Is Filing Bankruptcy in 2025 Right for you?

King & King can help you become debt free in 2025. We recommend scheduling a consultation with a bankruptcy attorney who can analyze your specific facts and go over your options. 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 Are Your Debt Problems?

 

• Credit card debit

• Medical Debt

• Car or home repossession

• Foreclosure

 

What Happens If You Don’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 whether declaring a bankruptcy case would be in your best interest. King & King will evaluate your situation and determine if Chapter 13 or Chapter 7 bankruptcy 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

Can You Stop Auto Repossession In Georgia?

If you have fallen behind on car payments, repossession can be right around the corner. Living without transportation can be challenging for you and your family. Filing bankruptcy can stop repossession. King & King can help.

Bankruptcy law in 2024 says that in both a Chapter 7 and a Chapter 13 bankruptcy, an “automatic stay” goes into effect as soon as you file. The “automatic stay” prevents creditors from continuing to pursue collection efforts against you while you are in your bankruptcy, including repossession.

It is possible to keep your car when you file bankruptcy. The key is to act fast and speak with a qualified bankruptcy attorney, such as King & King, at the first sign of financial trouble. The sooner you get a case number, the sooner collection calls and repossessions are put to a stop. We have the background you need to get a fresh financial start, and can help you organize your debts in a way that fits your budget. Call us today for a free consultation at 404-524-6400.

Should I File For Bankruptcy?

At King & King in Atlanta, we understand that deciding to file for bankruptcy in 2024 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.

Finding the Right Bankruptcy Attorney in Atlanta

 

If your monthly bills are piling up and you now avoid answering the phone or checking the mail in fear of facing another creditor, you may consider the advantages of filing for either Chapter 7 or Chapter 13 bankruptcy so you can move on with your life with a brighter financial outlook. Filing bankruptcy can be a complicated process, and enlisting the trust of a qualified bankruptcy attorney is invaluable. He or she will take care of all the heavy lifting for you, so you can get back to your regular life — debt-free — as soon as possible.

Here are five things to look for in an Atlanta bankruptcy attorney:

1. Your Bankruptcy Attorney Won’t Force You to File

2. Your Bankruptcy Attorney Will Help You To Decide Which Chapter is Right for You

3. Your Bankruptcy Attorney Should Not Pressure You to File

4. Your Bankruptcy Attorney Will Listen to You

5. Your Bankruptcy Attorney Should Have Time For Your Case

If you are considering bankruptcy, you do not have to go through this process alone. Get a skilled and experienced attorney on your side by calling the Georgia bankruptcy lawyers of King & King today at 404-524-6400.

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

If you have received a letter about a debt collection lawsuit in Georgia, there is help for you. 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, here are some of the 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.

If I File Bankruptcy Can I Keep My Car?

Bankruptcy laws in 2024 allow you to keep your car, if your bankruptcy schedules exempt the equity value in your car and you keep making your payments in time during the course of the of your bankruptcy case. The exemptions necessary to keep your car are complex and must be filed properly. The experienced bankruptcy attorneys at King & King can explain the process and help you keep your car.

Most people can keep their cars in bankruptcy with little worry. Bankruptcy laws protect property that is needed to start over once your debt is wiped out. A car is one of the basic pieces of property you need to rebuild your credit, stay employed and take care of your family.

A big worry for most people considering bankruptcy is what will happen to their car. The purpose of bankruptcy is to give you a fresh financial start, and the law recognizes that to have a fresh start, a debtor usually needs a car to survive.

Of course, if your vehicle payments are unduly burdensome, you could stop making them, file chapter 7 bankruptcy, and any balance owed to the lender should be discharged.  Relief from the automatic stay will typically be granted to the lender upon the filing of a motion and, after entry of an order, repossession can quickly follow.

Call the bankruptcy attorneys at King & King today for a free consultation. We will help you to a brighter financial future 404-524-6400 or visit us online at www.kingandkingattorneys.com

What Happens After I File For Bankruptcy In Atlanta?

Considering filing for bankruptcy in 2024? Most people are unsure of the process and unsure of the outcome. The surprising fact is that most people are able to quickly rebound to get their credit and life back on track.

First we need to decide whether you file Chapter 7 or Chapter 13 bankruptcy. We treat every case as a unique case because each case is unique. We can help you get the facts about what your situation is when you speak with one of the lawyers at King & King. Your initial consultation is always provided free of charge.

What can bankruptcy can do for you?

•  You can improve your credit after filing bankruptcy.
•  Bankruptcy can save your house from foreclosure and your car from repossession.
•  After your debts are discharged through bankruptcy, you can start saving money and planning for the future.

To fully understand Georgia bankruptcy laws, and how they can impact your debt and improve your life, speak to the attorneys at King & King today by calling 404-524-6400 or visit us online at www.kingandkingattorneys.com

Bankruptcy Can End Credit Card Debt

Bankruptcy is here to help remove the burden of debt and to give you a fresh start. In your initial consultation with the lawyers at King & King in Atlanta, we will discuss your financial problems and develop a solution just for you.

Many of the clients we speak with have been struggling for months or years to make minimum monthly credit card payments. The average credit card interest rate is over 20%. Paying the minimum payment, it can take you 10 years or more to pay off your debt. Filing bankruptcy in Georgia can wipe the slate clean so you can move forward.

Chapter 7 bankruptcy can wipe out all of your credit card debt and unsecured loans, including medical bills. A Chapter 13 bankruptcy will allow you to make payments based upon your monthly budget, and usually you only pay back just a small fraction of your debt. As soon as your bankruptcy is filed the threats of lawsuits and garnishment will stop immediately.

Filing for bankruptcy allows you to take control of your finances. Call 404-524-6400 and speak with an attorney at King & King for a free bankruptcy evaluation. We can help, call today.

Will I Lose My House and Car if I File for Bankruptcy In Atlanta?

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.

Is Filing Bankruptcy in 2024 Right for you?

 

At King & King, we understand that deciding whether or not to file for bankruptcy in Georgia is a very important decision to make. That’s why we recommend scheduling a consultation with a bankruptcy attorney who can analyze your specific facts and go over your options. 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 Are Your Debt Problems?

• Credit card debit

• Medical Debt

• Car or home repossession

• Foreclosure

What Happens If You Don’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 whether declaring a bankruptcy case would be in your best interest. King & King will evaluate your situation and determine if Chapter 13 or Chapter 7 bankruptcy 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.

Some Unexpected Benefits of Filing Bankruptcy In Georgia

If you need long-term relief from having to pay debts you can’t handle King & King can help. 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 just a few benefits of bankruptcy:

 

1. Recently Garnished By a Creditor? You may get money back.

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

 

2. Undo 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.

 

Can Chapter 7 Bankruptcy Work For You?

Chapter 7 bankruptcy allows you to have most if not all of your debts discharged. Bankruptcy laws can be complicated, you can schedule a free consult with King & King where we can help determine whether Chapter 7 is right in your situation, and help navigate the bankruptcy process for you. If not Chapter 13 bankruptcy may be an option.

 

 

 

 

How Can Chapter 7 Bankruptcy Help?

As soon as you file your bankruptcy, an automatic stay goes into effect that stops all collection efforts of your creditors, including lawsuits, wage garnishments, foreclosure, or eviction proceedings, and more.  At the end of your Chapter 7 case, the bankruptcy court will discharge your debts, including:

 

Credit cards

Medical bills

Overdue rent and utilities

Personal loans

Some tax debts

Certain legal judgments

After a discharge, you will have no further legal obligation to make any payments on those debts again, you will have a fresh start.

 

Find Out How Our Chapter 7 Bankruptcy Lawyers Can Help

King & King understands how difficult and stressful life can be when you feel as if you are drowning in debt. If you don´t think you can bring your debts under control, and need the help of a team of caring professionals, please call us at 404-524-6400 for your free consultation.

Can I File For Bankruptcy In Georgia?

Yes you can! You need to decide if you should file Chapter 7 or Chapter 13 bankruptcy. We can help and we treat every case as a unique case because each case is unique. We can help you get the facts about what your situation is when you speak with one of the lawyers at King & King. Your initial consultation is provided free of charge.

 

Most people can improve their credit after filing bankruptcy.

Bankruptcy can save your house from foreclosure and your car from repossession.

After your debts are discharged through bankruptcy, you can find it much easier to start saving money and planning for the future.

To fully understand Georgia bankruptcy laws, and how they can impact your debt and improve your life, speak to the attorneys at King & King today by calling 404-524-6400 or visit us online at www.kingandkingattorneys.com

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.

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.

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.

Can I Rebuild My Credit After Filing Bankruptcy?

Filing for bankruptcy can give you the fresh start you deserve. When you finish filing for bankruptcy, you no longer owe any money to your creditors. You can live without all the pressure overwhelming debt causes you.

 After bankruptcy you can rebuild your credit. Here are some simple steps to getting your credit score will start to rise.  After as little as 18-24 months, your credit report can be a positive one.

 

Improving Your Credit Score

There are several things you can do to improve your credit score with a bankruptcy discharge on your credit report, including the following.

 

• Acquire a Secured Credit Card. In order to rebuild your credit, you will need to take out loans and pay them on time. A secured credit card gives you credit up to the amount you have in the bank that issues the card.

 

• Take out an Installment Loan. A car loan is a common type of installment loan. You must make your payments on time every single month in order to use your installment loan to rebuild your credit.

 

• Check Your Credit Report. After your bankruptcy has been discharged, check your credit reports. You are looking for errors: debts you have repaid but still appear and any other types of mistakes. Contact the credit agency where the mistake appears to have it corrected.

 

In many ways, once you have completed a filing for Chapter 7 or Chapter 13 bankruptcy your financial future is brighter. It is important that you avoid the mistakes and traps that could get you in trouble again. King & King is dedicated to helping clients file for personal bankruptcy and rebuild their lives afterwards. For a free initial consultation, contact our office at 404-524-6400.

What Should You Do If Your Wages Are Being Garnished?

Wage garnishment causes serious hardship and can make it impossible to get back on top financially. If your wages are currently being subjected to wage garnishment, bankruptcy could be a solution. King & King in Atlanta can help.

 

When can your wages be garnished?

A creditor must obtain a wage garnishment against you in court. Your creditor must then notify the sheriff’s office where you live and provide paperwork proving the ruling against you. The sheriff’s office will then contact your employer, who must garnish your wages.

 

Will I be told that my wages are going to be garnished?

In most cases you will receive a letter to attend the hearing about your debt or by receiving a letter that a creditor has won a judgment against you. If you miss notification by the court, you may be told by your employer.

 

What can I do if my wages are garnished?

Your creditor will continue garnishments until your debt is repaid if you do not act. One effective way to immediately stop wage garnishment is to file bankruptcy. When you file for bankruptcy, you get an automatic stay, which stops all collections, including garnishments. If the debt is charged off or otherwise addressed during bankruptcy, the garnishment cannot be restarted, even when the bankruptcy ends.

 

At King & King bankruptcy attorneys we have been helping people in the state of Georgia stop wage garnishment for over 40 years. Call us today for a free consultation at 404-524-6400. We can help you get the fresh start you deserve.

 

If You File Chapter 13 Bankruptcy, Can You Keep Your Assets?

If you are worrying about losing your car, home, or other assets upon filing for bankruptcy, Chapter 13 may be the better option for you. Chapter 13 reorganizes your debt into a repayment plan and protects your property.

 

If you have a large amount of assets, Chapter 13 bankruptcy offers advantages that may make it suitable. You can save your home, your car, 401k, and more. Your bankruptcy attorney will review your case with you so you can make an informed decision.

 

Another advantage of Chapter 13 is that you know going into it that the repayment plan will work for you because it is built from your current financial situation and income. Under your repayment plan, you may only pay off a portion of some debts but may pay off others entirely.  Each case is different.  Your attorney tailor-makes your case for you, depending on a variety of factors.

 

For most clients, the duration of your repayment plan typically lasts from three to five years. King and King will evaluate your situation and determine if Chapter 13 bankruptcy is right for you. Call our office today at 404-524-6400 to schedule a free, confidential consultation to discuss your options or visit us at www.kingandkingattorneys.com.

Can Bankruptcy Get Rid Of All Your Credit Card Debt?

Bankruptcy can wipe clean your unsecured debt. Here are examples of two types of debt, secured debt which include mortgages and auto loans and unsecured, meaning there is no collateral associated with it. Credit card debt is the most common type of unsecured debt.  King & King can help you get rid of your credit card debt and get a fresh start.

If you qualify for Chapter 7 bankruptcy, you can expect your credit card debt to be eliminated. If you do not qualify for Chapter 7 relief, you have the option to file for chapter 13 bankruptcy. Chapter 13 may be appropriate if your income is too high to qualify for Chapter 7. Chapter 13 bankruptcy would allow you to repay as much of your credit card debt that you can afford to repay based upon your available income, and the remaining amounts would be eliminated.

If you are facing insurmountable credit card debt, King & King can help. Call today at 404-524-6400 for a free consultation. We can help you figure out the best way for you to eliminate credit card debt and get a fresh start. https://kingandkingattorneys.com/