Serving the Metro Atlanta Area

Learn more about complicated bankrupcy laws in Georgia on our Bankruptcy Blog

Bankruptcy Basics

Bankruptcy Protection Against Creditors, Foreclosure, Reposessions

All "chapters" of bankruptcy can stop garnishments, harassing phone calls, collections, foreclosures and lawsuits. This is usually referred to as the "automatic stay". The protections provided by the "automatic stay" are immediate when you file for bankruptcy.

Chapter 7 Bankruptcy

Chapter 7 bankruptcy, also known as "liquidation" is designed for debtors having financial difficulty that do not have the ability to pay their existing debts. It is best suited to those cases in which the majority of debt is unsecured. Debtors can protect certain assets up to a predetermined amount. For more information please see our page on Chapter 7 Bankruptcy.

Chapter 11 Bankruptcy

Chapter 11 bankruptcy, usually referred to as a "reorganization" case, can be filed by companies, or by individuals over the debt limitations of Chapter 13 bankruptcy. The goal is to reduce or eliminate unsecured and unwanted debts while restructuring those debts that are needed for continued operation. For more information please see our page on Chapter 11 Bankruptcy.

Chapter 12 Bankruptcy

Chapter 12 bankruptcy is similar to Chapter 13 bankruptcy, but is designed exclusively for those families earning income from the operation of a family-owned farm or commercial fishing operation. Very few Chapter 12 cases are filed in the metro-Atlanta area.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy, properly known as "reorganization of an individual with regular income" is designed for debtors that have gotten behind on secured debts such as mortgages and car loans. The goal is to resume regular monthly payments and pay the arrearages over time. For more information please see our page on Chapter 13 Bankruptcy.

Click Here To Print Our Basic Intake Form For All Chapters Of Bankruptcy

Pursuant to 11 USC §528, all bankruptcy attorneys have been designated "debt relief agents" and are required to disclose that we help people file for bankruptcy relief under the Bankruptcy Code.

About Your Credit

Chapter 7 bankruptcies will stay on a debtor's credit report for 10 years and a Chapter 13 stays for 7 years. Of course, most credit information remains on a report for 7 years.

You can request a copy of your credit report from the three leading credit reporting agencies.