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.