Wednesday, December 19, 2018

How Can Bankruptcy Stop Your Car From Being Repossessed?


This can be a difficult time of the year for many families. You may be having trouble paying your bills, but you still want your family have a great holiday season. This may mean you spend more money than you should, and suddenly it’s easy to find you are facing serious debt problems. There is help.



First, be careful about how you approach your financial situation. Certain car creditors may be more aggressive than others. If you miss a car payment, the lender may repossess your car, which can make a difficult financial position much worse.

If your car is repossessed, the lender can sell the car and use the money to pay off the balance of the loan. If more funds are still owed, the lender can sue you for the outstanding amount. This means you may still be making payments on a car that you no longer have.  Your wages can also be garnished in this situation.

If you find yourself in this situation you have options. You can work with your lender to try to find a more manageable payment schedule or other type of loan modification. You can also take advantage of bankruptcy.

Under the “Automatic Stay” in Chapter 13 bankruptcy, any collections or repossession actions against you must stop. This allows you an opportunity to design a plan to meet your financial obligations, including car payments. You will be able to keep certain property, including vehicles, which is extremely helpful.

Filing bankruptcy means you can keep your car and start on the road to a better financial future. The experienced Georgia bankruptcy attorneys at King & King will analyze your specific situation and help you develop a plan that meets your needs. Call us today at 404-524-6400  for a free consultation.


Monday, December 10, 2018

Bankruptcy Can Help You Deal with Medical Debt In Georgia


Medical bills continue to be one of most common reasons why people file bankruptcy in Georgia. Even when you have health care coverage, it can be impossible to pay co-pays for doctor visits, prescription medications, and make payments on bills your insurance does not cover. People all over Georgia continue to juggle their finances by trying to make payments on credit card debt, mortgage and vehicle payments, utilities, and groceries all while trying to cover unexpected medical expenses. When it becomes too much to handle, the bankruptcy attorneys at King & King can help.



Bankruptcy can clear your debt. Chapter 7 bankruptcy eliminates unsecured debts such as credit card bills, personal loans, broken leases and medical bills. Chapter 13 bankruptcy reorganizes debts into an affordable monthly plan that allows you to make payments based on your income ability. Chapter 13 also helps stop foreclosure, repossession and more. Your bankruptcy attorney can help you decide which chapter is best for you. Both chapters put a stop to all collections.

When you or a loved one is dealing with an illness or other health concerns, the last thing you want to worry about is how bills will be paid. This is when an experienced bankruptcy attorney at King & King can help you find an appropriate solution to your situation.

If you are dealing with medical debt or find it is becoming increasingly difficult to make necessary monthly payments because of medical bills, call King & King to schedule a free consultation today at 404-524-6400.


Wednesday, December 5, 2018

3 Steps To Stop Wage Garnishment in Georgia Today


In Georgia, garnishment is not something that can happen overnight in most cases. In order to take a portion of your wages, your creditor needs an order from the court. To obtain this order, the creditor must first sue you for the debt, win the lawsuit and obtain a judgment. Having prevailed in the lawsuit, your creditor may then ask the court to allow your wages to be garnished. However, in some cases this may happen without your knowledge. Here are 3 steps to stop wage garnishment in Georgia.



1. Call King & King to schedule an appointment. We will see you as soon as possible and inform you of the next steps during your free consultation with a skilled attorney.

2. Bring your paperwork to the appointment. We will let you know in advance the paperwork we may need to stop your garnishment, so be sure to bring what you can.

3. We can file your bankruptcy the same day (business hours allowing) and contact your creditor and payroll department for you to stop the garnishment.

At King & King, we take the time to understand your needs and answer all of your questions. While we want to solve your problem quickly, it’s important that you are comfortable with the process, and understand how it will impact you. These thoughtful conversations enable us to ensure the best possible outcomes. Call King & King bankruptcy attorneys today at 404-524-6400 to schedule an appointment so we can assess your financial situation and recommend the best way for you to get your affairs back on track.

Monday, October 29, 2018

Should You File For Bankruptcy?


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?

Out of control credit card debit
Medical Debt
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.

Monday, October 22, 2018

How Can Bankruptcy Stop Foreclosure In Georgia?


Many people who are considering bankruptcy fear that they will lose the things that they hold most dear when they file. One of the biggest of these worries is whether you can keep your home, especially if the home is in danger of foreclosure.

Bankruptcy can stop foreclosure, and it is possible for you to keep your home.



The Automatic Stay
One of the benefits of filing for bankruptcy is the automatic stay. In both Chapter 7 and Chapter 13 bankruptcy filings, the automatic stay is a court-ordered injunction that begins as soon as the bankruptcy case has been filed. The automatic stay stops all collection actions by creditors against the debtor. Foreclosure proceedings are included in that group of collection actions that are stopped.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy proceedings allow you to repay past-due mortgage payments a little bit at a time over several years rather than forcing a lump sum up front. If you can remain current on the monthly plan and mortgage payments, you should be able to keep your home.

Contact King & King For a Free Consultation Today
An experienced Georgia bankruptcy lawyer can help you determine the best way to stop a foreclosure, help you utilize the best exemptions to protect your property, and can help address any concerns you have about the bankruptcy process.

Call King & King today at 404-524-6400 to schedule a free consultation to discuss how bankruptcy may help you.

Monday, October 15, 2018

Do You Get Out Of All Debts If You Declare Bankruptcy?


If you are struggling with debt in Georgia, you are not alone. Most people fall behind on their bills at some point in their lives. Don’t worry—you can get help.

Bankruptcy may be the answer to your problems. Speaking with an experienced attorney will give you a better idea of how bankruptcy can help your specific situation. Chapter 7 bankruptcy is a legal process that can remove most debts and give you a fresh start, but there are some debts you may have to set up a payment plan to pay off. 



The debts that bankruptcy can help with are known as unsecured debt. If you have these kinds of debts, filing bankruptcy will most likely wipe them out:

credit card bills
medical bills
utility bills
personal loans
stale tax debt
Broken leases

The rules are different for other debts, such as:

child support
alimony
recent tax debt
federally-insured student loans

Bankruptcy can also provide relief from your secured creditors, like for your home or for your car.  If you live in Georgia and are looking for a bankruptcy lawyer to help you get out from under your debt, call King & King at 404-524-6400 for a free consultation.  We will review your debt and guide you to the most effective bankruptcy to file. Begin your journey to a fresh start today.


Monday, August 27, 2018

What Should I Do If My Wages Are Being Garnished?



What Should You Do If Your Wages Are Being Garnished In Georgia?

We understand wage garnishment causes serious hardship and make it impossible to get back on top financially. If you are currently being subjected to wage garnishment, bankruptcy could be a solution. Here are a few tips to help you stop wage garnishment.



When can your wages be garnished?

A creditor has to successfully sue you in court before they can obtain a wage garnishment against you. When that occurs, your creditor must then notify the sheriff’s office where you live and provide official paperwork proving the ruling against you. The sheriff’s office will then contact your employer, who must garnish your wages.

Will I be told in advance that my wages are going to be garnished?

In most cases you will know a wage garnishment is going to happen either by attending the hearing about your debt or by receiving a letter that a creditor has won a judgment against you. If you miss notification by the court you may told by your employer.

What can I do if my wages are garnished?

Your creditor will continue garnishments until your debt is repaid if you don’t take action. One effective way to immediately stop wage garnishments is to file bankruptcy. When you file for bankruptcy, you get an automatic stay, which stops all collections, including garnishments. If the debt is charged off or otherwise addressed during bankruptcy, the garnishment cannot be restarted, even when the bankruptcy ends.

At King & King bankruptcy attorneys we have been helping people in the state of Georgia stop wage garnishment for over 40 years. Call us today for a free consultation at 404-524-6400. We can help you get the fresh start you deserve.