Am I Eligible For Chapter 7 or Chapter 13 Bankruptcy?

At King and King, we understand that most clients have never thought about bankruptcy proceedings before. We are here to explain the processes to you, not in legalese, but in terms you can understand. When you meet with your attorney, you will discuss in greater length which chapter of bankruptcy you should file.

Filing under Chapter 7 entails a liquidation of assets, with certain exemptions, in order to discharge debts such as loans, credit cards and medical bills. A Chapter 7 case is ideal for those who qualify and who are not in need of debt reorganization.

Filing under Chapter 13 is a form of debt consolidation over a longer period of time, while protecting you from any debt collection efforts by creditors. For those who desire to reorganize debt such as a mortgage or auto loan, or who do not qualify for Chapter 7, a Chapter 13 can be an efficient means of repaying debt over 36 or 60 months.

For more information on the different bankruptcy chapters, please feel free to contact King and King for a free consultation at 404-524-6400 or visit us at www.kingandkingattorneys.com

Can I get Fired For Filing Bankruptcy?

The Bankruptcy Code is clear on this question: "No private employer may terminate the employment of, or discriminate with respect to employment against, an individual who is or has been a debtor under this title, a debtor or bankrupt under the Bankruptcy Act, or an individual associated with such debtor.”

There you have it: employers are prohibited by federal law from discriminating against you for filing bankruptcy.  Filing bankruptcy can be a stressful experience; however, filing for bankruptcy has absolutely no bearing on a person’s job performance or capabilities.

The decision to file bankruptcy is an important one.  Our role at King and King is to guide you through the process, help you understand it, and represent you against your creditors.  We will be with you every step of the way to make sure that your questions are answered.  To learn more, schedule your free, confidential bankruptcy consultation by calling 404-524-6400 or visit us at www.kingandkingattorneys.com

Will I Need To Go Through Credit Counseling When I File Bankruptcy?

Since October 17, 2005, all consumer bankruptcy filers in Georgia have to complete and obtain a certificate from a state approved credit counselor before a bankruptcy case can be filed. Your credit counseling course is completed online right from our office to keep things simple.

Once your intake meeting has taken place and the contract is signed, the next step is to complete your consumer credit counseling.  It is a quick and easy process.  After your course is complete, we will start your Chapter 7 or Chapter 13 bankruptcy filing.

When you first start to plan filing for bankruptcy, it is important to find the right attorney. King and King offers free consultations to all prospective Georgia bankruptcy clients, so there is no risk in learning what options you have to control your debt. Visit us online at www.kingandkingattorneys.com or call 404-524-6400.