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

Finding the Right Atlanta Bankruptcy Attorney

Filing bankruptcy in Georgia can get your life back on track. Even after experiencing months or years of financial instability. Monthly bills can pile up and now creditors are calling so you may avoid answering the phone or checking the mail in fear of facing more stress. At King & King we understand and can help. Filing for either Chapter 7 or Chapter 13 bankruptcy can eliminate your debt so you can move on with your life and have a brighter financial outlook. Filing bankruptcy can be a complicated process, and enlisting the trust of a qualified bankruptcy attorney is invaluable. Our attorneys 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 four things to look for in a bankruptcy attorney:

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

2. Your Bankruptcy Attorney Will Help You to Decide on Which Chapter to File

3. Your Bankruptcy Attorney Will Listen to You

4. 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.

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.

Bankruptcy Can Wipe Out Credit Card Debt In Georgia

If you’re overwhelmed by credit card debt, you’re not alone. According to the Federal Reserve, U.S. consumers are currently carrying more than $800 billion in credit card debt. And, about 4 million of those credit card accounts are delinquent. The average balance on a credit card is now almost $6,200, and the typical American holds four credit cards, according to the credit bureau Experian. Fortunately, help is available.

 

We understand credit card debt isn't just a result of careless spending. Many people in Georgia incur credit card debt because they're having trouble covering their basic living expenses. Unexpected medical bills, car repairs, home repairs, and sometimes just day to day life can make using your credit card necessary.

 

There is Relief from Credit Card Debt

Credit card debt can leave you feeling like there’s no way out. Balances keep growing, and then harassing telephone calls start to interrupt your home and work life. Creditors and debt collectors want you to believe there’s no hope, that there’s no way forward except making payments you can’t afford. Fortunately, that’s just not true. King & King can help you file bankruptcy and wipe out your credit card debt so you get a fresh start. Chapter 7 Bankruptcy will also clear your personal loans, payday loans, and medical bills in most cases.

 

There are certain conditions that need to be met in order to qualify for chapter 7 bankruptcy. You will have to pass the means test. This is an income based test where your income has to be below a certain amount based on your family size, your attorney can walk you through this process.

 

If you find yourself facing insurmountable credit card debt, King & King can help. Call today at 404-524-6400 for a free consultation. We can advise you of what is the best way for you to eliminate credit card debt and get a fresh start.

Is Back Rent Dischargeable In Bankruptcy?

It can be expensive to live in the state of Georgia, and rent can represent a large part of an individual’s total income. Many people who file for bankruptcy are behind on their rent, and sometimes on the verge of eviction. The good news is your back rent can be dischargeable in a personal bankruptcy just like any unsecured debt such as credit card debt or medical bills. Filing bankruptcy will stop your landlord from trying to evict you (if you file in time), and give you some time to get your finances in order. Your options vary depending if you file a Chapter 7 bankruptcy or a Chapter 13 bankruptcy.

Filing Bankruptcy Can Stay an Eviction

Filing bankruptcy can put a stop to eviction actions, and that stay can be a contributing factor in the decision to file bankruptcy. It’s important to speak with your Georgia bankruptcy attorney before you are too far behind, because if you wait too long to file a bankruptcy petition, you may not be able to stop an eviction.

If a court has already issued a writ of eviction, it’s likely too late for an automatic stay to be of any help, so bankruptcy would not be able to stop your eviction in that case. The bankruptcy court could determine that the eviction process has already been completed and you must vacate your home. However, if you file for bankruptcy before there is a final order of eviction, you should be able to get an automatic stay and stop the eviction. Your bankruptcy attorney can help you decide on the best course of action.

King & King Can Help You File Bankruptcy And Stop Eviction

Bankruptcy and eviction is a tricky topic, and it’s best to rely on an attorney’s advice.  If you think at some point it’s possible that you will need to file either a Chapter 7 or a Chapter 13 bankruptcy, contact a bankruptcy attorney at King & King sooner rather than later. We can outline your bankruptcy options that will put you on a path to a brighter financial future. Call us at 404-524-6400 for a free consultation today.

Can I Rebuild Good Credit After Filing Bankruptcy In Atlanta?

Filing for bankruptcy can be an important first step towards giving yourself the fresh start you deserve. When you file bankruptcy and get relief from your bill problems, you no longer owe any money to your creditors. You no longer have to suffer with the continuing delinquencies.

 In order to preserve your newfound financial stability, you must take care to rebuild your credit and avoid common pitfalls. If you take some simple steps to rebuilding your credit after bankruptcy, 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 a number of 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. It may seem counterintuitive, but in order to rebuild your credit, you will need to take out loans and repay 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. An installment loan is any kind of a loan that requires monthly payments, such as a car loan. You must make your payments on time every single month in order to use your installment loan to rebuild your credit.

·         Check and Correct 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.

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.

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.

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

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

Can I Keep My Car If I File Chapter 7 Bankruptcy In Georgia?

You can 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 Should You Expect After Filing Bankruptcy In Georgia?

If you’re currently thinking about filing for bankruptcy in Georgia, you are probably feeling a bit apprehensive or worried about what will happen once you file. It might seem overwhelming, but bankruptcy has given countless Georgians the chance to rebuild their credit and their lives. You too can get your life back on track quickly.

While each case that we see at the bankruptcy offices of King& King is different and each form of bankruptcy (Chapter 7, Chapter 13) is also different, once your debts are discharged through bankruptcy, you can begin saving money and establishing your credit once again. In most cases, your credit rating improves immediately because the old debt is no longer on your credit report.

What happens when you file for bankruptcy? First of all, the bankruptcy court will mail each of your creditors a “Notice of Commencement of Case,” which will tell them that you have filed for bankruptcy. This notice will also inform you of the date for the first meeting of creditors, which will happen about 30 to 40 days after you file. You will be required to attend this hearing and your attorney will walk you through the process. At this meeting, the trustee will ask you questions regarding your bankruptcy papers, your debts, assets, and other financial information. If you file under Chapter 7, the Bankruptcy Court enters an Order of Discharge 60 to 75 days after this hearing takes place. If you file for Chapter 13, the court will enter an order confirming your plan as soon as you meet the requirements. Then, you will receive your discharge once the plan is complete.

It might seem like a difficult process, but your King & King attorney will be there every step of the way to make it a stress-free situation. After you file for bankruptcy, you can look forward to a brighter future that includes rebuilding your credit, and living a life unburdened with debt.

If you are ready to take the next step, call King & King bankruptcy attorneys today for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com for more information. 

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

Because bankruptcy can be an immensely important tool to those experiencing financial issues, some people tend to think that once you file bankruptcy, you can’t file again. This simply isn’t true.

While every case is unique, the bankruptcy code permits people who have filed for bankruptcy in the past to file a new case. Of course there are time restrictions in place to ensure people don’t abuse the benefits of bankruptcy. The good news is that if you need to file bankruptcy again, you probably can, and our Atlanta bankruptcy attorneys at King & King can help you better understand how soon you will be eligible to file a new case.

Chapter 7 bankruptcy – If you filed for Chapter 7 bankruptcy in the past (which allows qualifying debt to be wiped away or discharged), you will need to wait 8 years before you can file another Chapter 7.  This may vary if you filed but were not granted a discharge.

Chapter 13 bankruptcy – The rules governing repeat filings under Chapter 13 are complex.  You may be able to refile your dismissed case, or file a new case after getting a discharge under Chapter 7 or Chapter 13, but the rules are complicated and you should discuss them with an attorney.  Call us for your free consultation.

Bankruptcy does have its advantages, and it can help you again if you’ve found yourself in debt you can’t pay back. Call the attorneys at King & King today at 404-524-6400 and let us help you get on the path to financial freedom. 

How to File Bankruptcy in Georgia

Are you burdened by an overwhelming amount of debt? Bankruptcy is an excellent means of finding relief from debts that you cannot afford to repay. Every year, thousands of people in the state of Georgia make the decision for a fresh start using bankruptcy. King & King bankruptcy attorneys are here to help. Our ultimate goal is to help you get out from under your debt and rebuild your financial foundation.

Here are a few things to consider when filing for bankruptcy.

Hiring an attorney

Filing bankruptcy is much more complicated than it appears on the surface. It is important to have an attorney representing you.  Your attorney can help you determine which debts you can discharge. Your attorney will help you protect your assets, and will help you do so within the law. Your attorney will make sure you list all assets and that every asset that can be is protected. Your attorney will help you ensure that your bankruptcy is a fresh start. Hiring a good attorney to represent, protect, and advise you is your first investment in a new financial future. Call King & King for a free consultation today 404-524-6400

Types of Bankruptcy

There are several types of bankruptcy that can be filed. Anyone hoping to file bankruptcy under Chapter 7 in Georgia must first pass a means test. This test deducts your living expenses from your income to determine how much disposable income you have (if any). If your disposable income is below the median for a household of your size, then you may be able to protect your property and have your credit cards, medical bills, and other debts discharged through Chapter 7 bankruptcy.  The means test is complicated. It is very important to have an attorney’s help so you can get the best relief bankruptcy has to offer.

People who have some disposable income but are still unable to repay their debts may be eligible for Chapter 13 bankruptcy. In Chapter 13, you will be able to set up a repayment plan with your creditors and continue making affordable payments over the next three to five years. In many cases, unsecured creditors are not paid at all. Once your repayment period is up, your remaining debt is discharged. Your attorney will help you decide which chapter will get you the best possible debt relief. 

Life After Bankruptcy

The good news for people who go through the bankruptcy process is that there is life after bankruptcy. It is a common bankruptcy myth that you cannot get credit after bankruptcy. In fact, this is far from the truth. While it might take a year or two, bankruptcy can help you restore your credit. Many people report huge jumps in their credit score a year or two after finishing with bankruptcy.

If you are facing overwhelming debt and are interested in a fresh start, our bankruptcy lawyers are here to help. Contact us today online to schedule a free debt relief consultation with an experienced attorney or call us at 404-524-6400

Three Steps to Take After Filing Bankruptcy in Georgia

After you’ve received your bankruptcy discharge, you will most likely be feeling a huge sense of relief. Although you have overcome a big hurdle, you may be wondering, “What do I do next?” Here are a few tips for regaining financial stability in your life after bankruptcy.

Obtain Your Credit Report

Obtaining a copy of your credit report will allow you to identify—and dispute, if necessary—incorrectly reported information and ensure that your discharged debts are reflecting a zero balance on those accounts. As time goes by, check your credit report yearly.

Create a Monthly Budget

Knowing how much money you have every month can significantly reduce the stress you may feel following your bankruptcy. Total up all of your income, and then compare this amount to your monthly expenses. Cut back where you need to and save what you can. Your bankruptcy attorney can help you create a realistic budget that you’ll be able to stick to.

Start To Rebuild Your Credit

After a bankruptcy filing, it’s time to rebuild your credit and improve your credit score.

Pay your bills—the best way you can work toward better credit is by paying all of your bills on time. Start here.

Use a credit card cautiously—a credit card may help you begin re-establishing good credit. Many credit card offers sent to people post-bankruptcy are usually accompanied by high annual fees and interest rates. If you can find a card without an annual fee, using it regularly and paying it off promptly can be a step to a better credit score. Another excellent option is a secured credit card, where you deposit an amount of money that serves as your line of credit.

To speak with our skilled bankruptcy attorneys and put your financial future on a fast track, contact King and King for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com

What Types Of Debt Can Bankruptcy Eliminate In Georgia?

Debt that grows out of control is more common than most people think. At King and King we understand the stress and anxiety overwhelming debt can cause, we can help. Some debts are treated differently by the law and different chapters of bankruptcy offer different forms of debt relief. It is very important that the attorney you hire takes full advantage of the protections available under the Bankruptcy Code.

We offer our clients the possibility of relief from a wide variety of debt, including:

Medical debt

Credit card debt

Second mortgages

Back taxes

Personal loans

Business debt

Judgments

Malpractice judgments

With over 30 years of experience our attorneys will help you regain a sound financial footing. We will help you decide if Chapter 7 or Chapter 13 bankruptcy is right for you.

Our highly skilled bankruptcy representation allows us to offer our clients the strongest opportunity for resolving difficult financial situations. Our experience with Chapter 7 and Chapter 13 bankruptcy allows us to create resolutions that help our clients regain a sound financial footing so they can chart their path to greater economic certainty. Call King and King today for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com

Should I Have Money In The Bank Before Filing Bankruptcy?

Prior to filing bankruptcy there are some smart ways to use your money. However it’s very important to understand what you can spend money on and what the courts will not consider exempt. We recommend consulting with your attorney before making these decisions.

Bankruptcy laws in Georgia allow you to plan prior to filing bankruptcy.  You are also allowed to maximize the exemptions which can increase the property you get to keep.  This includes converting non-exempt assess (such as cash) into exempt assets (like appliances or clothing). Making smart purchases with your money prior to filing can help you transition out of bankruptcy and help reduce the amount of cash that can become part of your bankruptcy estate.

Some exempt assets to consider purchasing prior to filing bankruptcy include:

• Most major appliances (not including televisions)
• Beds and bedding
• Clothing and shoes
• Food
• Back payments on secured assets such as cars or homes
• Bringing utility payments current
• Necessary and current bills such as rent or cell phone bills

Items you should not spend money on prior to filing bankruptcy include:

• Vacations or any travel
• Jewelry or other luxury items
• Televisions
• Recreational Vehicles

There are many other items not considered exempt.  Call King and King in Atlanta today for a free consultation at 404-524-6400 or visit us 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.