Risks You Take When Filing Bankruptcy Without an Attorney In Georgia

While you can file bankruptcy without an attorney, it can be very challenging. Mistakes made while filing can lead to your bankruptcy being dismissed when if filed properly you may have received a clean slate. Here are some common mistakes made when filing without an attorney.

Filing The Wrong Kind Of Bankruptcy

Chapter 7 or Chapter 13? This question may seem simple on the surface, but the one you choose needs to reflect your income and assets. A bankruptcy attorney can assess your situation and offer the best advice on whether Chapter 7 or Chapter 13 is best for you.

Mistakes On Your Bankruptcy Filing Paperwork

There’s a document called a “voluntary petition” that stands as the record that you’re filing for bankruptcy. However, there are many other forms you’ll need to fill out and there is other paperwork to submit. Making a small error or leaving out a minor detail out could delay your case. If it’s a serious error, then your case could be dismissed entirely.

You Could Lose Property or Assets You’re Entitled To Keep

If you end up choosing the wrong exemptions, then you may lose property you actually have a right to keep. There is property that can’t be touched because of exemptions – your attorney can help you keep your assets, including your home and car.

At King & King, we understand that your finances are a concern. We can help you move forward from your debt and give you the fresh start you need. Call King & King at 404-524-6400 today for a free consultation. 

Can I File Bankruptcy In Georgia Again if I Filed in the Past?

Bankruptcy is a powerful legal tool that has helped many people emerge completely from debt. Because bankruptcy can be an immensely powerful tool to those experiencing financial troubles, most people tend to think that once you file bankruptcy, you can’t file again. The good news is that isn’t true.

The bankruptcy code allows people who have filed for bankruptcy in the past to file a new case. However, there are restrictions in place to ensure the benefits of bankruptcy aren’t abused. The bankruptcy attorneys at King & King can help you better understand if you are eligible to file a new case during a free consultation and explore all of your available options. To help you better understand laws regarding filing bankruptcy again, here are a few tips. 

Chapter 7 bankruptcy – If you filed for Chapter 7 bankruptcy in the past, you have to wait 8 years before you can file under the same Chapter again. This can vary if you filed but were not granted a discharge.

Chapter 13 bankruptcy – It is possible to refile your Chapter 13 bankruptcy.  The rules of refiling Chapter 13 are complex.  Call King & King for your free case review today.

In some cases, the timeline of when you can file again may change depending on the dismissal of your previous bankruptcy. Some cases get dismissed before debt is discharged which can happen for a number of reasons such as failing to appear in court, incomplete paperwork or defaulting on a Chapter 13 payment arrangement. If your case was dismissed for such reasons, you may be able to refile immediately.

At King & King, we understand that people who have gone through the bankruptcy process before may find themselves back in financial trouble. By calling the attorneys at King & King for a free consultation, you can learn more about filing a new case and how soon you can expect a fresh start. Call us today at 404-524-6400 or visit us online at www.kingandkingattorneys.com