Gainesville Debt Relief Attorney
Being in debt is no fun. It is stressful, frightening and leaves many Georgians awake at night wondering how they will pay tomorrow's bills.
If you are deeply in debt, you know you need to lighten your debt burden. But how? If you've exhausted your other options, you may want to consider filing for Georgia bankruptcy. It could allow you to have a fresh financial start while keeping as many of your assets as possible.
At David Wallace and Associates, P.C., in Dawsonville, Georgia, we understand the fear and uncertainty that individuals, families and business owners in northeast Georgia can feel when burdened by crushing debts. We help them regain financial independence and dignity by working to have their debts restructured or forgiven through a Georgia bankruptcy.
For more information about how our law firm can help you, call our attorney today at 423-709-8724 or 866-582-5850 toll free.
Attorney for Filing Chapter 7 Bankruptcy | Consumer Debt Relief
A Chapter 7 bankruptcy can eliminate your debts quickly and with a minimum of fuss. With it, you can eliminate or erase:
- Credit card debt and other unsecured consumer debts
- Most loans and other secured debts
- Home foreclosure debts
- Medical debts
- Divorce-related debts
- Some IRS tax debts
- Lawsuit judgments
- Lease and contract debts
- Garnishments
Once you file for Chapter 7 bankruptcy, a bankruptcy court will grant an "automatic stay" that immediately halts all debt collections against you, including wage garnishments. From then until your bankruptcy case is discharged, creditors will be prohibited from harassing you about unpaid bills.
You may also buy time to restructure your mortgage payments or find another place to live.
Many Assets Are Exempt | Dahlonega Chapter 7 Bankruptcy Attorney
Georgia law allows people who file for bankruptcy to keep certain "exempt" assets, including a home, vehicle, "tools of the trade" that you use for work, and certain retirement savings. Other exempt items may include household goods and furnishings, Social Security benefits, unemployment compensation, alimony and child support benefits, and personal injury judgments.
Chapter 7 is often the best choice for people who are over their heads in debt, because it permanently liquidates most debts while requiring filers to surrender certain assets and property for sale to creditors.
Although declaring Chapter 7 bankruptcy will initially dent your credit score, you can start rebuilding your credit almost immediately after your bankruptcy filing is approved.
Free Consultation | Northeast Atlanta Chapter 7 Bankruptcy Lawyer | 706-410-1439
At David Wallace and Associates, P.C., we offer free initial consultations to our clients. To discuss your circumstances with an experienced Georgia bankruptcy lawyer, call us today at 706-410-1439 or 877-269-5688 toll free. You may also contact us online.
Let us lift your legal burden so you can get on with your life.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
