Bankruptcy Lawyers Serving Henry, Fayette, Clayton, Coweta, Douglas, Cobb, Gwinnett, Dekalb, Cherokee, and Surrounding Areas.
CALL TODAY FOR A FREE CONSULTATION!
There's Light At The End Of The Tunnel And Bankruptcy May Be The Answer.
If you've been searching online for a "bankruptcy attorney near me" you've come to the right place. At The Graham Firm, we understand that if you are considering bankruptcy, you are probably facing unmanageable emotional and financial stress. Our bankruptcy attorneys in Atlanta, GA can help!
We Can Help You Eliminate Debt And Put An End To Harassing Phone Calls, Emails, And Letters From Creditors.
- FREE CONFIDENTIAL BANKRUPTCY CONSULTATION
- AFFORDABLE PAYMENT PLANS
- CHAPTER 7 & CHAPTER 13
- SPEAK DIRECTLY WITH AN ATTORNEY!
Should You File For Bankruptcy?
Bankruptcy will affect your credit score in the short term, but so will late and delinquent accounts. Once you petition, accounts in delinquent status will be changed to discharged. Depending on what your credit report looked like before bankruptcy, your score may go up.
People with high credit scores who go through bankruptcy usually see the biggest credit score dip, while people with lower scores may see their score stay around the same or go up slightly. Eventually, the bankruptcy will come off your credit report, and your score will be much higher (as long as you are responsible with payments and credit in the future).
What Are The Different Types Of Bankruptcy?
If you are considering filing for bankruptcy, you will have two options:
Chapter 7 Bankruptcy:
This is known as Liquidation. In a Chapter 7 Bankruptcy, debts are wiped out, but certain assets may be sold off to settle debts with your creditors. You will get to keep exempt property like your car (up to a modest value), reasonably necessary clothing, household appliances, jewelry (up to a modest value). Non-exempt property that may be sold or given up includes cash and stock accounts, second cars, second homes, collections of valuable items like stamps and coins, and musical instruments.
Chapter 13 Bankruptcy:
This is officially known as "adjustment of debts of an individual with regular income". Debts are reorganized, and debtors can keep property and catch up on missed mortgage and car payments, allowing you to stop repossession, stop wage garnishments, and stop foreclosure.
You agree to a court-authorized repayment plan of your debts over three to five years.
We can help you determine which option is right for you, based on your income, employment status, and how much debt you have.
Why Choose The Graham Firm?
At the Graham Firm, we understand that if you are considering bankruptcy, you are facing unmanageable financial stress, and likely emotional stress as well. Our goal with bankruptcy clients is to provide debt relief and an end to the stress from harassing creditors. Once you file for bankruptcy, creditors cannot contact you to collect debts, and you will no longer have to receive phone calls, letters, or harassing emails.
Bankruptcy Lawyers Serving Henry, Fayette, Clayton, Coweta, Douglas, Cobb, Gwinnett, Dekalb, Cherokee, and Surrounding Areas. Call us today for a free consultation (404) 526-9955.
Disclaimer: Information provided on this site is general legal information, not formal legal advice. Do not rely on this content when deciding legal issues or the proper course of action for your case. You should always get a case evaluation that applies to your specific situation from an experienced, licensed attorney.