{"id":907,"date":"2023-09-08T18:00:17","date_gmt":"2023-09-08T18:00:17","guid":{"rendered":"https:\/\/kellybankruptcy.com\/?post_type=podcast&#038;p=907"},"modified":"2024-03-19T16:14:52","modified_gmt":"2024-03-19T16:14:52","slug":"busting-myths-about-chapter-7","status":"publish","type":"podcast","link":"https:\/\/kellybankruptcy.com\/podcast\/busting-myths-about-chapter-7\/","title":{"rendered":"Busting Myths About Chapter 7"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Busting Myths About Chapter 7\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/QvLXZoPK7Cw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<div style=\"width: 100%; height: 200px; margin-bottom: 20px; border-radius: 6px; overflow: hidden;\"><iframe style=\"width: 100%; height: 200px;\" src=\"https:\/\/player.captivate.fm\/episode\/b5ea7a51-4bdb-4e9b-9d84-d3d5c67254f7\" frameborder=\"no\" scrolling=\"no\" seamless=\"\"><\/iframe><\/div>\n<p><span style=\"font-weight: 400;\">On today&#8217;s segment of the Georgia Bankruptcy Podcast, we are going to delve into the subtle complexities of Chapter 7. Chapter 7 is often shrouded in misconceptions, and it&#8217;s my goal to dispel these misconceptions, providing a lucid and unambiguous breakdown.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As I, your host Jeff Kelly, explain the common belief that filing under Chapter 7 is as simple as waving a magic wand is one of the myths I aim to debunk. The process involves many complex steps, and I provide a meticulous analysis to help navigate you through this labyrinth of bankruptcy law.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The significance of strong legal analysis before filing can&#8217;t be emphasized enough, and I am here to provide a wealth of information from my years of practice in northern Georgia. This isn&#8217;t just theoretical insight. I also share stories from my own career, illustrating the potentially problematic consequences when people rush into filing without adequate forethought. In a world of soaring real estate values and fluctuating exemptions, the choice to file under Chapter 7 can dramatically affect your monetary assets, even your homes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, a pivotal issue is the median income test. I break down how your income establishes your qualification to file Chapter 7. Extending from there, I also discuss several pertinent topics, such as property sales, incurring inherited money, dealing with undisclosed lawsuits, and more. Mastery of bankruptcy law is my game, and my goal is to offer tangible solutions to any potential problem you might encounter.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You don&#8217;t want to miss out on this episode! I am committed to lighting the way to a debt-free life through each new revelation and explanation. So, buckle up, remember each detail, and head over to the website to grab my free book. Let&#8217;s look at your options together and work on your fresh start.<\/span><\/p>\n<h3><b>Other subjects we covered on the show:<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0\u00a0Pros and cons of filing bankruptcy under Chapter 7.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0\u00a0How to navigate the process if you own a business.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0\u00a0An in-depth analysis of the &#8216;Median Income Test&#8217;.\u00a0\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0\u00a0Steps to protect your assets during bankruptcy.\u00a0\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0\u00a0Strategies for rebuilding your credit post-bankruptcy.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If you want to know more about <\/span><b>Jeff Kelly and The Georgia Bankruptcy Podcast<\/b><span style=\"font-weight: 400;\">, you may reach out to <\/span><b>him<\/b><span style=\"font-weight: 400;\"> at:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/kellycanhelp.com\/about-us\/our-team\/jeffrey-b-kelly\/\"><span style=\"font-weight: 400;\">https:\/\/kellycanhelp.com\/about-us\/our-team\/jeffrey-b-kelly\/<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.linkedin.com\/in\/jeff-kelly-9a328624\"><span style=\"font-weight: 400;\">https:\/\/www.linkedin.com\/in\/jeff-kelly-9a328624<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/law-office-of-jeffrey-b-kelly-pc.business.site\/\"><span style=\"font-weight: 400;\">https:\/\/law-office-of-jeffrey-b-kelly-pc.business.site\/<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li aria-level=\"1\"><a href=\"https:\/\/kellybankruptcy.com\/\">https:\/\/kellybankruptcy.com\/<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Join me, Jeff Kelly, on this week&#8217;s episode of Georgia Bankruptcy Podcast as I unravel the intricacies of Chapter 7 bankruptcy. Misconceptions cleared, complex processes analyzed, and important issues like the median income test discussed. Be privy to my insights from my career and learn how hasty decisions could impact your assets dramatically. Don&#8217;t miss this chance for a debt-free fresh start &#8211; visit our website for a free book and let\u2019s explore your options together. You can start @KellyCanHelp.com.<\/p>\n","protected":false},"author":9,"featured_media":908,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"sync_status":"none","episode_type":"audio","audio_file":"","castos_file_data":"","podmotor_file_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":""},"tags":[],"series":[21],"blocksy_meta":[],"episode_featured_image":"https:\/\/kellybankruptcy.com\/wp-content\/uploads\/2023\/09\/GBP-Thumbnail-2.png","episode_player_image":"https:\/\/kellybankruptcy.com\/wp-content\/plugins\/seriously-simple-podcasting\/assets\/images\/no-album-art.png","download_link":"","player_link":"","audio_player":false,"episode_data":{"playerMode":"dark","subscribeUrls":{"apple_podcasts":{"key":"apple_podcasts","url":"","label":"Apple Podcasts","class":"apple_podcasts","icon":"apple-podcasts.png"},"stitcher":{"key":"stitcher","url":"","label":"Stitcher","class":"stitcher","icon":"stitcher.png"},"google_podcasts":{"key":"google_podcasts","url":"","label":"Google Podcasts","class":"google_podcasts","icon":"google-podcasts.png"},"spotify":{"key":"spotify","url":"","label":"Spotify","class":"spotify","icon":"spotify.png"}},"rssFeedUrl":"https:\/\/kellybankruptcy.com\/feed\/podcast\/kelly-bankruptcy","embedCode":"<blockquote class=\"wp-embedded-content\" data-secret=\"Tm3VVS6l7P\"><a href=\"https:\/\/kellybankruptcy.com\/podcast\/busting-myths-about-chapter-7\/\">Busting Myths About Chapter 7<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/kellybankruptcy.com\/podcast\/busting-myths-about-chapter-7\/embed\/#?secret=Tm3VVS6l7P\" width=\"500\" height=\"350\" title=\"&#8220;Busting Myths About Chapter 7&#8221; &#8212; Kelly Bankruptcy\" data-secret=\"Tm3VVS6l7P\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! 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