How to stop a foreclosure in Georgia file bankruptcy

According to consumer credit of counselling services of greater Atlanta "a people to five draw, which by the Government of the pre-bankruptcy advice needed quote to avoid foreclosure as their main motivation for this drastic legal step." If the feeling that locks the threat, filing bankruptcy can keep your creditors Bay, albeit only temporarily.Difficulty: ChallengingInstructions1Seek credit counseling. The federal bankruptcy code requires each debtor in bankruptcy get credit counseling before filing a petition in bankruptcy. Advice must be completed within 180 days of filing. 2Make from, you have been a resident of Georgia 90 days, filing. 3Take forward means test. It can be very complicated and a debtor is pro can make an error would get rejected case. Therefore bankruptcy debtor prompted attorney.In, employ an experienced bankruptcy debtor file on its own will try must follow this formula: If the family income than the median family income Georgia, then small it will introduce bankruptcy Chapter 7. (See note 2) 4Compare the middle income family such as the Bureau of the census show your family income Georgia: family of two, $55,258. Family of three, $61,104. Family of four $68,502. Family of five, $63,364. Family of six $64,654. and family of seven or more, $59, 212. 5Figure from monthly income monthly cost of monthly income. If the income the family of the debtor about the median family income Georgia: if it has less disposable income of $100 per month, it will be for Chapter 7. He has over $100 of disposable income per month, which would apply 25% its total debt, if paid monthly for five years, he is for Chapter 7 file. If the monthly income of more than $100 25% its debt abdecken würdeinsgesamt, if monthly paid for five years, he chapter 13 6File insolvency file. Bether a debtor a chapter 7 or chapter 13 files is an automatic suspension petition immediately in place, once the application has been made. Automatic stop prevents creditors collect on debt. As a result, a debtor must stop to lock every effort, House. At this point, the debtor must consider how it goes to pay for the House or if it is able to pay for the House.