Kelly Bankruptcy

Bankruptcy Podcast

Latest Episodes

February 12, 2021 00:18:18
How can an hot real estate market wreck your Chapter 7 bankruptcy?

How can an hot real estate market wreck your Chapter 7 bankruptcy?

Transcript: Intro Speaker: It’s time for KellyCanHelp hosted by Jeff Kelly, Attorney at Law with the law office of Jeffrey B. Kelly. And now here’s Jeff Kelly. Jeff Kelly: Hello, this is Jeff Kelly. And in today’s episode, I want to answer the question, is it possible to lose your home in a chapter 7 bankruptcy case? And the answer is yes. You know, this current real estate market is unbelievable. I’ve, I’ve been in practice since 1998. And I’ve never seen anything like it. I’ve never seen a real estate market where somebody in Rome, Georgia can put a house on the market and it sells within a week. So, because of that real estate values have become very problematic for chapter 7 clients. Let me give you an example. Let’s say you have somebody who, you know, 10 years ago, they bought a house for $100,000. And today, the tax assessor says it’s worth 120 Well, that wouldn’t be a problem. In in Georgia, a single person can exempt $21,500, a married couple can exempt $40-43,000. So when when could it become a problem? Jeff Kelly: Well, for one thing, even though the tax assessor says the house might be worth 120,000, it’s possible that it’s worth more, and a chapter 7 trustee. They are not bound by what the tax assessor says they’re not bound by what Zillow says, you know, honestly, they’re not even bound by what an appraiser says, a chapter 7 trustee has a strong incentive to sell your house if they can make money off of it. That’s, that’s how chapter 7 ...

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February 11, 2021 00:25:44
Bankruptcy World Potential Changes in 2021

Bankruptcy World Potential Changes in 2021

Transcript: Intro Speaker: It’s time for Kelly Can Help hosted by Jeff Kelly, Attorney at Law with the Law Office of Jeffrey B Kelly. And now here’s Jeff Kelly. Jeff Kelly: Hello, this is Jeff Kelly. And here we are on January 6 2021, is the date of this recording. And today, what I would like to talk about is the current state of bankruptcy, some changes that may be coming down the pipe. So as a consequence of the elections, it does look like the democrats are going to have control over the Senate, and there is some Bankruptcy Reform that is most likely going to come down the pipe and looks like it may pass. And I don’t have all of the details yet. But one of the biggest things that is coming is that student loans are going to be dischargeable in bankruptcy, that’s going to be huge. And that’s that’s going to create a flood of cases. Jeff Kelly: So what does this mean for people who are in debt right now? Well, one of the biggest mistakes that I see people make about filing is they just put it off too long. And it can create a lot of problems waiting too long. It and there’s no sense in doing that. It’s a free consultation to call us. Jeff Kelly: Let me give you an example of people who wait too long they get in to fix they have some debt hanging over their head. And and they they could qualify right now today, they could wipe the debt out and ...

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February 11, 2021 00:30:00
Immigration Attorney Andres Mejer interviews with Jeff Kelly

Immigration Attorney Andres Mejer interviews with Jeff Kelly

Transcript: Intro Speaker: It’s time for Kelly Can Help hosted by Jeff Kelly, Attorney at Law with the law office of Jeffrey B. Kelly. And now here’s Jeff Kelly. Jeff Kelly: Okay, ladies and gentlemen, thank you for joining me on the radio show today I got a special guest, Andres Mejer. He is an immigration attorney from New Jersey. I’ve known him for years. One of the great things about immigration is you can hire him if you’d like. So I’m gonna let Andres tell us a little bit about his practice. And super great guy. Go ahead, undress. Andres Mejer: Thank you, Jeff, thank you for having us on on the show. I really appreciate the opportunity. And yes, immigration is federal, we now have clients in 15 different states. So I’m headquartered in New Jersey. But as I was telling you, before we come on the show, out of the three clients that hired me today, not a single one was in New Jersey. You know, our practice has really changed dramatically because of COVID. Andres Mejer: But a little little Look, I don’t usually talk about myself, but a little bit about my backstory. I was born in Santiago, Chile, I know you and I have talked about that a number of times you’d love to your time in Jeff Kelly: cheap labor country. Andres Mejer: It’s a great place to be. So I was born in Chile, my mother was from Chile and my father’s from Argentina. But they met and married in Israel. So I lived twice and cheela, twice in Israel, twice in the US. I came to this country, not speaking English. ...

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February 01, 2021 00:09:34
How will my filing bankruptcy affect my cosigner?

How will my filing bankruptcy affect my cosigner?

Transcript: Hello, this is Jeff Kelly. Today is January the 29th 2021. And in today’s podcast, I want to answer the question, how will filing bankruptcy affect your cosigner? The short answer is you filing bankruptcy will damage your co signers credit, how much damage? The answer is, you’re not going to know until after you file. Most bankruptcy attorneys are not going to answer this question for you. I recently engaged in a Facebook conversation on this topic with fellow consumer bankruptcy attorneys from all parts of the United States and I received some really good feedback. And I really appreciate the very open and honest answers I got from a lot of people. And, you know, one attorney explained that they just avoided this topic altogether with their clients by asking by stating that, hey, look, I only represent you and I don’t represent your cosigner, I’m not going to talk about it. And the reason they do that is they’re trying to basically avoid the subject. Because a lot of people if they knew the truth, that it was going to hurt their cosigner, they, they either might not file bankruptcy at that time, or might try to work something out. Now, personally, I believe honesty is the best policy. When a client comes in and meets with me or one of my associates, we are upfront we tell the truth. It is a core value of this law firm. And I believe it’s something that really separates us from a lot of others if you don’t need to file bankruptcy. Number one, we’re going to tell ...

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December 13, 2020 00:26:53
Radio Show #3 Interview with Attorney Lee Treadaway

Radio Show #3 Interview with Attorney Lee Treadaway

Transcript: Intro Speaker: It’s time for KellyCanHelp hosted by Jeff Kelly, Attorney at Law with the Law office of Jeffrey B. Kelly. And now here’s Jeff Kelly. Jeff Kelly: Go Alright, ladies and gentlemen, we’ve got a fun guest today on the radio show. Lee Treadaway, somebody I used to work with many many many years ago. And Lee I just love that story. many months ago when I used to work at Fuller McKay. And and before I ever met you, I felt like I knew you because Ken Fuller would say that he’d go shopping for groceries at the old Piggly Wiggly that was over there behind what is now Stanley’s. And I used kana have got hired this boy when he gets out of law school named Lee Treadaway. Every time he went grocery shopping your mother was your fan brother. You got a good mother, don’t you? Lee Treadaway: Absolutely. Absolutely. She. Yes, she stayed after Ken until he really had no choice. But for McKay, those were some fun times. They were they were fun. We all work together. Jeff Kelly: So So now you’re you’re doing elder law. Is that right? Lee Treadaway: Well, I’m doing I’m doing some wills and estates and Okay, trying to focus on Elder Law within that, and also a little bit on special needs trust as well. Jeff Kelly: Yeah. Lee Treadaway: What there’s a lot of overlap in that. Jeff Kelly: Excellent. Excellent. Jeff Kelly: So how many years? How many years you’ve been practicing now? It’s been a while? Lee Treadaway: Yeah, let’s see. Um, gosh, I Lee Treadaway: I became a member ...

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December 09, 2020 00:30:00
Radio Show #2 - Interview with Attorney David Blevins

Radio Show #2 - Interview with Attorney David Blevins

Transcript: Intro Speaker: It’s time for Kelly can help hosted by Jeff Kelly, Attorney along with the law office of Jeffrey B. Kelly. And now here’s Jeff Kelly. Jeff Kelly: All right, got David lovebirds our show today. David, what I’d like to do is introduce you to my clients and my listeners. And if you don’t mind, just tell us a little bit about yourself and your practice and your area of specialty. David Blevins: Well, it’s good to be here, Jeff, it’s good to be here. The I’ve been practicing for 35 years all here in Dalton, I got out of the University of Georgia law school. My practice now consists of really two areas of emphasis. I do car wrecks and personal injury, which is what I’ve traditionally done for 34 years. But in the last five or six years, in particular, I have done a lot of probate and estate work. And I’ve done probate litigation. And you know, I kind of backed into it, you know, I never plan to do this. But my wife, we practice all together. From the 80s. After I first child was born, she was practicing in Chattanooga, but she was the probate lawyer. And I had a large probate practice. And so in cases we go sour, I was doing litigation. So she would say I would just come into the office and and be a file on my desk. And pretty soon I realized that was a probate case and now needed litigation. So that’s kind of how I learned to do it. And I’ve been doing ...

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