Thursday, March 14, 2024

Bankruptcy Can End Credit Card Debt

Bankruptcy is here to help remove the burden of debt and to give you a fresh start. In your initial consultation with the lawyers at King & King in Atlanta, we will discuss your financial problems and develop a solution just for you.




Many of the clients we speak with have been struggling for months or years to make minimum monthly credit card payments. The average credit card interest rate is over 20%. Paying the minimum payment, it can take you 10 years or more to pay off your debt. Filing bankruptcy in Georgia can wipe the slate clean so you can move forward.

Chapter 7 bankruptcy can wipe out all of your credit card debt and unsecured loans, including medical bills. A Chapter 13 bankruptcy will allow you to make payments based upon your monthly budget, and usually you only pay back just a small fraction of your debt. As soon as your bankruptcy is filed the threats of lawsuits and garnishment will stop immediately.

Filing for bankruptcy allows you to take control of your finances. Call 404-524-6400 and speak with an attorney at King & King for a free bankruptcy evaluation. We can help, call today.

Tuesday, February 27, 2024

Will I Lose My House and Car if I File for Bankruptcy In Atlanta?

When your case is filled correctly bankruptcy laws will usually allow you to keep your home and your car. The experienced bankruptcy attorneys at King and King can help.




For more than 30 years, King and King have provided quick debt relief for people just like you.
Our attorneys will clear up all of the myths surrounding bankruptcy. We separate the facts from the fiction and show you how to use Chapter 7 and Chapter 13 bankruptcy to stay in your home, keep your car or truck, protect yourself from wage garnishment and escape creditor harassment.

The state of Georgia allows its residence to protect a certain amount of property from loss to creditors in bankruptcy. The property you are permitted to keep is called “exempt property”. For example, each individual is allowed to keep household goods, some home equity, motor vehicles, wedding sets, guns and tools that you use for your job. Financial assets that are exempt include retirement benefits, pensions, and insurance policies.


King and King will help you determine what are allowed to keep, and make sure you keep what’s important to you and your family. Call us today at 404-524-6400 for a free consultation or visit us online at www.kingandkingattorneys.com for more information.

Monday, January 29, 2024

Is Filing Bankruptcy in 2024 Right for you?

 

At King & King, we understand that deciding whether or not to file for bankruptcy in Georgia is a very important decision to make. That’s why we recommend scheduling a consultation with a bankruptcy attorney who can analyze your specific facts and go over your options. If you are ready for a free consultation, call us at 404-524-6400 for help today. Here a few of the things to review when deciding to file for bankruptcy. 






What Are Your Debt Problems?

Credit card debit
Medical Debt
Car or home repossession
Foreclosure

What Happens If You Don’t Pay Your Debt?

Your creditors can put liens against your assets
Seize your bank accounts
Garnish your wages
Foreclosure
Repossession

What Happens If You File For Bankruptcy?
Stop all collections against you and your creditors will stop contacting you
Relieve the legal obligation to pay back your debts
Allow you to rebuild your credit
Remove liens against your property

Call the experienced bankruptcy staff at King & King to determine whether declaring a bankruptcy case would be in your best interest. King & King will evaluate your situation and determine if Chapter 13 or Chapter 7 bankruptcy is right for you. Call our office today at 404-524-6400 to schedule a free, confidential consultation to discuss your options, or feel free to visit us at www.kingandkingattorneys.com.

Tuesday, January 16, 2024

Some Unexpected Benefits of Filing Bankruptcy In Georgia

If you need long-term relief from having to pay debts you can’t handle King & King can help. Bankruptcy provides both immediate and long-term relief. Filing bankruptcy in Georgia can give you immediate and long-term relief from your creditors.





Bankruptcy can often also give you some other rather amazing benefits, beyond the basic relief you expect. Here are just a few benefits of bankruptcy:

 

1. Recently Garnished By a Creditor? You may get money back.

Through “preference” law, you could get back money that was recently garnished by a creditor

 

2. Undo Liens on Your Home

Through judgment lien “avoidance” you can often permanently remove a judgment lien, a tremendous practical benefit.  

 

3. Reinstate Your Driver’s License from Failing to Pay Tickets

Reinstate your license if it’s been suspended for unpaid traffic infractions.

 

4. Get Back Your Just-Repossessed Vehicle

Filing bankruptcy not only prevents vehicle repossession. You may be able to get your vehicle back after it has been repossessed.  But, you must act quickly.

 

5. “Cram down” and Change the Payment Terms of Your Vehicle Loan

If your vehicle loan is more than two and a half years old, you may be able to reduce both your interest rate and the amount you have to pay back on the loan.  You can reduce the total amount to the value of the car, not the outstanding balance on the loan (often much higher).  This is called “cram down.”

 

6. Get Out of Your Vehicle Lease through Bankruptcy

Leasing is often an efficient way to have a vehicle short-term, but is actually usually the most expensive long-term. Bankruptcy can be the best way to get out of this expensive obligation.

If you are thinking about filing bankruptcy, the first thing you need to know is that you’re not alone. The compassionate and experienced bankruptcy lawyers at King & King will help you through the bad times and plan for much better times. Call us at 404-524-6400 for a free consultation today or visit our website at kingandkingattorneys.com for more information.

 

Thursday, December 14, 2023

Can Chapter 7 Bankruptcy Work For You?

Chapter 7 bankruptcy allows you to have most if not all of your debts discharged. Bankruptcy laws can be complicated, you can schedule a free consult with King & King where we can help determine whether Chapter 7 is right in your situation, and help navigate the bankruptcy process for you. If not Chapter 13 bankruptcy may be an option.

 

 


 

 

How Can Chapter 7 Bankruptcy Help?

As soon as you file your bankruptcy, an automatic stay goes into effect that stops all collection efforts of your creditors, including lawsuits, wage garnishments, foreclosure, or eviction proceedings, and more.  At the end of your Chapter 7 case, the bankruptcy court will discharge your debts, including:

 

Credit cards

Medical bills

Overdue rent and utilities

Personal loans

Some tax debts

Certain legal judgments

After a discharge, you will have no further legal obligation to make any payments on those debts again, you will have a fresh start.

 

Find Out How Our Chapter 7 Bankruptcy Lawyers Can Help

King & King understands how difficult and stressful life can be when you feel as if you are drowning in debt. If you don´t think you can bring your debts under control, and need the help of a team of caring professionals, please call us at 404-524-6400 for your free consultation.

Wednesday, November 8, 2023

Can I File For Bankruptcy In Georgia?

Yes you can! You need to decide if you should file Chapter 7 or Chapter 13 bankruptcy. We can help and we treat every case as a unique case because each case is unique. We can help you get the facts about what your situation is when you speak with one of the lawyers at King & King. Your initial consultation is provided free of charge.

 

Most people can improve their credit after filing bankruptcy.

Bankruptcy can save your house from foreclosure and your car from repossession.

After your debts are discharged through bankruptcy, you can find it much easier to start saving money and planning for the future.

To fully understand Georgia bankruptcy laws, and how they can impact your debt and improve your life, speak to the attorneys at King & King today by calling 404-524-6400 or visit us online at www.kingandkingattorneys.com

Wednesday, October 25, 2023

What Are The Advantages Of Filing Chapter 7 Bankruptcy?

The first is chapter 7 bankruptcy is usually the fastest, least expensive form of bankruptcy. The Atlanta bankruptcy attorneys at King & King can help you clear your debt and get a fresh start.



 


Advantages Of Chapter 7 Bankruptcy


Chapter 7 bankruptcy in Georgia stops garnishments immediately.


Payments to your creditors stop.


Harassment from creditors stops as soon as you file.


In most cases, you can keep your car and your home.


Chapter 7 bankruptcy covers credit cards, medical bills, payday loans, personal loans, lines of credit, car loans, mortgages, and most other debt. Chapter 7 also removes debts to utility companies.

 

For our clients, filing a Chapter 7 bankruptcy puts them on the road to financial freedom. You do not have to commit to a repayment plan or repay a single unsecured creditor.  If Chapter 7 will not work for you, then we may be able to help you file a Chapter13 bankruptcy.  Contact us so we can help you better understand the process and which chapter is right for you.

 

Filing your chapter 7 bankruptcy with King and King can be quick and simple.

 

Call King and King today at 404-524-6400 for a free consultation. We will review your situation and schedule a meeting to get started. Don’t wait: you could be debt free in as little as three to four months. Visit www.kingandkingattorneys.com for more information.