Debt Collection Help In Georgia

When you are being harassed by debt collectors, it feels like it may never end. Your voicemail is full from collection agencies that have been calling you day and night. They may even call your place of employment. At King & King, we can end abusive debt collection and help put you on the path of financial independence.

Knowing your rights is the first step to end the harassment. A debt collector is not allowed to do the following:

Debt collectors are not allowed to call before the hours of 8 am or after 9 pm.

It is illegal to say that they are law enforcement, or to say that they are a lawyer, if they are not.

They are not allowed to call repeatedly during a small time period, or to let the phone ring for an extended amount of time.

Debt collectors cannot call you at work if you have requested that they do not.

They are not allowed to threaten to arrest you or threaten you with physical harm of any kind.

It is against the law to threaten to garnish your wages or place a lien on your property unless they are actually within legal means to do so.

They may not use abusive language or swear words while communicating.

Debt collectors are not able to report false information on a consumer’s credit report, or threaten to do so.

Putting a stop to the calls

It can be a frustrating experience to deal with debt collectors. One of the ways to end creditor harassment and collection activities is to file for bankruptcy. Once you have filed, the collection agencies must cease all collection activities. Contact the Georgia bankruptcy attorneys at King & King for a free consultation to learn more about your rights and to discuss your legal options. 404-524-6400

Can filing for bankruptcy In Georgia wipe out my medical bills?

The answer is yes! Medical debt is one of the most common reasons people file for bankruptcy. Medical debt is almost always 100% dischargeable in bankruptcy.

Unfortunately, even people with health insurance find themselves with high medical bills. The judges in bankruptcy court are well aware of the difficulties this presents. In addition, when someone has high medical bills, it often means they also have had to take time off from work leading to more financial stress.

We can help. Even if you are current on installment payments or an insurance claim is pending, you may consider filing for bankruptcy to get the complete debt relief that is available to you. Medical debt collection stops as soon as you file your case. The bankruptcy attorneys at King and King will help you take these steps to become free of your medical debt. We offer a free case evaluation to answer your most pressing questions.

Our skilled Georgia bankruptcy lawyers can help stop the medical debt collection.

King and King has over 30 years of experience, and we are here to assist you in determining if filing for bankruptcy is the best solution for removing your medical debts. Please call us with your questions for a free initial consultation 404-524-6400 or visit is online at www.kingandkingattorneys.com.

Can Bankruptcy Stop Car Repossession?

Having a car is essential. The good news is filing a bankruptcy petition will immediately stop an auto lender from repossessing your car.

The bankruptcy attorneys at King and King will help you determine how you can keep your vehicle after bankruptcy. We will also help you obtain a fresh financial start, free of debt.

You Can Stop Repossession

Once you file for bankruptcy, the threat of repossession stops. Your attorney will discuss your options with you. These options may include:

Redemption — If you are underwater on your loan you can negotiate to obtain more favorable terms.

Ride through — Keep the vehicle and keep making your payments.

Reaffirmation — Renew your loan at the same terms.

Even if you are behind on your payments, we can help keep you in your car. Filing Chapter 13 bankruptcy allows you to repay your car loan slowly over three to five years, often with an interest rate much lower than what you already have. Filing Chapter 7 bankruptcy will give you the time you need to either get caught up on your payments or modify your loan. Your attorney will help determine which is the best option for you.

At King and King, we can stop repossession immediately and take the actions needed to help you get out of debt. Call us today at 404-524-6400 or visit us at www.kingandkingattorneys.com for more information.

Bankruptcy Can Stop Wage Garnishment In Georgia Immediately

If wage garnishment has started, you need help! Your paycheck is at risk until the moment we file your bankruptcy petition. Filing for either Chapter 7 or Chapter 13 bankruptcy will stop garnishment actions against you. Filing for bankruptcy will also discharge the underlying debts that led to the garnishment.

In Georgia, a creditor can garnish as much as 25% of your wages. Such a large amount can mean financial disaster, of course. If you have more than one creditor you are in trouble with, then a garnishment makes it likely you will default on all of them. It could even mean your house goes into foreclosure or you lose a car, if you cannot pay your bills. Then you may face being garnished on what remains of the car loan after it is auctioned.

Bankruptcy will stop your garnishment immediately. King and King may also be able to recover up to 90 days of wages that were garnished prior to filing.

Having your wages garnished can cause a huge strain on your finances and livelihood. Call our Georgia bankruptcy lawyers today for a free consultation. King and King can provide the bankruptcy relief and protection you need to get a fresh start. Call us at 404-524-6400 or visit us at www.kingandkingattorneys.com for more information. 

I’m Facing Foreclosure In Georgia, What Should I do?

Facing a foreclosure is something that you never imagined would happen. For most people, foreclosure is often the result of circumstances beyond their control, such as a loss of a job or an unexpected illness. One solution may be to sell the property before the date of the foreclosure sale. This can be hard to do given the time constraints of a foreclosure. If you want to keep your home and find a way to get caught up on your payments, there is another solution.

You can stop home foreclosure and keep your home by filing a Chapter 13 bankruptcy. King and King bankruptcy attorneys can advise you on whether you should file for bankruptcy, and whether Chapter 13 or Chapter 7 bankruptcy is right for you.

Foreclosures under Chapter 13 Bankruptcy let you pay late payments over the length of a repayment plan, usually three to five years. The benefit of filing for Chapter 13 bankruptcy is that you get to keep your home and get current on the mortgage over time.

Chapter 13 bankruptcy can also eliminate the payments on your second or third mortgage altogether. Your attorney can help you file so the court may “strip off” the second and third mortgages and re-categorize them as unsecured debt. Under Chapter 13, unsecured debt takes last priority and often does not have to be paid back at all.

To find out more about how bankruptcy can help you stay in your home and get your financial life back on track, call King and King for a free consultation at 404-524-6400 or visit us at www.kingandkingattorneys.com

How Can Filing Bankruptcy In Georgia Help Me?

Filing bankruptcy in Georgia can remove your credit card debt, save property from being taken by creditors, and much more.

Bankruptcy takes your financial situation and puts it under the protection of the federal bankruptcy court. Bankruptcy also can make it possible for you to:

   ·         Eliminate the legal obligation to pay most or all of your debts. This is called a "discharge" of debts. It is designed to give you a fresh financial start.

   ·         Stop foreclosure on your home and allow you an opportunity to catch up on missed payments.

   ·         Prevent repossession of a car or other property, or force the creditor to return property even after it has been repossessed.

   ·         Stop wage garnishment, debt collection harassment, and similar creditor actions to collect a debt.

   ·         Restore or prevent termination of utility service.

   ·         Pay debts over a longer period of time than originally planned.

Bankruptcy can give you the peace of mind of no longer being under a heavy debt load that you can't repay. Call King and King at 404-524-6400 for a free consultation and take control of your financial life today or visit us at www.kingandkingattorneys.com for more information.

I Need Payday Loan Help In Georgia

Payday loans are designed to help you pay your bills until your next paycheck. While these loans can be helpful in the short-term, they come with high interest rates and strings attached. The truth is most people get caught up in a never ending cycle of borrowing, the debt and interest add up, and they are unable to pay the loan back.

The good news is payday loans are considered unsecured debt. Unsecured debt is generally discharged in bankruptcy proceedings. Even if payday lenders include a disclaimer in their paperwork that states that the loan is not dischargeable in bankruptcy, payday loans are fully dischargeable.

Your attorney can better describe the benefits of Chapter 7 and Chapter 13 bankruptcy and which one is right for you. Below is a brief summary of the differences.

Chapter 7

Chapter 7 bankruptcy allows you to discharge debts without repayment.  Almost all unsecured debt is dischargeable.  Your payday loan is likely to be discharged, since it is not secured and is not a priority debt.

Chapter 13         

In a Chapter 13 bankruptcy, you repay certain debts using a repayment plan over time.  Payday loans are not paid back for most people in a Chapter 13.  They are simply discharged.

It is important for anyone filing for bankruptcy to know their rights and the additional benefits of Chapter 7 and Chapter 13 bankruptcy.  Contact King and King today for a free consultation at 404-524-6400. We will be happy to answer any questions about payday loans and bankruptcy and will help you get financially back on your feet again. www.kingandkingattorneys.com

What Property Can I Keep When I File a Chapter 7 Bankruptcy In Georgia?

Bankruptcies are meant to be used as a legal tool to give you a clean slate and help restart your financial life. Georgia bankruptcy courts don't want to take everything away you. Most property can be exempted during a bankruptcy. However, you are required to complete bankruptcy paperwork and procedures according to the rules of the bankruptcy court.

Most motor vehicles, such as a family car that is used to travel to and from work, can be exempted up to a certain amount. Other items that can be exempted include clothing, furnishings and household goods. The value of these items must be reasonable, so if you have an abundance of items or items the court deems unnecessary for daily living, you will want to speak to your attorney to decide the best course of action.

Household appliances, such as refrigerators and stoves, can be exempted, as can jewelry up to a certain amount. All or a portion of your home's equity may also be exempted.

Other items that might be exempted include pensions, tools of your trade, and damages received for personal injuries.

The bankruptcy attorneys at King and King provide Chapter 7 representation throughout Georgia. We will thoroughly evaluate your financial options with a free consultation and help you obtain a fresh start. Call us at 404-524-6400 or visit our website for more information at www.kingandkingattorneys.com

What Does A Debt Discharge In Bankruptcy Mean?

Many types of debts, including medical bills and credit card debt, may be discharged when you file for Chapter 7 or 13 bankruptcy in Georgia.  When a debt is discharged, the debt is forgiven. Put simply: you are relieved of legal responsibility and will never need to repay the debt.

Your creditors will be prohibited from suing you or taking legal action to collect the debt. They are also prohibited from calling you, sending your demand letters, or harassing you in any way.

Filing for bankruptcy is not a decision to be taken lightly. Your first step should be to consult with a bankruptcy attorney in order to ensure that the bankruptcy filing goes as smoothly as possible. With the right attorney, your debts can be eliminated, allowing for a clean financial start.

If you’re ready to talk to an attorney about what bankruptcy can do for you, call King and King at 404-524-6400 or visit us online at www.kingandkingattorneys.com today for more information.

Three Steps to Take After Filing Bankruptcy in Georgia

After you’ve received your bankruptcy discharge, you will most likely be feeling a huge sense of relief. Although you have overcome a big hurdle, you may be wondering, “What do I do next?” Here are a few tips for regaining financial stability in your life after bankruptcy.

Obtain Your Credit Report

Obtaining a copy of your credit report will allow you to identify—and dispute, if necessary—incorrectly reported information and ensure that your discharged debts are reflecting a zero balance on those accounts. As time goes by, check your credit report yearly.

Create a Monthly Budget

Knowing how much money you have every month can significantly reduce the stress you may feel following your bankruptcy. Total up all of your income, and then compare this amount to your monthly expenses. Cut back where you need to and save what you can. Your bankruptcy attorney can help you create a realistic budget that you’ll be able to stick to.

Start To Rebuild Your Credit

After a bankruptcy filing, it’s time to rebuild your credit and improve your credit score.

Pay your bills—the best way you can work toward better credit is by paying all of your bills on time. Start here.

Use a credit card cautiously—a credit card may help you begin re-establishing good credit. Many credit card offers sent to people post-bankruptcy are usually accompanied by high annual fees and interest rates. If you can find a card without an annual fee, using it regularly and paying it off promptly can be a step to a better credit score. Another excellent option is a secured credit card, where you deposit an amount of money that serves as your line of credit.

To speak with our skilled bankruptcy attorneys and put your financial future on a fast track, contact King and King for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com

Do You Need An Attorney To File Bankruptcy In Georgia?

For many families in Georgia, bankruptcy offers a path to a better, debt-free life and freedom from the harassment of debt collectors. However, the process of filing for bankruptcy is more complex than most people assume.

Here are four benefits of hiring a bankruptcy attorney:

1. Your bankruptcy attorney will help you determine if filing for bankruptcy is the right decision for you and your family.

We are here to help. Your bankruptcy lawyer will assess your situation and help you determine if filing is a smart decision.

2. Your attorney will help you understand state and federal bankruptcy laws.

Your bankruptcy attorney will evaluate your case and explain the relevant laws. Regulations can apply differently to each chapter and these laws my affect your eligibility.

3. Your attorney will stop the actions of debt-collection agencies.

No more annoying calls from collection agencies. Filing for bankruptcy stops the calls.

4. An attorney can help you avoid mistakes and get you the most out of your bankruptcy.

People filing for bankruptcy without a lawyer often make mistakes that delay the bankruptcy process or even cause their case to get dismissed. There may be errors on the paperwork, or you may even break the law without knowing it. Your attorney will make sure you do not compromise your financial or personal interests.

With your King and King legal support, the process of filing for bankruptcy will become much simpler and easier to manage. Your lawyer will guide you through every step – from filing the initial paperwork to representing you in court.

The attorneys at King and King understand how difficult it can be to deal with overwhelming debt. Fortunately, we also understand the options you have available to you to end your debt woes.

Call us today for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com

4 Reasons Filing Bankruptcy In Georgia May Be Right For You

If you are unable to keep up with your bills, bankruptcy can help you achieve a clean slate and peace of mind. While there are definite benefits to bankruptcy, how do you know bankruptcy is right for you?

If you are considering bankruptcy, you should first consult a bankruptcy attorney to assess your unique financial situation, determine whether you qualify to file, and explain the process. Below are a few reasons filing bankruptcy may be your next step to a brighter financial future.

Overwhelming Debt

Unsecured debts include things like medical bills, credit card bills and broken apartment leases. Depending on whether you file Chapter 7 or Chapter 13 bankruptcy, these debts may be eliminated entirely or may be paid back little by little over time.

You risk foreclosure on your home

 A bankruptcy filing can stop you from losing your home and can clear away 2^nd mortgages in certain cases. Bankruptcy can prevent repossession of your assets as well. Motor vehicles, wedding rings and retirement accounts are examples of exemptions.

Your wages are being garnished

Bankruptcy will put an automatic stay on debt collection efforts taking any money out of your paycheck.

You are being harassed by creditors

As soon as a petition for bankruptcy is filed, creditors must stop contacting you immediately.

Bankruptcy will stop the debt collectors from calling, and help you to get the fresh start you need to get back on track.

Call King and King today for a free consultation at 404-524-6400 or visit us at www.kingandkingattorneys.com for more information.

What Types Of Debt Can Bankruptcy Eliminate In Georgia?

Debt that grows out of control is more common than most people think. At King and King we understand the stress and anxiety overwhelming debt can cause, we can help. Some debts are treated differently by the law and different chapters of bankruptcy offer different forms of debt relief. It is very important that the attorney you hire takes full advantage of the protections available under the Bankruptcy Code.

We offer our clients the possibility of relief from a wide variety of debt, including:

Medical debt

Credit card debt

Second mortgages

Back taxes

Personal loans

Business debt

Judgments

Malpractice judgments

With over 30 years of experience our attorneys will help you regain a sound financial footing. We will help you decide if Chapter 7 or Chapter 13 bankruptcy is right for you.

Our highly skilled bankruptcy representation allows us to offer our clients the strongest opportunity for resolving difficult financial situations. Our experience with Chapter 7 and Chapter 13 bankruptcy allows us to create resolutions that help our clients regain a sound financial footing so they can chart their path to greater economic certainty. Call King and King today for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com

What Are The Benefits of Filing for Bankruptcy In Georgia?

Are you concerned how filing for bankruptcy will affect your future?  If so you are not alone. Falling behind on your financial obligations can leave you feeling confused, angry and helpless. Whether you have lost your job, experienced an increase in your mortgage rate or are unable to work due to injury, bankruptcy can put your financial situation back on track.

 Below are some of the benefits to filing for bankruptcy in Georgia:

• Filing for bankruptcy will put an end to creditor harassment.  After you have filed for bankruptcy your creditors will not be able to contact you anymore.  In fact, after you have filed for bankruptcy you will never have to make direct contact with your creditors again.

• Filing for bankruptcy can stop foreclosure.  If you are facing foreclosure, you should speak with Mike about filing for Chapter 13 bankruptcy.  After filing for Chapter 13, an “Automatic Stay” will come into effect that will halt the foreclosure process.

• Filing for bankruptcy will put an end to wage garnishments.

• Filing for bankruptcy will put an end to repossessions.

• Filing for bankruptcy will eliminate the stress, anxiety, and frustration that have been weighing you down.

But perhaps the number one benefit of bankruptcy is the fresh financial start you’ll be given.  After so much time spent worrying how you will pay back your debt, you can finally move forward with a clean slate.

The attorneys at King and King understand how difficult it can be to deal with overwhelming debt. Fortunately, we also understand the options you have available to you to end your debt woes.

Call us today for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com

How Fast Can I File For Bankruptcy In Georgia?

If you have fallen far behind on your bills and are considering bankruptcy protection, you must be wondering how fast your bankruptcy filing will take effect. King and King understands the urgency of your situation. Your creditors have most likely been calling for weeks, months or longer. Your wages may have recently been garnished or the threat of home foreclosure or car repossession may loom large in your life. The good news is: King and King can help.

In most cases, King and King will file your bankruptcy the same day you come to our office.  This means you get the benefit of bankruptcy protection immediately.  Many clients leave the office with a case number already.

To speak with our skilled bankruptcy attorneys and put your financial future on a fast track, contact King and King for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com 

Can Filing Bankruptcy In Georgia Protect Your Home?

Like many states in the U.S. foreclosures have impacted the lives of thousands in Georgia. If you are currently facing foreclosure proceedings or if foreclosure is imminent, King and King wants you to know that there are actions you can take to stop foreclosure and protect your home. By working with our experienced and compassionate Georgia bankruptcy lawyers, you can receive the support you deserve and the assistance you need to navigate through these difficult times.

Bankruptcy is a powerful tool in defending against foreclosure. One of the most important elements of foreclosure defense is the automatic stay. The automatic stay is issued immediately after you file with the bankruptcy court. Providing you with bankruptcy protection, the automatic stay orders all collection activities against you to stop. This means that all foreclosure proceedings will also cease while your bankruptcy is pending.

Using the time afforded by the automatic stay can be invaluable in allowing you to organize your finances. It may also permit the time you need to reach loan modifications with your mortgage lender and to negotiate more manageable and feasible mortgage terms. Payment plans reached in Chapter 13 proceedings can also potentially allow homeowners to make up missed payments and keep their property. Bankruptcy can also be used to completely strip second mortgages.

Time is a factor in foreclosure cases; call King and King today and schedule a free case evaluation so we can explore your foreclosure defense options. Work with experienced attorneys who really care about clients. Contact King and King today at 404-524-6400 or visit us online at www.kingandkingattorneys.com

Life After Filing Bankruptcy In Georgia

One of the important questions our clients ask is, “What will life be like after filing bankruptcy?” They are worried that they may not be able to establish good credit or make any major purchases after filing for bankruptcy. There are adjustments to make after filing for bankruptcy, but fears about having credit that is "permanently" ruined are unfounded.

At King and King, we help individuals in Georgia anticipate and prepare for life after bankruptcy. With over 30 years of experience, we have helped many people just like you get a fresh start and begin the process of restoring their lives and their credit.

Bankruptcy is an option that’s meant to help; the stress and anxiety caused by your current financial matters will be removed. After bankruptcy, you might be surprised how relieved, calm and in control you feel. You will also be in a much better position to meet your ongoing expenses.

Your credit will not be flawless after a bankruptcy, but it is not as bad as you might think. A bankruptcy on your credit report will not make you ineligible to get future credit by any means.

Filing for bankruptcy can be a responsible way to take back control of your future and your finances. To get the facts about credit repair and life after bankruptcy, call King and King at 404-524-6400 for a free initial consultation or visit us online at www.kingandkingattorneys.com.

Can Bankruptcy Wipe Out Tax Debt in Georgia?

Good news: bankruptcy can wipe out many tax debts. Both federal and state income taxes can be addressed in bankruptcy if specific conditions are met.

At King and King, we work with our clients to make sure that any possible debts that are eligible for discharge, including back taxes, are considered as part of their bankruptcy proceedings.

Eliminating Tax Debt Through Bankruptcy

If you have tax debt, we will determine whether that debt is eligible to be wiped out (discharged) as part of your bankruptcy. By learning how old the debt is, whether you have filed a tax return for the debt and other basic information, we will be able to determine what options are available to you. Handling taxes in a bankruptcy case is complex, so make sure you’re working with a bankruptcy attorney that can protect your interests.

The next step is to speak to one of our experienced attorneys to find out if bankruptcy can help you with your tax debt. Call King and King for a free consultation today at 404-524-6400 or visit us online at www.kingandkingattorneys.com for more information. 

Behind On Your Bills In Georgia? King & King Can Help.

When your bills pile up, so does the stress. This can be even more frustrating if you have been making all your payments on time in the past. You may find yourself in this situation due to a job loss, a sudden unexpected expense, or health reasons. Whatever the reason, you may be able to get your finances back under control. Here are a few tips:

1. Create a priority list

First step, prioritize your bills. The essential bills on top, entertainment towards the bottom. Try not to leave anything out; rank them in terms of importance. Clear these bills one by one before you decide to spend a dime anywhere else.

2. Don’t run away from your creditors

When you have too many bills to pay, avoiding your creditors may seem like an easy way to deal with them. However, ignoring calls from your creditors will not make them go away. Try calling your creditors and explaining the situation you’re in. They may actually give you more time to pay your debts.

3. Reduce your expenses

This may be tougher than it sounds. If you have any extras you can trim for your expenses, now is the time to do it, even if that means canceling Netflix. Every dollar counts when restructuring your budget.

If your bills have become uncontrollable, bankruptcy may be an option. King and King can help; call our office at 404-524-6400 for a free consultation today. 

What Can I Keep After Filing Bankruptcy In Georgia?

A question we hear from many clients is, “What can I keep after bankruptcy?” When you file for bankruptcy, bankruptcy laws allow you to keep certain property by labeling that property as exempt. These exemptions can be either straightforward or complex depending on the property itself. This is one of the many reasons to hire an experienced attorney who can guide you through your entire bankruptcy process.

At King and King, our approach is to protect all of our client’s assets while in bankruptcy. For the majority of our clients, we can protect everything. Deciding if Chapter 7 or Chapter 13 bankruptcy is right for you is part of that process. It’s easy to be misled by internet research or news stories. We offer free consultations where you can get the answers you need to make the right decision for you.

With the help of an experienced attorney from King and King, you can come out of bankruptcy in far better financial shape then you were in before. Call us today for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com.

Can I Keep My House If I File For Bankruptcy In Georgia?

Many of our clients are concerned about how filing bankruptcy will affect their home. The good news is filing bankruptcy may be the best way to save your home, especially if you are facing foreclosure. Filing bankruptcy can also help you save the equity in your home if you want to sell it in the future.

Below is a brief summary of how filing bankruptcy can help save your home.

Most importantly, as long as you continue to make payments on your home, it is generally protected under bankruptcy exemptions in Georgia.

If you are behind on your mortgage payments, filing bankruptcy will put an immediate stop to a home foreclosure. You will still need to get caught up on your payments. Filing Chapter 13 bankruptcy allows you to put your mortgage arrearages into your payment plan and pay it off over a three-to five-year period. By eliminating or reducing other forms of debt such as credit card bills, you will find it easier to keep up with your house payments after filing bankruptcy.

If you want to sell your home and protect the profits, you may be able to do so when you file Chapter 13 bankruptcy. You may be allowed to protect all profits (up to certain exemptions, your attorney can assist you). You will need approval from the Chapter 13 Bankruptcy Court before you can sell your home.

For more information about whether you can keep your home after filing bankruptcy, contact the attorneys at King and King. Call us at 404-524-6400 for a free consultation or visit us online at www.kingandkingattorneys.com

Can I File Bankruptcy In Georgia Without An Attorney?

If you’re comfortable with filing complicated legal documents, you may not need a bankruptcy attorney. Filing without representation is also referred to as filing pro se.  However, because of the many complicated issues that can come up in a bankruptcy, it is not recommended to file without a skilled attorney representing you.  Documents must be filed and deadlines must be met.  It is a complicated process best overseen by an attorney.

Working with a bankruptcy lawyer from King and King means the hard work is already done for you. All you need to do is bring documentation, such as income statements and tax returns, and your attorney will do the rest for you. The last thing you need to worry about when faced with bankruptcy is administration and legal jargon. When working with King and King, you won’t have to.

Hiring an attorney to handle your bankruptcy can provide you with a number of benefits including:

A stress free solution – If you are contemplating bankruptcy, whether Chapter 7, or Chapter 13 bankruptcy, then you will already have a lot on your plate and a lot to think about. Hiring an attorney can help you avoid any additional stress from mistakes, and will provide you with a simple, stress free way to move forward.

A Quick Way to Gain Control – When you work with an attorney from King and King, you can expect your bankruptcy process to be quite fast. In fact, as soon as the documents have been filed, you can expect wage garnishment, foreclosure and calling creditors to stop. We will guide you every step of the way so you know what to expect.

Filing for bankruptcy can be one of the hardest decisions to come to terms with. An attorney can help you come to terms with what this means and take on the legal side of things. If you are considering filing for bankruptcy, call King and King at 404-524-6400 for a free consultation or visit us online at www.kingandkingattorneys.com

Five Things You Should Know When Filing Bankruptcy In Georgia

It costs you nothing to explore bankruptcy as an option. Waiting can come at a high cost. You may end up losing assets you could have kept if you had filed bankruptcy earlier.

If you are considering filing bankruptcy, here are five things you should know when filing bankruptcy in Georgia:

Filing bankruptcy is a team effort.  Bankruptcy requires you to provide information regarding your debts, your possessions and many other details about your financial affairs to your attorney.  The person who is the most knowledgeable about these details is you. So, you must actively participate with your attorney in the preparation of your bankruptcy paperwork.

Bankruptcy can save your home and your car. Bankruptcy can discharge all or most of your debts, stop a foreclosure, prevent repossession of your car, and stop wage garnishment.  

You must list all of your debts.  We will need a list of all outstanding debts you owe. You should provide your attorney with copies of all your bills, collection letters, and lawsuits. Write down the name and address of bills you are missing.  The power of bankruptcy is to notify your creditors that you filed and that they can no longer contact you. 

You must list all of your assets.  Just like with debts, you need to disclose everything you own in a bankruptcy – this includes your home and car and household goods. Most, if not all, of your assets should be protected; however, the key is disclosure.

Bankruptcy can help you rebuild your credit.  Bankruptcy is designed to give people a fresh start.  While a bankruptcy filing will remain on your credit report for years, your credit score will begin to improve within a few months after your discharge, as long as you pay your bills on time.

Taking into consideration how complex bankruptcy law is, we can’t cover everything here. Call King and King for a free consultation where we can fully answer your questions 404-524-6400 or visit us online at www.kingandkingattorneys.com.

Can Bankruptcy Help With My Medical Bills In Georgia?

Medical bills can quickly put you over your head in debt. In Georgia, medical debt is one of the leading causes of bankruptcy.  Fortunately, medical bills are easy to wipe out in bankruptcy. They are a class of debt in bankruptcy knows as “unsecured debt.”

An attorney at King and King can review your situation and explain your bankruptcy options. For many people, this means filing for a Chapter 7 bankruptcy, which will completely eliminate many types of unsecured debts, such as medical bills and credit card bills. Most filers are able to keep all of their property.

You may also qualify for a Chapter 13 bankruptcy. This can also eliminate or reduce your unsecured debts, including your medical bills. You can also stop foreclosure and sometimes eliminate second mortgages.

You Can Still Obtain Medical Care

You will still be able to get the treatment you need. Your ability to obtain medical care will not be affected when you file for bankruptcy.

If you’re struggling with overwhelming medical debt, we can help. Call us today at 404-524-6400 for a free consultation or visit us online at www.kingandkingattorneys.com

Do's and Don’ts For Filing Bankruptcy In Georgia

Filing for bankruptcy can be difficult and complicated. We've put together a quick overview to help you when filing for bankruptcy in Georgia. Our list is a great overview, but reviewing with a qualified attorney is the best way to get answers to your questions.

Bankruptcy Do's:

 Do be honest with your attorney — King and King handles all your personal information with confidentiality and privacy. Be sure to tell us everything so we can file your bankruptcy petition accurately.

 Do continue making mortgage payments — If you get behind after filing bankruptcy, your creditor can begin foreclosure on your home. The good news is we can help even up to the last moment, and may be able to resolve the situation if you fall behind while in an active bankruptcy.

Bankruptcy Don'ts:

Don't hide your property —Transferring your property to another person may be seen as fraudulent. Let us help you keep it.

Don't pay off personal loans — If you owe money to family members, now is not the time to repay them. Let the bankruptcy court determine the priority of your creditors and handle it through the proper channels.

Don't spend your retirement money — More good news, most retirement accounts are exempt in bankruptcy.  Speak with your attorney for more details.

If you are ready to speak to a bankruptcy attorney who can help, call 404-524-6400 for a free consultation today.  Need more information? Visit us online at www.kingandkingattorneys.com

How To Stop Wage Garnishment In Georgia

Wage garnishment in Georgia can be difficult to reverse. The money you earn will be taken out of your paycheck until the full amount is repaid to your creditor. The good news is as soon as you file bankruptcy, the bankruptcy court issues an order telling all of your creditors to stop contacting you. This order is called the “automatic stay.“  The automatic stay also prohibits creditors from any and all collection actions against you, including wage garnishments.

Even if you wait until after you have begun being garnished, a bankruptcy will stop the garnishment immediately. You may be able to recover months of garnished wages. Any money that is garnished by mistake after the case is filed must also be returned.

To stop your wage garnishment and file for bankruptcy, contact the experienced bankruptcy attorneys at King and King for a free consultation today, 404-524-6400. Need more information? Visit us at www.kingandkingattorneys.com

Should I Have Money In The Bank Before Filing Bankruptcy?

Prior to filing bankruptcy there are some smart ways to use your money. However it’s very important to understand what you can spend money on and what the courts will not consider exempt. We recommend consulting with your attorney before making these decisions.

Bankruptcy laws in Georgia allow you to plan prior to filing bankruptcy.  You are also allowed to maximize the exemptions which can increase the property you get to keep.  This includes converting non-exempt assess (such as cash) into exempt assets (like appliances or clothing). Making smart purchases with your money prior to filing can help you transition out of bankruptcy and help reduce the amount of cash that can become part of your bankruptcy estate.

Some exempt assets to consider purchasing prior to filing bankruptcy include:

• Most major appliances (not including televisions)
• Beds and bedding
• Clothing and shoes
• Food
• Back payments on secured assets such as cars or homes
• Bringing utility payments current
• Necessary and current bills such as rent or cell phone bills

Items you should not spend money on prior to filing bankruptcy include:

• Vacations or any travel
• Jewelry or other luxury items
• Televisions
• Recreational Vehicles

There are many other items not considered exempt.  Call King and King in Atlanta today for a free consultation at 404-524-6400 or visit us at www.kingandkingattorneys.com for more information.

Will I Lose My Home or Car if I File for Bankruptcy In Georgia?

This is often the first question that comes up during one of our free consultations.

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.

When Should I Consider Filing For Bankruptcy?

Facing bankruptcy can be incredibly intimidating. If you are currently considering filing bankruptcy in order to gain control of your debts, King and King’s experienced and supportive bankruptcy attorneys are here to help you throughout every step of your bankruptcy process.

Bankruptcy is regarded as the ultimate debt relief solution. It is a legal process which promises a fresh financial start by eliminating your outstanding debts.

If you answer yes to a few of the following questions it may be time to schedule a free consultation with a King and King attorney.

Are you are unemployed or have lost your job recently?

Are you only able to make minimum payments on your credit cards?

Are creditors calling you?

Does the thought of your finances make you feel out of control?

Do you use credit cards to pay for necessities?

Are you considering debt consolidation?

Are you unsure how much you owe?

The attorneys at King and King use more than 30 years of experience to help you determine which type of bankruptcy to file and how best to protect your assets. If you are ready to get your finances under control call King and King today at 404-524-6400 to schedule your free consultation or visit us online at www.kingandkingattorneys.com for more information.

Stop Creditor Harassment in Atlanta, You have Rights.

If you are having trouble and fall behind in paying your debts, the debt collectors start calling. We have heard from clients that the calls come all times of the day and night, at home and at work. We have even heard of debt collectors calling extended family members! The good news is you have the right to be treated fairly, and King and King can help.

Federal law prohibits debt collectors from engaging in unfair, deceptive, or abusive practices. Filing bankruptcy in Georgia immediately stops all debt collection. Here are a few of the federal laws pertaining to debt collecting:

Debt collectors may contact you only between 8 a.m. and 9 p.m.

Debt collectors may not contact you at work if they know your employer disapproves. You may request to have them call you either before or after work.

Debt collectors may not harass, oppress, or abuse you.

Debt collectors may not lie when collecting debts, such as falsely implying that you have committed a crime.

Debt collectors must identify themselves to you on the phone.

Debt collectors must stop contacting you if you ask them to do so in writing.

It is also necessary to remember that if a creditor contacts you on a debt that was discharged through your bankruptcy, they are violating the law.  If this is happening to you, you may have a cause of action against the debt collector.  Call King and King and we can help determine what your next steps are.

Bankruptcy will stop the debt collectors from calling, and help you to get the fresh start you need to get back on track. Call King and King today for a free consultation at 404-524-6400 or visit us at www.kingandkingattorneys.com for more information.

Can I Use My Tax Return To File Bankruptcy in Georgia?

The answer is yes, and you’re not alone. According to recent research submitted to the National Bureau of Economic Research, approximately 200,000 Americans will use their tax refunds to pay for bankruptcy filing this year.  For many Georgians who have seen their debt go out of control due to events like job loss, foreclosure, or medical emergencies, filing bankruptcy is an excellent way to get a fresh start. 

A common question is: should you file your taxes before you file for bankruptcy? In most cases if you are expecting a refund the answer is yes.

Bankruptcy can be a complicated process; the experienced attorneys at King and King are available to answer questions about your unique situation during your free bankruptcy consultation. Your attorney will also help you decide if you should file Chapter 7 bankruptcy or Chapter 13 bankruptcy, and how best to protect your assets.

If you’re ready to get your financial future under control, call King and King at 404-524-6400 for a free consultation today or visit us at www.kingandkingattorneys.com for more information.