What Are The Advantages Of Filing Chapter 7 Bankruptcy?

The first is chapter 7 bankruptcy is usually the fastest, least expensive form of bankruptcy. The Atlanta bankruptcy attorneys at King & King can help you clear your debt and get a fresh start.

 

Advantages Of Chapter 7 Bankruptcy

Chapter 7 bankruptcy in Georgia stops garnishments immediately.

Payments to your creditors stop.

Harassment from creditors stops as soon as you file.

In most cases, you can keep your car and your home.

Chapter 7 bankruptcy covers credit cards, medical bills, payday loans, personal loans, lines of credit, car loans, mortgages, and most other debt. Chapter 7 also removes debts to utility companies.

 

For our clients, filing a Chapter 7 bankruptcy puts them on the road to financial freedom. You do not have to commit to a repayment plan or repay a single unsecured creditor.  If Chapter 7 will not work for you, then we may be able to help you file a Chapter13 bankruptcy.  Contact us so we can help you better understand the process and which chapter is right for you.

 

Filing your chapter 7 bankruptcy with King and King can be quick and simple.

 

Call King and King today at 404-524-6400 for a free consultation. We will review your situation and schedule a meeting to get started. Don’t wait: you could be debt free in as little as three to four months. Visit www.kingandkingattorneys.com for more information.

Can Bankruptcy Stop Foreclosure In Georgia?

Many people who are considering bankruptcy in 2023 fear that they will lose the things that they worked hard for when they file. We can help you can keep your home, especially if the home is in danger of foreclosure.

 

Bankruptcy can stop foreclosure, and give you time to put a plan together.

 

The Automatic Stay

One of the benefits of filing for bankruptcy is the automatic stay. In both Chapter 7 and Chapter 13 bankruptcy filings, the automatic stay begins as soon as the bankruptcy case has been filed. The automatic stay stops all collections by creditors. Foreclosure proceedings are included in that group of actions that are stopped.

 

Chapter 13 Bankruptcy

Chapter 13 bankruptcy proceedings allow you to repay past-due mortgage payments a little bit at a time over several years rather than forcing you to pay all at once. If you can remain current on the monthly plan and mortgage payments, you should be able to keep your home.

 

Contact King & King For a Free Consultation Today

An experienced Georgia bankruptcy lawyer can help you determine the best way to stop a foreclosure, help you utilize the best exemptions to protect your property, and can help address any concerns you have about the bankruptcy process.

 

Call King & King today at 404-524-6400 to schedule a free consultation to discuss how bankruptcy may help you.

Will Filing Bankruptcy in Georgia Have A Negative Effect On My Retirement?

Considering Bankruptcy in Retirement?

Filing bankruptcy in Georgia can be a wise decision that can protect your retirement assets and your family. If you have made careful financial arrangements for your retirement, unexpected problems can arise. The death of your spouse, a serious illness, losses in investments or real estate, reduced pensions, predatory lending, and sometimes simply the rising cost of living can all be reasons to file for bankruptcy. King & King can help.

 

 

 

What Can Bankruptcy Do to Help?

A bankruptcy discharge does not affect your retirement assets. You will not lose your retirement plans, including your 401(k), 529 Plan, Roth IRA, or SEP IRA. Filing for bankruptcy will enact an automatic stay, which will stop creditors from contacting you. It will also put a stop to eviction or foreclosure proceedings and protect your personal property, in addition to giving you greater financial stability to enjoy your retirement.

 

You deserve to enjoy your retirement. The experienced bankruptcy lawyers at King & King can help you understand your options and explain the process of filing for bankruptcy to you. Call us at 404-524-6400 for a free consultation or visit us at www.kingandkingattorneys.com for more information.