BANKRUPTCY
 
 
 
 
(770) 271-4780
Bankruptcy is one of the many tools our attorneys can use to help you re-establish firm financial footing while protecting your assets from creditors. Filing bankruptcy can immediately stop the foreclosure process allowing you additional time to regroup financially. The bankruptcy laws are designed for the protection of the consumer. Bankruptcy permits borrowers, who have become overextended financially, the ability to restructure their debts in order to give them a fresh start.

Bankruptcy immediately stops the collection process, prevents wage garnishments and prevents property from being repossessed or foreclosed. Once a social stigma, bankruptcy is now an accepted practice for indebted individuals to lessen their financial burden. Events within your control and ones that you have no ability to control may have caused or contributed to your financial hardships. Our attorneys specialize in protecting your legal rights and your personal property.
What are my legal options?

Bankruptcy laws are for the protection of the consumer. Bankruptcy allows borrowers a method to restructure their debts and provides them a fresh start. Two types of bankruptcy for individuals are Chapter 7 bankruptcy and Chapter 13 bankruptcy.

Chapter 7 bankruptcy allows financially overextended borrowers to legally eliminate the majority of their debts in as little as 90 days. These debts include credit cards, judgments and many others. Chapter 13 bankruptcy allows borrowers to erase unsecured debts while at the same time modifying other debts that the borrowers may want to keep paying. In Chapter 13 bankruptcy the judge helps borrowers facing foreclosure to modify their mortgage loan and save their home.

Benefits of Bankruptcy
Benefit 1 - Repossessions, foreclosures and lawsuits are immediately stopped. Creditors' telephone calls and debt collection ceases.

Benefit 2 - Most debts are eliminated including unsecured debt, credit card debt, medical debts and many others.

Benefit 3 - In many cases you can keep your property & can modify the terms of your loan which can make it more affordable.

Benefit 4 - Repayment plans can allow you to pay back your loans with better terms over a longer period of time.


"Bankruptcy can immediately stop the foreclosure process and give you a fresh start financially."