010

In some Chapter 13 cases, the IRS can sink the entire case. I recently had a client from Dalton, Georgia who owed the Internal Revenue a significant amount of nondischargeable payroll taxes but had worked out a long term payment plan. Their pre-bankruptcy plan with the IRS was to pay the debt in installments over […]

Chapter 7 Bankruptcy – When is it a Bad Idea to Reaffirm A Debt?

By Jeffrey Kelly | September 13, 2010

In a Chapter 7 bankruptcy, it is sometimes a bad idea to reaffirm certain types of debts. Reaffirm means you re-obligate yourself on the debt.  Or in other words, you legally agree to treat the debt as if you have never filed Chapter 7 bankruptcy against it. For example, lets you bought a car from […]

How Can I Stop The Creditor Calls?

By Jeffrey Kelly | September 9, 2010

Creditor calls can be stopped by filing either Chapter 13 or Chapter 7 bankruptcy in Georgia.  When you file for bankruptcy, the automatic stay protects you from harassment.  With the protection of the automatic stay, creditors must stop all collection efforts against you.  Harassing phone calls are included in this category.  Any creditor that ignores […]

Bankruptcy – When Is It Too Late to File in Georgia?

By Jeffrey Kelly | September 6, 2010

When is it too late to file for bankruptcy in Georgia? The answer to this question is usually never.  However, if you are dealing with a foreclosure, you must get a bankruptcy case number before your house is auctioned off on the courthouse steps.  If you wait until after the foreclosure has already taken place, […]

Update of Mortgage Aid from the Federal Government

By Jeffrey Kelly | September 6, 2010

The Wall Street Journal recently reported an update on mortgage aid from the federal government (see WSJ article).  The article reports that the Obama administration “will launch its most ambitious effort at reducing mortgage balances for homeowners who owe more than their homes are worth.” Federal government officials estimate that between 500,000 and 1.5 million […]

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"Jeff and his team do great work. They are fast and easy to work with. I would suggest working with them if you need to file for bankruptcy. Thanks Kelly Law Group!

Tom L.

"The staff was great helpful always there to answer our questions courteous would highly recommend Mr Kelley and his office staff Great Job. Thanks. Mary and Philip Abrams."

Mary A.

"They really helped me to feel comfortable and explained everything in detail and made sure I understood the process from start to finish. I recommend them highly. Thank you guys."

Mickey J.

"Mr Kelly was very professional and charming. He explained everything, took time for me to decide the right course to take in my situation. He is also funny I would recommend him to anyone looking for an honest attorney who has a heart."

Dyann R.

"Extremely professional. Helpful and knowledgeable every step of the way. Make you comfortable from the get go and never make you feel like they are judging you. Each and every person I talked to was so nice."

Lynn S.

"I would love to just tell you THANK YOU!! Without your help my family would have been destitute. Now that my case has been completed successfully, it is the biggest RELIEF to not have to wonder how to make ends meet."

Angela W.