Things have gotten tough for a lot of folks due to the coronavirus pandemic, and many people are considering filing bankruptcy. How do you know if you can file? When should you file? What do all of those chapters mean? How do you find a good bankruptcy attorney?
Doug Lenhardt, an Athens general practitioner who has handled bankruptcy cases for 17 years, shares everything you need to know about the basics of this complex area of the law. Doug walks us through the bankruptcy process step-by-step, explaining everything from cram-downs to keeping your home; wild card exemptions to creditors meetings; and filing electronically to what the trustee does.
Doug also explains new laws that protect debtors, as established by the recent Coronavirus Aid, Relief, and Economic Security (CARES) Act.
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