About Brent George

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So far Brent George has created 89 blog entries.

The Bankruptcy “Means Test”: What it Means?

2020-11-30T23:39:43+00:00November 30th, 2020|

In a nutshell, the bankruptcy means test determines whether you're eligible to file for Chapter 7 bankruptcy. Like most things in life, however, it's not that simple—the means test factors in a couple underlying "tests" to determine your ultimate eligibility. The underlying factors include things [...]

Is a Fear of Bankruptcy Holding You Back?

2020-11-11T00:00:04+00:00November 10th, 2020|

According to data collected from the 2019 U.S. Census, Americans are in debt by an average of $90,460. Gen Xers have the highest amount of debt at an average of $135,84. Gen Z, which only comprises ages 18-23 in terms of their ability to obtain [...]

Can Filing for Bankruptcy Save Your Small Business?

2020-10-23T17:21:01+00:00October 23rd, 2020|

An August 2020 survey by the U.S. Census Bureau that measures the pulse of small businesses in the U.S. revealed that nearly 75% of its respondents report a moderate-to-large negative impact due to the Covid-19 pandemic. The data collected in October also revealed that many [...]

When Does Bankruptcy Leave Your Credit Report?

2020-10-08T21:50:36+00:00October 8th, 2020|

Covid-19 is still going strong, and so is the economic fallout. Most banks are expecting billions in fourth-quarter losses. The retail and hospitality industries have seen store closures and bankruptcy filings, and many expect personal bankruptcies to rise. Filing personal bankruptcy means you get immediate [...]

Will Personal Bankruptcies Rise Due to Covid?

2020-09-10T21:54:43+00:00September 10th, 2020|

In our last blog, we talked about all the business bankruptcies among various industries occurring as a result of the Covid-19 crisis. As unfortunate as those bankruptcies are, we wish we could say that the financial fallout is limited to businesses, but that is simply [...]

Disputing Credit Errors: What You Should Know

2020-07-24T20:45:17+00:00July 24th, 2020|

Your credit score is important because it determines your ability to obtain credit for a home, automobile, and more. It can even play a role in whether or not you can land certain jobs. If you know that you have a poor credit report or [...]

What Type of Property Can Be Repossessed by Creditors and How?

2020-01-16T18:38:26+00:00January 16th, 2020|

Okay so, what type of property can you have repossessed? Well, let’s consider the word “Repossession” for a second. The word does suggest re-possession which means that the creditor taking back the property to ‘repossess’ it must have once possessed it in the first-place. Sure, [...]