Monday, August 29, 2016

Stopping Wage Garnishment In Georgia

If you are struggling with debt, having money taken out of your paycheck can be a devastating setback. For many Georgians, wage garnishment is a hard reality. Filing for bankruptcy can make it stop.

At King & King bankruptcy attorneys, we have over 30 years of experience helping people through the bankruptcy process. Our knowledgeable attorneys are here to get you the fresh start you need.

You Can Stop Wage Garnishment Today
If you are facing creditor actions like wage garnishment and bank account levies, King & King can help. If you are behind on your loan, medical, or credit card payments, creditors may pursue a lawsuit against you. If successful, they will have the legal right to take up to 25 percent of your paycheck. This is a devastating way to pay a debt.  Also, creditors who have obtained a judgment against you may take funds out of your checking or savings account.

Filing for bankruptcy creates an "automatic stay," an action that stops debt collectors from taking action against you. King & King makes the "automatic stay” work for you and helps you keep every dollar of your paycheck and your bank account. Both Chapter 7 and Chapter 13 bankruptcy will protect you from wage garnishment and other creditor actions. Our attorneys will work with you to help you decide the best debt relief plan.

If you are ready to stop wage garnishment and get out of debt, we are here to help. Contact King & King today at 404-524-6400 to schedule a free consultation with an experienced lawyer. 

Wednesday, August 24, 2016

What Do I Do If I Have Been Sued Over Debt In Georgia?

If you have been sued over a past-due debt, you may feel overwhelmed. Fighting a legal battle against a debt collector can be time consuming and difficult, or simply impossible to win.  The good news is there are legal steps you can take that can stop the lawsuit. At King & King bankruptcy attorneys, we help people who are facing lawsuits and other creditor actions. Our attorneys are focused on making your debt relief goals a reality.

Does Bankruptcy Stop Lawsuits?

Bankruptcy can stop the lawsuit. Whatever stage the lawsuit is in — if you have just been served with papers, if it is already in court, if you have only been threatened with a lawsuit — bankruptcy creates what is known as an "automatic stay," a legal action that stops lawsuits and other creditor actions.

The automatic stay is very powerful and will put an immediate stop to:

Bank account levies
Creditor calls

If you have been sued for a debt, our bankruptcy lawyers are here to help you explore your debt relief options. We handle Chapter 7 and Chapter 13 bankruptcies for clients in Georgia. We understand the anxiety that comes with having a lawsuit brought against you. We will put our skill and experience to work for you to help you put an end to the lawsuit and achieve your debt relief goals. Call King & King at 404-524-6400 or visit us at for a free consultation. 

Friday, August 19, 2016

How to File Bankruptcy in Georgia

Are you burdened by an overwhelming amount of debt? Bankruptcy is an excellent means of finding relief from debts that you cannot afford to repay. Every year, thousands of people in the state of Georgia make the decision for a fresh start using bankruptcy. King & King bankruptcy attorneys are here to help. Our ultimate goal is to help you get out from under your debt and rebuild your financial foundation.

Here are a few things to consider when filing for bankruptcy.

Hiring an attorney
Filing bankruptcy is much more complicated than it appears on the surface. It is important to have an attorney representing you.  Your attorney can help you determine which debts you can discharge. Your attorney will help you protect your assets, and will help you do so within the law. Your attorney will make sure you list all assets and that every asset that can be is protected. Your attorney will help you ensure that your bankruptcy is a fresh start. Hiring a good attorney to represent, protect, and advise you is your first investment in a new financial future. Call King & King for a free consultation today 404-524-6400

Types of Bankruptcy
There are several types of bankruptcy that can be filed. Anyone hoping to file bankruptcy under Chapter 7 in Georgia must first pass a means test. This test deducts your living expenses from your income to determine how much disposable income you have (if any). If your disposable income is below the median for a household of your size, then you may be able to protect your property and have your credit cards, medical bills, and other debts discharged through Chapter 7 bankruptcy.  The means test is complicated. It is very important to have an attorney’s help so you can get the best relief bankruptcy has to offer.
People who have some disposable income but are still unable to repay their debts may be eligible for Chapter 13 bankruptcy. In Chapter 13, you will be able to set up a repayment plan with your creditors and continue making affordable payments over the next three to five years. In many cases, unsecured creditors are not paid at all. Once your repayment period is up, your remaining debt is discharged. Your attorney will help you decide which chapter will get you the best possible debt relief. 

Life After Bankruptcy
The good news for people who go through the bankruptcy process is that there is life after bankruptcy. It is a common bankruptcy myth that you cannot get credit after bankruptcy. In fact, this is far from the truth. While it might take a year or two, bankruptcy can help you restore your credit. Many people report huge jumps in their credit score a year or two after finishing with bankruptcy.

If you are facing overwhelming debt and are interested in a fresh start, our bankruptcy lawyers are here to help. Contact us today online to schedule a free debt relief consultation with an experienced attorney or call us at 404-524-6400