October 6, 2023

Water Cooler Woes: Dealing with Misconceptions in Legal Advice

Welcome to another insightful episode of the Georgia Bankruptcy Podcast, where host Jeff Kelly exposes the hazards of getting legal advice from non-attorneys such as colleagues or family members.

In this episode, Jeff unveils a series of misconceptions about the law that have been misleading people, causing unforeseen complications. One of these misconceptions is the erroneous belief that second mortgage companies cannot foreclose on your property. He emphasizes that such misconceptions can be harmful and advises listeners to seek professional legal advice instead.

As we delve deeper into the narrative, a noteworthy trend is discussed – the resurgence of foreclosures in the wake of the COVID-19 freeze period. Even with high equity values and loan modifications at play, Jeff foresees an increase in foreclosure activity, part of a changing market influenced by higher interest rates. This points to the necessity of being well informed about your rights and procedures involved in cases of foreclosure.

A call from a potential client reveals the potential devastation caused by misinformation. The caller believed he couldn’t be foreclosed on by a second mortgage company, a false assumption that caused a great deal of distress when he was, in fact, foreclosed upon. He provides a detailed account of the foreclosure process in Georgia, hence debunking another common law myth.

Other subjects we covered on the show:

  • The dangers of relying on informal legal advice.
  • The rise in foreclosure activities post the COVID-19 freeze.
  • The reality of foreclosure by second mortgage companies.
  • Understanding the foreclosure process in Georgia.

If you want to know more about Jeff Kelly and The Georgia Bankruptcy Podcast, you may reach out to him at:

Join our email newsletter to be alerted about our next episodes!

Every week, you get to listen to our hosts respond to one of your questions submitted by one of our viewers!

Break free from the burden of debt!

Dealing with foreclosure, repossession, garnishment, or other financial
problems? Let us help you! Fill out the form to send us a message

Copyright © 2021 Kelly Bankruptcy Podcast | Powered by Advantage Attorney Marketing & Cloud Solutions




Enjoy luxury, exclusivity and discretion


Get 25% Off & Free Shipping On Your First Order. Enter Code WELL25SPE