Monday, February 26, 2018

How Can I Raise My Credit Score After Bankruptcy In Georgia?

After filing bankruptcy one common question our clients ask is how they can start to rebuild their credit after the bankruptcy process is complete. The good news is that by filing bankruptcy, you can actually help your score. While credit scores typically decrease in the year prior to filing bankruptcy, after your bankruptcy discharge you can expect to see a steady rise in your credit score, especially if you are very careful while you rebuild your credit.

To keep your credit score moving in the right direction after filing bankruptcy, you may want to consider a secured credit card or a store credit account. Payments made on-time are reported to the credit bureaus which will help you rebuild a strong credit history.  It’s important to be judicious in taking on new loans.  Use credit sparingly and carefully.

Chapter 7 can remain on your credit report for up to ten years. Within 2-3 years after your bankruptcy discharge, a credit score in the 700's is possible if you practice good credit management.

If you are struggling with debt in Georgia and would like more information about bankruptcy and whether it may be an option for you, schedule a free consultation with King & King. Call us today at 404-524-6400 or visit us at for more information.

Friday, February 16, 2018

How Can I Stop Repossession In Georgia?

Have you received a notice that your car is going to be repossessed? We understand that without a car, getting to work or picking up your children after school can become a stressful challenge. There is a way to stop repossession. At King & King we provide personalized bankruptcy services for all types of debt relief and debt-related problems. We can help you obtain a fresh financial start.

Will My Car Be Repossessed?
When you file for bankruptcy, an automatic stay goes immediately into effect, preventing a car from being repossessed. In a Chapter 7 bankruptcy, you continue to make the payments on the loan. In a Chapter 13, a monthly payment is decided on with the court. That monthly payment is often much less than the original payment, and it can be imposed upon the lender regardless of how many months the client may have missed prior to filing bankruptcy.  For many clients in Chapter 13, we are able to lower the interest rate paid on the car loan dramatically.

What Chapter 13 Can Do to Save Your Car

· Lower the payoff price of the car

· Protect your car from repossession because of the automatic stay

· Lower the interest rate of the loan

In a Chapter 13 bankruptcy, the client often only pays the value of the vehicle. Since most people owe thousands of dollars more than their vehicles are really worth, you can save a substantial amount of money using this benefit of Chapter 13.

Call King & King for a free consultation to find out whether you can save your vehicle through bankruptcy. You might also want to surrender your vehicle through a Chapter 7 and get a fresh start.  You can reach us at 404-524-6400 or visit us at for more information.

Wednesday, December 27, 2017

Risks You Take When Filing Bankruptcy Without an Attorney In Georgia

While you can file bankruptcy without an attorney, it can be very challenging. Mistakes made while filing can lead to your bankruptcy being dismissed when if filed properly you may have received a clean slate. Here are some common mistakes made when filing without an attorney.

Filing The Wrong Kind Of Bankruptcy
Chapter 7 or Chapter 13? This question may seem simple on the surface, but the one you choose needs to reflect your income and assets. A bankruptcy attorney can assess your situation and offer the best advice on whether Chapter 7 or Chapter 13 is best for you.

Mistakes On Your Bankruptcy Filing Paperwork
There’s a document called a “voluntary petition” that stands as the record that you’re filing for bankruptcy. However, there are many other forms you’ll need to fill out and there is other paperwork to submit. Making a small error or leaving out a minor detail out could delay your case. If it’s a serious error, then your case could be dismissed entirely.

You Could Lose Property or Assets You’re Entitled To Keep
If you end up choosing the wrong exemptions, then you may lose property you actually have a right to keep. There is property that can’t be touched because of exemptions – your attorney can help you keep your assets, including your home and car.

At King & King, we understand that your finances are a concern. We can help you move forward from your debt and give you the fresh start you need. Call King & King at 404-524-6400 today for a free consultation. 

Friday, December 15, 2017

Can I File Bankruptcy In Georgia Again if I Filed in the Past?

Bankruptcy is a powerful legal tool that has helped many people emerge completely from debt. Because bankruptcy can be an immensely powerful tool to those experiencing financial troubles, most people tend to think that once you file bankruptcy, you can’t file again. The good news is that isn’t true.

The bankruptcy code allows people who have filed for bankruptcy in the past to file a new case. However, there are restrictions in place to ensure the benefits of bankruptcy aren’t abused. The bankruptcy attorneys at King & King can help you better understand if you are eligible to file a new case during a free consultation and explore all of your available options. To help you better understand laws regarding filing bankruptcy again, here are a few tips. 

Chapter 7 bankruptcy – If you filed for Chapter 7 bankruptcy in the past, you have to wait 8 years before you can file under the same Chapter again. This can vary if you filed but were not granted a discharge.

Chapter 13 bankruptcy – It is possible to refile your Chapter 13 bankruptcy.  The rules of refiling Chapter 13 are complex.  Call King & King for your free case review today.
In some cases, the timeline of when you can file again may change depending on the dismissal of your previous bankruptcy. Some cases get dismissed before debt is discharged which can happen for a number of reasons such as failing to appear in court, incomplete paperwork or defaulting on a Chapter 13 payment arrangement. If your case was dismissed for such reasons, you may be able to refile immediately.

At King & King, we understand that people who have gone through the bankruptcy process before may find themselves back in financial trouble. By calling the attorneys at King & King for a free consultation, you can learn more about filing a new case and how soon you can expect a fresh start. Call us today at 404-524-6400 or visit us online at

Tuesday, November 21, 2017

Can Bankruptcy Wipe Out My Medical Bills In Georgia?

Many of our bankruptcy clients are overwhelmed by unexpected medical bills. We understand. Unplanned emergency costs can quickly spiral out of control. Our bankruptcy attorneys want you to know that you have legal rights and options. We understand that anyone can find themselves suddenly drowning in unforeseen medical bills.

Medical debt is an unsecured debt and can be discharged. It is classified as “general unsecured debt”, meaning it is the lowest priority of debt to get paid if any creditors do receive money in a bankruptcy filing. Medical bills are a major cause of bankruptcy and the courts do not dispute that people who face financial ruin because of medical bills deserve a fresh start.

It is important to note that medical debt must only be for services received before your case was filed. As soon as your case is filed all collections for the medical debt will stop. If you are filing bankruptcy and making payments on a medical debt, late charges, penalties, attorney’s fees and interest associated with the medical debt can be discharged.

If you have a large amount of medical debt in your bankruptcy, your trustee will want to know if it is for an injury you can recover money in a law suit for, if so your bankruptcy lawyer can assist you with this process. Bankruptcy laws provide specific exemptions for personal injury lawsuits .

The bankruptcy attorneys at King & King can help you have your medical bills “discharged,” or completely wiped out. Call us today at 404-524-6400 or visit us our website for more information.

Friday, November 10, 2017

Can I Keep My Car If I File Chapter 7 Bankruptcy In Georgia?

You can keep your car, if your bankruptcy schedules exempt the equity value in your car and you keep making your payments in time during the course of the of your bankruptcy case. The exemptions necessary to keep your car are complex and must be filed properly. The experienced bankruptcy attorneys at King & King can explain the process and help you keep your car.

Most people can keep their cars in bankruptcy with little worry. Bankruptcy laws protect property that is needed to start over once your debt is wiped out. A car is one of the basic pieces of property you need to rebuild your credit, stay employed and take care of your family.
A big worry for most people considering bankruptcy is what will happen to their car. The purpose of bankruptcy is to give you a fresh financial start, and the law recognizes that to have a fresh start, a debtor usually needs a car to survive.

Of course, if your vehicle payments are unduly burdensome, you could stop making them, file chapter 7 bankruptcy, and any balance owed to the lender should be discharged.  Relief from the automatic stay will typically be granted to the lender upon the filing of a motion and, after entry of an order, repossession can quickly follow.

Call the bankruptcy attorneys at King & King today for a free consultation. We will help you to a brighter financial future 404-524-6400 or visit us online at

Thursday, November 2, 2017

What Are Your Rights In Georgia If Creditors Garnish Your Wages?

You have rights in place to protect you from creditors trying to garnish your wages. To withhold wages, a creditor must first obtain a judgment against you and then obtain a court order to start wage garnishment. If you receive a notice of wage garnishment, it is crucial review the judgment to make sure all claims are accurate. There is a strict time limit in appealing the court findings.

Some forms of income like Social Security, worker’s compensation, public assistance, child support, and veteran’s benefits are exempt from garnishment as income in Georgia. However, these proceeds can still be attached once they reach your bank account through a non-wage garnishment. Understanding the impact of wage garnishment and how to protect your rights can be difficult. The bankruptcy attorneys at King & King can answer your questions and help protect your rights.

If you are facing wage garnishment, it can be overwhelming. If you’re already under pressure financially, seeing your wages garnished can lead to not having enough money to make ends meet. We understand and may be able to help. You can stop the wage garnishment by filing bankruptcy. In some cases, we may even be able to recover some of the garnished wages after we file your case.

If you are in danger of having your wages garnished, or your wages are being garnished, the bankruptcy attorneys at King & King  can help you protect yourself and get your finances back in order. Call us today for your free, initial consultation at 404-524-6400.