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.

Is It Time To File For Bankruptcy?

At King & King in Atlanta, we understand that deciding to file for bankruptcy is a very important decision to make. We are here to help. Scheduling a consultation with a bankruptcy attorney who can analyze your specific facts and go over your options is a great first step. If you are ready for a free consultation, call us at 404-524-6400 for help today. Here a few of the things to review when deciding to file for bankruptcy.

 

What Does Your Debt Problem Look Like?

• Out of control credit card debit

• Medical Debt

• Repossession

• Foreclosure

 

What Happens If You Can’t Pay Your Debt?

• Your creditors can put liens against your assets

• Seize your bank accounts

• Garnish your wages

• Foreclosure

• Repossession

 

What Happens If You File For Bankruptcy?

• Stop all collections against you and your creditors will stop contacting you

• Relieve the legal obligation to pay back your debts

• Allow you to rebuild your credit

• Remove liens against your property

• Stop repossession

• Stop foreclosure

 

Call the experienced bankruptcy staff at King & King to determine if declaring bankruptcy would be in your best interest. King & King will evaluate your situation and determine if Chapter 13 or Chapter 7bankruptcy is right for you. Call our office today at 404-524-6400 to schedule a free, confidential consultation to discuss your options, or feel free to visit us at www.kingandkingattorneys.com. We can help.

What Can You Keep in Chapter 7 Bankruptcy in Atlanta?

If you are thinking about filing for Chapter 7 bankruptcy in Atlanta, King & King can help. When bankruptcy works the right way, you will emerge from your bankruptcy debt free, while keeping your home, car, and possessions.



Property that will likely be exempt from liquidation in your Chapter 7 bankruptcy.



· Your primary motor vehicle.

· Clothing.

· Furniture, household goods and other items.

· Household appliances.

· Jewelry.

· Retirement pensions.

· Equity in your home.

· Tools of your trade.

· Social security, disability benefits and other public benefits.

· Personal injury damage awards.





Qualifying for bankruptcy is the first step you can take towards achieving a fresh financial start. Speak with a knowledgeable bankruptcy attorney from King & King today to get your questions answered with a no-obligation consultation.

Learn more about how to stop your home foreclosure, keep your car from being repossessed, and other important actions you can take to getting your life on track call King & King at 404-524-6400 for help today.

Can Bankruptcy Help Me With Taxes In Georgia?

It is a common myth that bankruptcy can’t eliminate the taxes you owe when, in fact, the Bankruptcy Code provides most residents of Georgia with some form of income tax relief. The extent of your tax relief will depend on the nature of the tax liability and the type of bankruptcy filing. The bankruptcy attorneys at King & King can answer any questions you may have. 

 

Determining if Bankruptcy can Discharge Your Tax Debt

There are some instances where you may able to have your tax debt discharged. At King and King, we can meet with you and help determine whether your tax debts can be discharged through Chapter 7 bankruptcy, or Chapter13 bankruptcy. Your Tax debt may be eligible for discharge if:

1. Your tax debt is not tied to a fraudulent tax return

2. You have not been charged with tax evasion

3. Your unpaid taxes are from an income tax return that is at least three years old

4. Your tax debt is related a to a return filed at least two years ago

5. Your unpaid taxes may also lead the IRS to assess you monetary penalties.

Our experienced tax attorneys can review your situation to see if it is possible to reduce or eliminate your outstanding penalties related to unpaid taxes.

 

If you or a loved one is considering filing for bankruptcy and need help with the tax implications, contact King and King at 404-524-6400 for a free initial consultation.

Considering Bankruptcy? This Is What You Should Know.

Filing for bankruptcy is a serious decision. Our attorneys at King & King understand that and are here to help. We will present you all your options and help you decide which bankruptcy will work best for you. Here are some common reasons why someone may consider filing for bankruptcy:

1. Overwhelming debt: If your debts are so high that you cannot realistically see a way to repay them, even if you were to stop using your credit cards and tighten your budget, bankruptcy may be a good option.

2. Constant harassment from creditors: If you are being constantly pursued by creditors or debt collectors, bankruptcy can help provide relief from this harassment.

3. Threat of wage garnishment or property seizure: If your creditors have obtained a court judgment against you and are threatening to garnish your wages or seize your property, bankruptcy can help protect these assets.

4. Unexpected life events: If you have suffered a significant setback such as a job loss, medical emergency, or divorce, bankruptcy may be a good option if you cannot manage your debts.

What Type Of Bankruptcy Is Right For You?

Chapter 7 bankruptcy is often referred to as a "liquidation" bankruptcy, as it involves selling certain assets to pay off debts. Chapter 7 is typically best suited for individuals with few assets and a large amount of unsecured debt, such as credit card debt or medical bills.

If you are considering Chapter 7 bankruptcy, here are some factors to keep in mind:

1. Eligibility: You must pass a means test to determine if you are eligible to file for Chapter 7 bankruptcy. This test compares your income to the median income in your state and considers your expenses and debts.

2. Exemptions: Some assets, such as your home, vehicle, and personal belongings, may be protected under state and federal exemptions.

3. Timing: The process of Chapter 7 bankruptcy typically takes about 4-6 months from start to finish.

Here are some factors to consider if you are thinking about Chapter 13 bankruptcy:

1. Eligibility: To be eligible for Chapter 13 bankruptcy, you must have a regular income and your debt must fall within certain limits.

2. Repayment plan: In Chapter 13 bankruptcy, you will propose a repayment plan to repay a portion of your debts over a three-to-five-year period. This plan must be approved by the bankruptcy court.

3. Protection of assets: Chapter 13 bankruptcy allows you to keep your assets, such as your home and vehicle, as long as you make the payments required under your repayment plan.

4. Timing: The process of Chapter 13 bankruptcy typically takes three to five years from start to finish.

If you are considering bankruptcy, call the bankruptcy attorneys at King & King who can evaluate your specific financial situation and help you determine the right option for you. Call Today at 404-524-6400.

 

 

What Happens After My Bankruptcy Discharge?

Here are a few tips for after your Atlanta bankruptcy attorney has completed your case and your debt has been discharged.

 

1. Review Your Credit Report

After two months your creditors should have made any necessary updates your credit report.  This is the perfect time for you to make sure that all your debt shows that it has been discharged via bankruptcy.  You should not expect to see any past due accounts.  If you do see any debt that shows you are late or missing payments you should dispute the item on your credit report and contact the creditor to make sure that they will report your account properly going forward. 

 

2. Rebuild Your Credit

Once you receive a discharge, you should consider opening a secured credit card and start establishing a payment history.  We frequently have clients who can rebuild their credit scores to 700 within a year or two after their bankruptcy case and move on to purchase homes.  Be diligent about rebuilding your credit after bankruptcy, you can bounce back quicker than you expected.

 

3. Don’t Be Afraid To Answer Your Phone

It is possible a creditor may not be aware that you filed bankruptcy.  If you get a call trying to collect a debt after your bankruptcy is finished make sure to inform them of your bankruptcy case.  In nearly all cases, you informing them of your concluded bankruptcy case will  stop all calls. Your bankruptcy attorney will have informed you of any non-dischargeable debt in bankruptcy such as child support, spousal support, taxes, student loans, and fines. You must keep paying any non-dischargeable debt. 

 

4. Enjoy Your Financial Freedom.

Enjoy the fresh start you have given yourself. You made a smart financial decision for your future.  Now that you have experience you can avoid previous pitfalls. However sometimes things happen in life and  turning to a real solution like bankruptcy can be the right choice.

 

If you need help our Atlanta bankruptcy attorneys know what you’re going through. Call King & King at 404-524-6400 today to schedule a free consultation.

How Does a Chapter 13 Bankruptcy in Georgia Work?

In Georgia, like many states, people have continued to struggle with how to stay on top of their debt despite the healthy economy over the last several years. For some people, debt is due to excessive medical costs, job loss, divorce, death of family member, or one of many other factors. Filing for bankruptcy offers the chance to start over and be free of debt. 

There are two main forms of personal bankruptcy, Chapter 7 and Chapter 13. A Chapter 13 bankruptcy plan is essentially a form of organized repayment. If you file Chapter 13, you must have sufficient income to qualify and make monthly payments to a trustee for a period of time lasting between 36 and 60 months. The monthly payments are used by the trustee to in turn make payments to creditors. The amount eventually repaid to creditors may be significantly less than what was originally owed and is determined at the outset of the bankruptcy plan. Consumers do not lose their assets in a Chapter 13 plan. A Chapter 13 bankruptcy also puts an automatic stay on foreclosure proceedings and stops vehicles from getting repossessed.

Our Atlanta debt relief attorneys know what you’re going through, and they’re ready to help. Call King & King at 404-524-6400 today to schedule a free consultation with an attorney.

What is the Income Limit for Filing Chapter 7 Bankruptcy in Georgia?

In order to file a Chapter 7 bankruptcy, you must pass a means test which compares your disposable income to the average median income for a family of the same size in Georgia.

What is a Means Test?

A Chapter 7 bankruptcy is a short process, typically lasting no longer than six months. The Chapter 7 means test is a method of qualification designed to reserve Chapter 7 bankruptcies only for those who truly can't afford to repay their debts in full. Your bankruptcy attorney will walk you through the process to ensure things go smoothly.

Taking a Means Test

To begin a means test, compare your annual income to the median income for the same size household in Georgia. If you make less than your state’s median income, you qualify and are free to file a Chapter 7 bankruptcy (presuming all other eligibility requirements are met). If you make the same, or more than, the median income for Georgia, then you must continue on with the test. In part two of the bankruptcy means test in Georgia, you use your monthly income for the six months before you plan on filing bankruptcy. By deducting your monthly expenses from your current average monthly income, you calculate your disposable income. The lower your disposable income each month, the more likely you may qualify for Chapter 7. The Means Test can be very very complicated. Your bankruptcy attorney will help you accurately prepare your Means Test. 

What Happens If You Don't Qualify for Chapter 7 Bankruptcy

If you don’t qualify for a Chapter 7, you can file a Chapter 13 bankruptcy instead. A Chapter 13 is known as a repayment bankruptcy and can help you repay your debts over either a three-to-five year period.

If you're thinking about filing bankruptcy, but aren't sure if you should move forward, call King & King at 404-524-6400 to schedule a free consultation with an attorney. King & King is dedicated to helping clients file for personal bankruptcy and rebuild their lives afterwards.

Can I Stop Repossession If I File Bankruptcy in Georgia?

If you are struggling with debt and unable to make payments, your creditor may try to repossess your car. There are things you can do to stop car repossession. The bankruptcy attorneys at King & King can explain your options and help you keep your car.

Can Bankruptcy Stop Repossession?

Yes. When you file bankruptcy, your creditors cannot repossess your car provided you agree to make payments. By filing Chapter 13 bankruptcy, your debt will be reorganized and reduced, and you will have the chance to repay that debt over a period of time.

Bankruptcy can also stop:

Wage garnishment

Lawsuits by creditors

Foreclosure

Other collection actions

My Car Has Been Repossessed. Can I Get It Back?

In most instances, if your car has been repossessed by a creditor, but has not yet been sold, you can get it back by filing Chapter 13 bankruptcy, but you must act quickly. Usually, creditors will hold the car for 10 days. If bankruptcy is filed before the creditor has resold the car, you should be able to get it back.

If you’re behind on your payments, contact the bankruptcy team at King & King to learn about your options. Facing repossession and other collection tactics can be frightening, but with the power of the bankruptcy code on your side, it doesn’t need to be. By choosing an experienced bankruptcy law firm, you can protect your valued property and stop debt collectors in their tracks. Call King & King today for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com

Can Filing Chapter 13 Bankruptcy in Georgia Help You Keep Your House?

The risk of foreclosure can bring a lot of anxiety, and you could be contemplating bankruptcy as an option to help you get out from under your debt. As a homeowner, if you fall three or more months behind on your mortgage payments, your mortgage company may begin the foreclosure process. Once this happens, your mortgage company may stop accepting payments until you pay the full past due amount, usually called the loan reinstatement amount. As this amount can also include any interest, penalties, and legal fees, the amount you owe can climb quickly and it may be too much to pay. If this is your experience, bankruptcy may be the solution you are looking for.

What is the Automatic Stay in Chapter 13 Bankruptcy?

Filing a Chapter 13 bankruptcy will grant you protection from your creditors. This is called the Automatic Stay of bankruptcy. This protection is powerful enough to stop creditor action, including a foreclosure. Once your attorney files your Chapter 13 case, you will set up a payment plan which allows you to pay back your past due mortgage payments over a three-to-five-year period. You will not have to pay the full loan reinstatement amount at one time.

If your home is at risk of foreclosure, call the bankruptcy lawyers at King & King for a free consultation. We can help you file for bankruptcy relief, and ensure that the creditor calls and collection letters stop immediately so you can get the peace of mind you need and deserve. Call us today at 404-524-6400 or visit us at www.kingandkingattorneys.com

6 Unexpected Benefits of Filing Bankruptcy In Georgia

You’re likely considering bankruptcy because you need financial relief. More to the point, you need immediate relief from debt collection pressures. You need long-term relief from having to pay debts you can’t handle. Bankruptcy provides both immediate and long-term relief. Filing bankruptcy in Georgia can give you immediate and long-term relief from your creditors.

Bankruptcy can often also give you some other rather amazing benefits, beyond the basic relief you expect. Here are six unexpected benefits of bankruptcy:

1. Get Back Money Recently Garnished By a Creditor

Through “preference” law, you could get back money that was recently garnished by a creditor. 

2. Undo Judgment Liens on Your Home

Through judgment lien “avoidance” you can often permanently remove a judgment lien, a tremendous practical benefit.  

3. Reinstate Your Driver’s License from Failing to Pay Tickets

Reinstate your license if it’s been suspended for unpaid traffic infractions.

4. Get Back Your Just-Repossessed Vehicle

Filing bankruptcy not only prevents vehicle repossession. You may be able to get your vehicle back after it has been repossessed.  But, you must act quickly.

5. “Cram down” and Change the Payment Terms of Your Vehicle Loan

If your vehicle loan is more than two and a half years old, you may be able to reduce both your interest rate and the amount you have to pay back on the loan.  You can reduce the total amount to the value of the car, not the outstanding balance on the loan (often much higher).  This is called “cram down.”

6. Get Out of Your Vehicle Lease through Bankruptcy

Leasing is often an efficient way to have a vehicle short-term, but is actually usually the most expensive long-term. Bankruptcy can be the best way to get out of this expensive obligation.

If you are thinking about filing bankruptcy, the first thing you need to know is that you’re not alone. The compassionate and experienced bankruptcy lawyers at King & King will help you through the bad times and plan for much better times. Call us at 404-524-6400 for a free consultation today or visit our website at kingandkingattorneys.com for more information.

How Can Bankruptcy Stop Your Car From Being Repossessed?

This can be a difficult time of the year for many families. You may be having trouble paying your bills, but you still want your family have a great holiday season. This may mean you spend more money than you should, and suddenly it’s easy to find you are facing serious debt problems. There is help.

First, be careful about how you approach your financial situation. Certain car creditors may be more aggressive than others. If you miss a car payment, the lender may repossess your car, which can make a difficult financial position much worse.

If your car is repossessed, the lender can sell the car and use the money to pay off the balance of the loan. If more funds are still owed, the lender can sue you for the outstanding amount. This means you may still be making payments on a car that you no longer have.  Your wages can also be garnished in this situation.

If you find yourself in this situation you have options. You can work with your lender to try to find a more manageable payment schedule or other type of loan modification. You can also take advantage of bankruptcy.

Under the “Automatic Stay” in Chapter 13 bankruptcy, any collections or repossession actions against you must stop. This allows you an opportunity to design a plan to meet your financial obligations, including car payments. You will be able to keep certain property, including vehicles, which is extremely helpful.

Filing bankruptcy means you can keep your car and start on the road to a better financial future. The experienced Georgia bankruptcy attorneys at King & King will analyze your specific situation and help you develop a plan that meets your needs. Call us today at 404-524-6400  for a free consultation.

Bankruptcy Can Help You Deal with Medical Debt In Georgia

Medical bills continue to be one of most common reasons why people file bankruptcy in Georgia. Even when you have health care coverage, it can be impossible to pay co-pays for doctor visits, prescription medications, and make payments on bills your insurance does not cover. People all over Georgia continue to juggle their finances by trying to make payments on credit card debt, mortgage and vehicle payments, utilities, and groceries all while trying to cover unexpected medical expenses. When it becomes too much to handle, the bankruptcy attorneys at King & King can help.

Bankruptcy can clear your debt. Chapter 7 bankruptcy eliminates unsecured debts such as credit card bills, personal loans, broken leases and medical bills. Chapter 13 bankruptcy reorganizes debts into an affordable monthly plan that allows you to make payments based on your income ability. Chapter 13 also helps stop foreclosure, repossession and more. Your bankruptcy attorney can help you decide which chapter is best for you. Both chapters put a stop to all collections.

When you or a loved one is dealing with an illness or other health concerns, the last thing you want to worry about is how bills will be paid. This is when an experienced bankruptcy attorney at King & King can help you find an appropriate solution to your situation.

If you are dealing with medical debt or find it is becoming increasingly difficult to make necessary monthly payments because of medical bills, call King & King to schedule a free consultation today at 404-524-6400.

3 Steps To Stop Wage Garnishment in Georgia Today

In Georgia, garnishment is not something that can happen overnight in most cases. In order to take a portion of your wages, your creditor needs an order from the court. To obtain this order, the creditor must first sue you for the debt, win the lawsuit and obtain a judgment. Having prevailed in the lawsuit, your creditor may then ask the court to allow your wages to be garnished. However, in some cases this may happen without your knowledge. Here are 3 steps to stop wage garnishment in Georgia.

1. Call King & King to schedule an appointment. We will see you as soon as possible and inform you of the next steps during your free consultation with a skilled attorney.

2. Bring your paperwork to the appointment. We will let you know in advance the paperwork we may need to stop your garnishment, so be sure to bring what you can.

3. We can file your bankruptcy the same day (business hours allowing) and contact your creditor and payroll department for you to stop the garnishment.

At King & King, we take the time to understand your needs and answer all of your questions. While we want to solve your problem quickly, it’s important that you are comfortable with the process, and understand how it will impact you. These thoughtful conversations enable us to ensure the best possible outcomes. Call King & King bankruptcy attorneys today at 404-524-6400 to schedule an appointment so we can assess your financial situation and recommend the best way for you to get your affairs back on track.

Do You Get Out Of All Debts If You Declare Bankruptcy?

If you are struggling with debt in Georgia, you are not alone. Most people fall behind on their bills at some point in their lives. Don’t worry—you can get help.

Bankruptcy may be the answer to your problems. Speaking with an experienced attorney will give you a better idea of how bankruptcy can help your specific situation. Chapter 7 bankruptcy is a legal process that can remove most debts and give you a fresh start, but there are some debts you may have to set up a payment plan to pay off. 

The debts that bankruptcy can help with are known as unsecured debt. If you have these kinds of debts, filing bankruptcy will most likely wipe them out:

credit card bills
medical bills
utility bills
personal loans
stale tax debt
Broken leases

The rules are different for other debts, such as:

child support
alimony
recent tax debt
federally-insured student loans

Bankruptcy can also provide relief from your secured creditors, like for your home or for your car.  If you live in Georgia and are looking for a bankruptcy lawyer to help you get out from under your debt, call King & King at 404-524-6400 for a free consultation.  We will review your debt and guide you to the most effective bankruptcy to file. Begin your journey to a fresh start today.

What Happens to Unsecured Debts When I File Bankruptcy in Atlanta?

The main goals of a Chapter 7 bankruptcy case are to stop creditors’ collection actions against you and to discharge as many of your debts as possible. Creditor collections are stopped by the “automatic stay.” The automatic stay also stops home foreclosure, repossessions, and wage garnishments. When bankruptcy is filed correctly in Georgia, Chapter 7 bankruptcy discharges all “general unsecured debts.”

The good news is your Chapter 7 discharge can happen quite quickly. About 100 days after your bankruptcy lawyer files your case, the bankruptcy court enters a discharge order. The effect of your discharge is creditors can no longer collect on your debt, and you get a fresh start, debt-free!

Unsecured debt amounts under Chapter 13 bankruptcy are often decreased to only a small percent of the original debt, sometimes only 5-10%, often even 0% of the original amount. In most situations, during your Chapter 13 payment period you must pay your secured and priority debts in full before paying your general unsecured debts anything. In many cases, unsecured creditors get nothing.  Contact the attorneys at King & King to find out how a 0% Chapter 13 might work for you.

King & King has been providing an uncompromising level of client care to individuals who are going through bankruptcy. Our attorneys understand that filing for bankruptcy is a last resort option, and it’s associated with strong, difficult emotions. When you walk through our doors, you can rest assured that you aren’t alone in this process. Call King & King today at 404-524-6400 for a free consultation.

Do I Need a Lawyer to File Bankruptcy in Georgia?

Filing for bankruptcy in Georgia can be of the most important decisions you will make in your life. The bankruptcy process is complex, and a single mistake could compromise your ability to successfully complete your bankruptcy case. Because bankruptcy has become more common, people other than lawyers are building businesses around the filing process. If the person preparing your bankruptcy does not have the necessary legal experience to file your case correctly, they could jeopardize your bankruptcy discharge.

The difference in hiring an attorney over a petition preparer is the petition preparer simply completes forms on your behalf. They are not required to have any formal training or undergo a background check, which means you could be handing your sensitive information over to someone you really don’t know. Additionally, they cannot provide any legal advice, so you must educate yourself about complex bankruptcy law before using their services.  Further, in the Northern District of Georgia, the United States Trustee’s Office frowns upon petition preparers.

Filing for bankruptcy involves much more than filling out forms. The bankruptcy lawyers at King & King can provide the kind of legal support you need to protect your rights and get the fresh start you deserve. Call us today to schedule your free consultation at 404-524-6400.

How Can I Stop a Lawsuit From a Creditor in Georgia?

If you have received a letter about a debt collection lawsuit in Georgia, do not ignore it. A lawsuit will not go away if you don’t do anything, and typically will result in a default judgment against you. If the creditor wins the lawsuit, without much notice to you, there are actions they can take to recover the money you owe them.

Garnished Wages

Once a debt collector wins the lawsuit, they can garnish your wages. When a garnishment order is sent to your employer, you can expect them to withhold a portion of your wages and send the money directly to your creditor.  A wage garnishment is a devastating way to pay back a debt, and can quickly send your life into a financial spiral.

Your Bank Account Can be Frozen

The debt collector can also send the judgment to your bank to “freeze” your bank account. If your account is frozen, there are actions you can take to defend yourself. An experienced bankruptcy attorney can explain to you the next steps on how to “unfreeze” the account and keep your money.

 Bankruptcy May Be An Option

If you cannot afford to settle or fight the debt collector in court, a bankruptcy filing may be the best for you. Chapter 7 bankruptcy can eliminate most debts and provide you with a “fresh start.” Once a petition is filed with the Bankruptcy Court, any debt collection lawsuit (garnishment or frozen account) will be stayed. To find out if bankruptcy is right for you, call the offices of King & King for a free consultation today at 404-524-6400.

Can You File For Bankruptcy Twice In Georgia?

Millions of people have filed for bankruptcy protection. After receiving a bankruptcy discharge, most people make every effort to stabilize their finances. However, it’s not uncommon for individuals to need to file a second or even a third bankruptcy petition. If you have filed for bankruptcy and need to file again, your eligibility for debt discharge will be influenced by what type of bankruptcy you filed in the past, what type you are filing now, and when you filed the most recent bankruptcy.

Time restrictions on filing bankruptcy:

For Chapter 7 bankruptcy, in most cases you cannot receive the same type of discharge again until 8 years have passed since the date you filed before.

Many people end up needing to refile their Chapter 13 bankruptcies.  The rules on this are complex.  Contact King & King today for a case review.

It Is Possible to File a Different Type of Bankruptcy

If you previously filed Chapter 7, but would like to file Chapter 13 bankruptcy, it is possible to do so. If you previously filed Chapter 13, but now want to file Chapter 7, this is also possible. You may even be able to convert your current active case from Chapter 13 to Chapter 7.  However, there are many intricate rules. Speak to your attorney to find out what your options are for your specific situation.

For more information regarding your rights and options when you are facing bankruptcy, contact King & King bankruptcy attorneys for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com

How to Clear Medical Debt In Georgia

Large medical debts are one of the most common reasons people consider filing for bankruptcy in Georgia. Even with insurance, an emergency visit to the hospital can cost thousands. Filing for bankruptcy is sometimes the best option for breaking free of medical debt. Your bankruptcy lawyer can help you decide the best option for your situation.

Bankruptcy Can Eliminate Medical Bills

Depending on the type of bankruptcy you qualify for, you may be able to eliminate your medical debt by filing for either Chapter 7 or Chapter 13 bankruptcy.

Chapter 7 Bankruptcy

If you qualify for Chapter 7 bankruptcy, your discharge will wipe out your medical bills along with your other general unsecured debts including credit card debt. There is no limit to the amount of medical debt you can discharge in Chapter 7 bankruptcy.

Chapter 13 Bankruptcy

In Chapter 13 bankruptcy, medical bills and all other general unsecured debts are also dischargeable.  You may not have to pay unsecured debts back at all, or you may just pay a portion.  The amount you pay depends on your income, expenses, and nonexempt assets.

There’s no shame in not being able to pay your medical bills. No matter how high your income or how well-insured you are, expensive medical bills from accidents and illnesses can happen to anyone.

We understand unexpected medical bills are a common reason why people in Georgia and the greater Atlanta area consult bankruptcy lawyers. At King & King, our attorneys understand the difficulties your family is facing. Call us today at 404-524-6400 for a free consultation.