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.

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

As a homeowner in Georgia, if you fall behind on your mortgage payments your mortgage company can begin the foreclosure process. Once this happens, your mortgage company may stop accepting payments until you pay the loan reinstatement amount. This amount can also include any interest, penalties, and legal fees you owe. This amount can quickly become be too much to pay. If you need help, bankruptcy may be the solution you are looking for.

What is the Automatic Stay in Chapter 13 Bankruptcy?

Filing a Chapter 13 bankruptcy triggers an automatic stay. 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, and ensure that the creditor calls and collection letters stop 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

Can I Lose My Home If I File Bankruptcy?

When deciding to file bankruptcy one of the most important questions to consider is whether or not you will lose your home. The first thing to understand are the two main types of bankruptcy, chapter 7 & chapter 13.

 

Chapter 7 Bankruptcy

In Chapter 7 bankruptcy, you can wipe your debts clean and get a fresh start. In this type of bankruptcy, you liquidate your assets and sell them apart from any exempted assets. Your trustees then distribute the proceeds of the assets. It can be possible to lose your home under chapter 7 bankruptcy.  If you own a home and are planning to file chapter 7 bankruptcy, it is important that you consult with an experienced bankruptcy attorney. 

 

Chapter 13 Bankruptcy

Chapter 13 proposes a repayment plan that lasts for three to five years.  Chapter 13 bankruptcy can help you save your home.  As long as you can stick to the repayment plan, all the remaining dischargeable debts are released after the repayment plan and there should be no danger of losing your home.

Keeping up with your overdue payments for certain obligations is another advantage of filing under Chapter 13. This includes home mortgages. This will allow you to gain ground on your payments for up to sixty months and prevent the foreclosure of your home or seizure of your assets.

 

If you are looking to file bankruptcy, we can help. The Atlanta bankruptcy attorneys at King & King  can assess your case and walk you through the impact bankruptcy would have on your home. Call us today at 404-524-6400 for a free consultation. 

How Can Bankruptcy Stop Foreclosure In Georgia?

Many people who are considering bankruptcy fear that they will lose the things that they hold most dear when they file. One of the biggest of these worries is whether you can keep your home, especially if the home is in danger of foreclosure.

Bankruptcy can stop foreclosure, and it is possible for you to keep your home.

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 is a court-ordered injunction that begins as soon as the bankruptcy case has been filed. The automatic stay stops all collection actions by creditors against the debtor. Foreclosure proceedings are included in that group of collection 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 a lump sum up front. 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.

Top Five Reasons People In Georgia File For Bankruptcy

Most people who file bankruptcy do so as a last resort. After struggling to pay the bills left over from some life-changing experience, such as a divorce, the loss of a job, or serious illness, filing bankruptcy can be the best option. There are many reasons people declare bankruptcy aside from being broke. Here are the top five reasons people in Georgia file for bankruptcy.

1. TO KEEP THEIR HOUSE

Bankruptcy is a very effective way for people behind on their mortgage payments to keep their homes. Chapter 13 bankruptcy can actually stop a foreclosure and allow you to get caught back up on payments you have missed. The remaining payments are structured into a manageable payment plan allowing you to repay the amount you are behind on a schedule that works for you.

2. TO KEEP THEIR CAR

Filing bankruptcy can stop a car, truck, or other automobile from being repossessed. If you file bankruptcy before your car is repossessed or quickly thereafter, it can force the creditor to either let you keep your car or return it to you. Payments that have been missed will be consolidated into a Chapter 13 Bankruptcy plan. The payments will be made to the Chapter 13 Bankruptcy trustee who will pay the finance company on your behalf and force them to work with you.

3. GET RID OF MEDICAL BILLS

The unfortunate event of an accident or illness can cause bills to add up faster than one ever thought possible. Whether the bills are your own or those of a loved one, they can quickly take a toll on your finances. In order to get out from under the weight of medical bills, you can file for Chapter 7 or 13 Bankruptcy which will alleviate the burden of the bills significantly, or, in many cases, completely.

4. RECENT UNEMPLOYMENT

Most families plan on the income that they are taking in every month, and the loss of a job can easily put them in an uncomfortable financial position. It can be difficult to find a new job, and during the process it’s easy to rack up quite a bit of debt. Even when income eventually does improve, this is a difficult situation to get out of without the help of bankruptcy.

5. DISCHARGE OF DEBTS

Declaring bankruptcy allows people who owe more money than they will ever reasonably be able to pay back to creditors some additional options. All types of bankruptcy filings allow for at least part, if not all, of debts to be forgiven.

King and King can help you determine what debts you can discharge and if bankruptcy is right for you. Call us today for a free case evaluation at 404-524-6400 or visit us online at www.kingandkingattorneys.com

Bankruptcy Can Stop Foreclosure in Georgia

Foreclosure can begin quickly after missing just a few payments toward your mortgage. The bank that owns your loan can initiate the repossession process and begin foreclosing on your home before you have time to make up the missed payments. In a foreclosure, the lender will sell your home in an auction and the purchase price will be used to repay the debt on your loan. If you have been given a foreclosure notice, you need to immediately speak with a lawyer. King & King can help.

At King & King bankruptcy attorneys, our team can put a stop to the foreclosure process by quickly helping you to file for bankruptcy. One of the most common forms of stopping foreclosure is filing Chapter 7 bankruptcy. As soon as you file for Chapter 7, you will have an automatic stay placed onto your assets and all creditor collection attempts stop. This stay will also put a stop to the foreclosure sale, even if your home is already in the middle of the foreclosure process. Waiting too long to file for bankruptcy can hinder your defense against foreclosure, it’s important that you act immediately after you receive a foreclosure notice from your bank.

You Can Keep Your Home.

Your home may be on the line, so the bankruptcy lawyer you choose matters. At King & King, our team is committed to ensuring that you receive a positive outcome for your case and we will immediately begin to work with you to protect your home. We have helped thousands of clients avoid home foreclosure, we can help you too. If you are facing foreclosure, call King & King and schedule a free case evaluation today! 404-524-6400 www.kingandkingattorneys.com

I’m Facing Foreclosure In Georgia, What Should I do?

Facing a foreclosure is something that you never imagined would happen. For most people, foreclosure is often the result of circumstances beyond their control, such as a loss of a job or an unexpected illness. One solution may be to sell the property before the date of the foreclosure sale. This can be hard to do given the time constraints of a foreclosure. If you want to keep your home and find a way to get caught up on your payments, there is another solution.

You can stop home foreclosure and keep your home by filing a Chapter 13 bankruptcy. King and King bankruptcy attorneys can advise you on whether you should file for bankruptcy, and whether Chapter 13 or Chapter 7 bankruptcy is right for you.

Foreclosures under Chapter 13 Bankruptcy let you pay late payments over the length of a repayment plan, usually three to five years. The benefit of filing for Chapter 13 bankruptcy is that you get to keep your home and get current on the mortgage over time.

Chapter 13 bankruptcy can also eliminate the payments on your second or third mortgage altogether. Your attorney can help you file so the court may “strip off” the second and third mortgages and re-categorize them as unsecured debt. Under Chapter 13, unsecured debt takes last priority and often does not have to be paid back at all.

To find out more about how bankruptcy can help you stay in your home and get your financial life back on track, call King and King for a free consultation at 404-524-6400 or visit us at www.kingandkingattorneys.com

What Are The Benefits of Filing for Bankruptcy In Georgia?

Are you concerned how filing for bankruptcy will affect your future?  If so you are not alone. Falling behind on your financial obligations can leave you feeling confused, angry and helpless. Whether you have lost your job, experienced an increase in your mortgage rate or are unable to work due to injury, bankruptcy can put your financial situation back on track.

 Below are some of the benefits to filing for bankruptcy in Georgia:

• Filing for bankruptcy will put an end to creditor harassment.  After you have filed for bankruptcy your creditors will not be able to contact you anymore.  In fact, after you have filed for bankruptcy you will never have to make direct contact with your creditors again.

• Filing for bankruptcy can stop foreclosure.  If you are facing foreclosure, you should speak with Mike about filing for Chapter 13 bankruptcy.  After filing for Chapter 13, an “Automatic Stay” will come into effect that will halt the foreclosure process.

• Filing for bankruptcy will put an end to wage garnishments.

• Filing for bankruptcy will put an end to repossessions.

• Filing for bankruptcy will eliminate the stress, anxiety, and frustration that have been weighing you down.

But perhaps the number one benefit of bankruptcy is the fresh financial start you’ll be given.  After so much time spent worrying how you will pay back your debt, you can finally move forward with a clean slate.

The attorneys at King and King understand how difficult it can be to deal with overwhelming debt. Fortunately, we also understand the options you have available to you to end your debt woes.

Call us today for a free consultation at 404-524-6400 or visit us online at www.kingandkingattorneys.com

Can Filing Bankruptcy In Georgia Protect Your Home?

Like many states in the U.S. foreclosures have impacted the lives of thousands in Georgia. If you are currently facing foreclosure proceedings or if foreclosure is imminent, King and King wants you to know that there are actions you can take to stop foreclosure and protect your home. By working with our experienced and compassionate Georgia bankruptcy lawyers, you can receive the support you deserve and the assistance you need to navigate through these difficult times.

Bankruptcy is a powerful tool in defending against foreclosure. One of the most important elements of foreclosure defense is the automatic stay. The automatic stay is issued immediately after you file with the bankruptcy court. Providing you with bankruptcy protection, the automatic stay orders all collection activities against you to stop. This means that all foreclosure proceedings will also cease while your bankruptcy is pending.

Using the time afforded by the automatic stay can be invaluable in allowing you to organize your finances. It may also permit the time you need to reach loan modifications with your mortgage lender and to negotiate more manageable and feasible mortgage terms. Payment plans reached in Chapter 13 proceedings can also potentially allow homeowners to make up missed payments and keep their property. Bankruptcy can also be used to completely strip second mortgages.

Time is a factor in foreclosure cases; call King and King today and schedule a free case evaluation so we can explore your foreclosure defense options. Work with experienced attorneys who really care about clients. Contact King and King today at 404-524-6400 or visit us online at www.kingandkingattorneys.com

Can I Keep My House If I File For Bankruptcy In Georgia?

Many of our clients are concerned about how filing bankruptcy will affect their home. The good news is filing bankruptcy may be the best way to save your home, especially if you are facing foreclosure. Filing bankruptcy can also help you save the equity in your home if you want to sell it in the future.

Below is a brief summary of how filing bankruptcy can help save your home.

Most importantly, as long as you continue to make payments on your home, it is generally protected under bankruptcy exemptions in Georgia.

If you are behind on your mortgage payments, filing bankruptcy will put an immediate stop to a home foreclosure. You will still need to get caught up on your payments. Filing Chapter 13 bankruptcy allows you to put your mortgage arrearages into your payment plan and pay it off over a three-to five-year period. By eliminating or reducing other forms of debt such as credit card bills, you will find it easier to keep up with your house payments after filing bankruptcy.

If you want to sell your home and protect the profits, you may be able to do so when you file Chapter 13 bankruptcy. You may be allowed to protect all profits (up to certain exemptions, your attorney can assist you). You will need approval from the Chapter 13 Bankruptcy Court before you can sell your home.

For more information about whether you can keep your home after filing bankruptcy, contact the attorneys at King and King. Call us at 404-524-6400 for a free consultation or visit us online at www.kingandkingattorneys.com

Will I Lose My Home or Car if I File for Bankruptcy In Georgia?

This is often the first question that comes up during one of our free consultations.

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.

Bankruptcy Can Protect Your Assets

Bankruptcy is helpful; its goal is to provide those who file with a fresh financial start, not to take everything in the process. That’s why Georgia has specific bankruptcy laws to help protect a consumer’s assets during the bankruptcy process. The attorneys at King and King can help you protect your assets and emerge from bankruptcy with many or even all of your assets intact.

Georgia Bankruptcy Exemptions

Georgia allows you to choose either state or federal bankruptcy exemptions depending on your filing status. Our experienced bankruptcy attorneys will help you determine which property and assets you may be able to claim and maximize your exemptions. Your qualified exemptions may include property such as:

·         Real Estate

·         Personal property (including household goods, clothing, vehicles, and more)

·         Wages, pension, and public benefits

·         Trade tools

Regardless of whether you are filing for Chapter 7 or Chapter 13 bankruptcy, bankruptcy laws entitle you to certain exemptions. We will work together to ensure accuracy in your bankruptcy forms as we offer you valuable legal advice and handle all complex issues, including assisting you with your bankruptcy exemptions.

Protecting Your Assets During Bankruptcy

In a Chapter 7 bankruptcy non-exempt assets may be sold and used to pay debt. However, most of our clients filing for Chapter 7 bankruptcy lose little or nothing throughout the process.

Filing Chapter 13 bankruptcy, may stop a foreclosure or repossession and allow you to catch up on missed payments, it also creates a repayment plan for other debts. Most clients who file Chapter 13 bankruptcy keep all of their property.

Every case is unique. Seeking legal advice in order to get the most accurate answers to your questions about bankruptcy is the first step. If your ready to learn more about how we can help you protect your personal property, or if you’d like to find out what you can keep during bankruptcy, contact King and King today for a free initial consultation 404-524-6400 or www.kingandkingattorneys.com

What Should You Expect From A Free Bankruptcy Consultation?

If you find yourself in a difficult financial situation in Georgia, and are looking for bankruptcy information, contact the bankruptcy attorneys at King and King with three offices in the Atlanta area for a no-cost, no-obligation evaluation. We’ll take the time to talk with you, look closely at your situation, and give you informed legal advice about the steps you can take to get back on track.

Your Bankruptcy Questions Answered

Whether or not to file bankruptcy is a question that should not be decided in a hurry. We know you have a lot of questions about the bankruptcy process—and in some cases you may not even know what questions you should be asking. Fortunately, our bankruptcy attorneys will give you all the bankruptcy information you need. Some of the most common questions are:

What are the benefits and risks of bankruptcy?

Which type of bankruptcy should I file?

Can I avoid home foreclosure or auto repossession?

How can I protect my family?

How long does it take to file bankruptcy?

Do I really need a bankruptcy attorney?

What are the specifics of Georgia’s bankruptcy laws?

How will filing bankruptcy affect my credit score?

Our goal is to make sure you have all the bankruptcy information you need to make an informed decision about whether or not to file bankruptcy.

Don’t let the uncertainty and worry of serious debt control your life any longer. Contact the bankruptcy attorneys of King and King today at 404-524-6400 or visit us online at www.kingandkingattorneys.com

Can Home Foreclosure in Georgia Be Stopped?

If you are facing foreclosure in Georgia, Bankruptcy is an option to prevent your home from being foreclosed upon. Filing for bankruptcy stops the foreclosure on your home by an “automatic stay” which will also stop most collection efforts against you. The taxing authority, a homeowners association, or your mortgage lender must cease their foreclosure actions immediately. Then you will have some time to decide what to do.

Filing a Chapter 13 Bankruptcy will stop foreclosure and can allow you to repay your past due payments over 3 to 5 years. Chapter 13 is a debt relief option that can not only stop foreclosure and allow you to save your home, but can also allow you to keep your other property while repaying your debts or in many cases reducing them drastically. Stopping foreclosure is a main reason people file for Chapter 13 bankruptcy. So, if you are eligible, Chapter 13 can stop foreclosure on your home.

If your lender is threatening foreclosure or has initiated foreclosure proceedings, contact King and King right away. You cannot save your home once the foreclosure sale is complete.  Unless you've recently filed a previous bankruptcy case, Chapter 13 will most always stop the foreclosure. If you’re like most people in Georgia, your home is your biggest investment. So when you are facing a foreclosure and the prospect of losing your home, you risk losing your biggest investment. Don’t wait until the day before the foreclosure sale to do something or it may be too late.

At King and King we have been helping people throughout Georgia stop foreclosure with Chapter 13 Bankruptcy, and we may be able to help you. Call us today for a free consultation at 404-524-6400 or visit us at www.kingandkingattorneys.com for more information.

Should I Consider Bankruptcy As An Option?

If you are behind on your bills, facing foreclosure, repossession or other financial difficulties in Georgia, bankruptcy can be a possible solution to your situation.

Bankruptcy might provide you with the right solution if:

• You are facing foreclosure on your home
• Your car or other property is in danger of being repossessed
• You are having trouble making credit card payments
• You lost your job
• You have incurred large medical bills
• You are receiving harassing calls from creditors
• Your wages are being garnished

Whether you want to learn more about the bankruptcy process or you are ready to take the next step, our lawyers can help. They’ll meet with you at no charge for an initial consultation, and then recommend the best course of action. King and King is sympathetic to your problems, and we know how to help you solve them. Call us at 404-524-6400 or visit us online at www.kingandkingattorneys.com.

Will Chapter 7 Bankruptcy Get Rid Of My Debt?

Chapter 7 Bankruptcy is the most common form of filing in the state of Georgia. Chapter 7 is frequently referred to as a "fresh start." It is relatively quick and allows you to discharge your debt to allow you to start again with a clean slate. 

Chapter 7 Bankruptcy cases can remove debts for the following:

· Credit Card Debts

· Medical Bills

· Lawsuits for injuries caused while driving uninsured

· Debts following evictions and/or repossessions

· Lawsuits for breach of contract

· Small or moderate NSF checks

· Garnishments

· Most business debts

Chapter 7 bankruptcy may not discharge some of the following debts; your attorney will help you to understand where you stand.

· Child Support

· Student Loans

· Some Criminal Fines

· Some Taxes

· Debts incurred fraudulently



When your bankruptcy is accepted by the court, your dischargeable debts are wiped clean and you are awarded a clean slate to start anew. Call King and King at 404-524-6400 for a free consultation today or visit us online at www.kingandkingattorneys.com.

Do I Qualify For Bankruptcy in Georgia?

Chapter 7 bankruptcy wipes out most, if not all of your debt, leaving you with a clean slate.  In order to qualify for chapter 7 bankruptcy, you must pass a "means test."  The test analyzes your income over the previous six calendar months and projects an annual income. The means test is very tricky; talk to an experienced bankruptcy attorney to find out if you qualify.  

Chapter 13 bankruptcy allows you to pay back your debt over time. In order to qualify for a Chapter 13 bankruptcy, you will need to meet two general income requirements. First, you must have a regular source of income. Second, you must have sufficient disposable income. Basically you must have at some income left over to pay to creditors after you subtract your living expenses from your monthly income. Chapter 13 bankruptcy often provides much greater protection to debtors who own significant assets or have income that would not be exempt in a Chapter 7. Most people filing for Chapter 13 bankruptcy are trying to protect a secured debt from being foreclosed or repossessed, such as a home or a car.

King and 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 for a free, confidential consultation to discuss your options or visit us at www.kingandkingattorneys.com.

What Are Some Common Bankruptcy Exemptions?

King and King bankruptcy attorneys in Atlanta will use Georgia state law to protect your personal property. Listed below are some of the most common types of exemptions that our bankruptcy attorneys will use to help you keep your personal possessions.

Our attorneys want you to consider these exemptions as you're contemplating whether or not to file Chapter 7 or Chapter 13. Our bankruptcy attorneys will provide you with a consultation to explain how each could or could not apply to your particular case. In addition, our bankruptcy attorneys may also be able to use other bankruptcy exemptions that do not appear on this list.

Motor Vehicle Exemption -- Your bankruptcy attorneys will use this exemption to protect motor vehicles listed in your bankruptcy.

Home Exemption -- This exemption can be used to protect the equity in your home and its improvements, your land, and/or your mobile home.

Household Goods Exemption -- This exemption allows your bankruptcy lawyers to protect your interest in your valued household goods, appliances, furniture, and home and yard equipment.

Life Insurance Proceeds Exemption -- This exemption can be used to protect a payment under a life insurance contract that insured the life of an individual of whom you were a dependent, to the extent reasonably necessary for your support or the support of your dependent(s).

Retirement Plan Exemption -- Your lawyers can prevent creditors from touching the proceeds of your hard-earned retirement plan.

Professional Tools of the Trade -- This is a useful exemption that can be used to protect the tools you use in your profession.

Wildcard Exemption -- The "wildcard" exemption permits you to protect your property not covered by any of the other exemptions.

These are just a few of the exemptions that will put you back in the black after your bankruptcy. Call the experienced lawyers of King and King today for a free consultation. 404-524-6400 or visit www.kingandkingattorneys.com

Will I Lose My House, Car, or Belongings When I File Bankruptcy in Georgia?

The bankruptcy process is designed to help people keep as much of their property as possible. The basic idea in a chapter 7 bankruptcy is to wipe out your debts in exchange for your giving up property, except for “exempt” property which the law allows you to keep. In most cases, all of your property will be exempt.

In determining whether property is exempt, you must keep a few things in mind. The value of property is determined not by the amount you paid for it, but by what it is worth now. Especially for furniture and cars, this may be a lot less than what you paid or what it would cost to buy a replacement. Your bankruptcy attorney can discuss with you in further detail what Georgia law allows for exemptions.

Bankruptcy can help you keep your home. Chapter 13 bankruptcy gives you a three to five year period in which you are allowed to catch up on mortgage payments if you have fallen behind. Chapter 7 bankruptcy may give you the protection of the Court to catch up on payments or to make arrangements with the bank.

Bankruptcy is designed to give you a fresh start.

The lawyers at King and King can help. Call us today for a free consultation at 404-524-6400 or visit us at www.kingandkingattorneys.com for more information.

Will I Need To Notify My Creditors That I’ve Filed For Bankruptcy?

One of the many benefits of working with an experienced bankruptcy attorney is we take care of notifying your creditors for you. After we file your bankruptcy, the bankruptcy court sends an official notice to your creditors informing them of your bankruptcy.

Your creditors have until 60 days after the date first set for your meeting with the trustee to file a motion objecting to the discharge of your debt.

Usually no objections are filed and we can proceed through bankruptcy. If a creditor does file an objection, we can help you decide what to do next.

One of the most important benefits of filing for bankruptcy comes at the moment you file. An automatic stay goes into effect. That means that collection actions against you or your property, including repossessions, garnishments, and foreclosure actions, immediately stop. As long as the stay is in effect, creditors cannot initiate or continue lawsuits, wage garnishments, or even call you on the phone to demand payment.

Don’t wait any longer for the fresh start you deserve. At King and King, we can help you get back on track to a healthy financial future and handle your creditors for you. Call us today at 404-524-6400 for a free consultation or visit us at www.kingandkingattorneys.com.