Chapter 7 Attorney Atlanta GA
If we are on this page chances are we are in the middle of a financial crisis. Home payments are behind or in foreclosure, car payments are late, creditors calling, lawsuits have been threatened or filed. We probably have stopped opening our mail and we hate to answer the phone. Chapter 7 Attorney Atlanta GA, help clients file for Chapter 7 bankruptcy protection. Sometimes referred to as a "total debt liquidation bankruptcy," Chapter 7 bankruptcy has generally been the bankruptcy used by people who have few assets, but who carry a large amount of unsecured debt.
Chapter 7 Attorney Atlanta GA gives the people a fresh start. It is a bankruptcy used to completely wipe out most debts in a legal proceeding conducted under the jurisdiction of the Federal U.S. Bankruptcy Court. They discharges debts such as credit card debt, medical bills, personal loans, delinquent utility bills, old tax debt, and deficiencies on repossessed vehicles. Under Chapter 7 Attorney Atlanta GA, we will never have to pay our creditors for these types of debts. However, there are several types of debts that cannot be discharged by filing for Chapter 7. Child support, recent tax debt, student loans, and certain types of court-ordered damage awards are not dischargeable with bankruptcy.
Most of their clients are able to keep their property when they file for Chapter 7 bankruptcy. However, it is important to be current on vehicle or house payments if we want to file a Chapter 7 and keep our property. Many people think that by filing a Chapter 7 bankruptcy, their credit will be ruined for years. This notion is simply not true. Chapter 7 Attorney Atlanta GA economy is a credit-based economy, and most of their clients are able to begin rebuilding their credit immediately after their Chapter 7 is discharged. Many of their clients are able to buy a home within 12-18 months after receiving a Chapter 7 free.
A Chapter 7 Attorney Atlanta GA takes a relatively short period of time. Most of the clients receive a discharge within 4-6 months of the date of filing. If we are tired of receiving irritating phone calls from our creditors, we may feel relieved to know that as soon as our Chapter 7 has been filed, our creditors are prohibited by law from calling us. We may refer any calls we still receive to their office, and they will talk to our creditors for us.
Chapter 7 Attorney Atlanta GA understands how difficult and stressful life can be when we feel as if we are drowning in debt. If we don´t think we can bring our debts under control, and need the help of a team of caring professionals, do call them for our free consultation or visit their bankruptcy blog for more information. When we do not have a adequately high or regular income to enable us to pay off debts, a straight liquidation bankruptcy under Chapter 7 may be the best choice for us. Chapter 7 Attorney Atlanta GA does provide us the opportunity to avoid almost all of our debts without making any payments on those debts. It also prevents further collection efforts by our creditors.
Lawyer Atlanta Bankruptcy GA – Chapter 7 & Chapter 11 Attor