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

What Are The Advantages Of Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is usually the fastest, least expensive form of bankruptcy.   It comes with many advantages.

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 most of 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 Chapter 13 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.

King and King Can Stop Your Creditors From Calling

Financial problems cause enough anxiety as it is. The last thing you need is harassing phone calls and threatening notices demanding payment. Filing for bankruptcy stops the harassing calls from debt collectors by order of an “automatic stay.” This gives you legal protection and stops the harassing phone calls.

The first thing to do is to consult with one of the attorneys at King and King to decide if filing is the right decision for you.  If so, once you file a petition in bankruptcy seeking Chapter 7 or Chapter 13 relief, the Court will order an “automatic stay.” This order means that all your creditors must stop contacting you immediately. If a creditor continues to call you after your case is filed, they are in violation of the automatic stay, which imposes stiff penalties.  Let us know and we will contact your creditor if necessary. Here are a few things creditors are never allowed to do.

• Harass you by calling in the middle of the night or by calling you over and over.
•  Call your place of work after you have instructed them not to.
• Use obscene or abusive language.
• Pretend to be an attorney, police officer or government official.
• Say that you have committed a crime by not paying a debt.
• Contact or threaten to contact a neighbor, relative or employer about your debt.
• Say that you will be arrested or put in prison.
•  Use threats of harm to you or your family.

Help is Just a Phone Call Away

When you are faced with a difficult financial situation, you need help. King and King can stop the harassing phone calls and put you on the path to financial freedom. Call us today at 404-524-6400 to discuss your options, your consultation is free, or visit us at www.kingandkingattorneys.com for more information.

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.

How Can I Stop My Wage Garnishment?

When your creditors are unable to collect payment of old debts through harassing collection calls and threatening letters, their next step may be a civil lawsuit, or wage garnishment. Difficult times due to a job layoff, divorce, or personal injury can happen to anyone in Georgia. You are not alone. We understand that you did not choose to be in this situation. We are here to help.

If you are unable to pay your bills now and know you will not be able to do so in the future, bankruptcy may be the key to a strong financial future.

Bankruptcy stops most garnishments dead in their tracks.  We may even be able to recover funds garnished up to 90 days before you filed your case.

If your wages are being garnished or you think garnishment is a possibility, then consider getting a fresh start in bankruptcy. Call King and King Bankruptcy Attorneys today at 404-524-6400 for a free consultation or visit us at www.kingandkingattorneys.com for more information.

Can Bankruptcy Save My Car From Repossession?

We know having a car is essential for most people to get to work and earn a living. The good news is filing for bankruptcy will immediately stop an auto lender from repossessing your car.

There are two courses of action that are successful for most King and King clients to not only stop repossession but to also lower car payments. One option is to use a redemption loan in a Chapter 7.  A redemption loan allows you to pay back only the market value of your vehicle, which for many people is much less than what they currently owe on their car loans.  A second option is to file a Chapter 13 and “cram down” your loan: many people can lower both the interest rate (to as low as around 4%) and also only pay back the market value of the vehicle.  This can result in a tremendous savings.

Fortunately, there are several options that can enable you to avoid repossession and keep your vehicle while still obtaining debt relief.

King and King Bankruptcy attorneys can stop repossession immediately and take the actions needed to help you get debt relief. Call 404-524-6400 for a free consultation or visit us at www.kingandkingattorneys.com for more information.

What Happens To Credit Cards In Bankruptcy?

Credit card debt is one of the most common debts Americans have, and most of our clients want to know what will happen to their credit cards in bankruptcy. Most importantly, credit card debt can be discharged in bankruptcy.  Credit card debt is an unsecured debt and unsecured debt has the lowest priority in a personal bankruptcy. Credit card debt is almost always dischargeable in bankruptcy.

It is important to know you can’t leave any credit cards out of your bankruptcy. Bankruptcy is an all in process: all debts need to be listed on your petition.  If you've been using your credit cards close to the time when you file for bankruptcy it may be difficult to discharge that debt, especially if you made a luxury purchase. Tell your bankruptcy lawyer about your recent credit card usage.  Your lawyer can formulate strategies for filing your bankruptcy and getting all of your debts discharged.

Filing for bankruptcy in Georgia will give you federal protection against creditor harassment, wage garnishments, foreclosure, and repossession. If you file a Chapter 13 bankruptcy, credit card companies are also required to accept the terms of your new repayment plan (most cases filed pay 0% to their unsecured creditors).  If you’re ready for a fresh start, call King and King Attorneys in Atlanta today at 404-524-6400 or visit us at www.kingandkingattorneys.com for more information.