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BANKRUPTCY
Call For A Free Consultation 404-593-2720
In this economy, you and your family may be facing hard financial times. Whether you lost your job or fell victim to high interest rate credit cards or home loans, making it difficult to pay back your debts, there are bankruptcy laws available to protect you from creditors’ collections activities, so you can stop worrying and turn over a new leaf.
Bankruptcy can:
• Stop Foreclosure on Your Home
• Stop Garnishment on Your Paycheck
• Stop Harassing Creditor Calls
• Stop All Debt Collection Activity
• Stop Automobile Repossession
• Stop Lawsuits
Davis & Millard, LLC is an Atlanta law firm of bankruptcy attorneys dedicated to assisting people in the Atlanta metro area with moving on from difficult financial situations by filing bankruptcies. We offer free thirty minute consultations with lawyers who will evaluate your situation and come up with a plan to help you out of debt. We will work hard to help you turn over a new leaf and protect your house, your car, your bank account, and your paycheck from creditors. When we meet with you, we can counsel you as to which of the two types of bankruptcy filings, Chapter 13 or Chapter 7, is the best for you.
We are located in the heart of Sandy Springs, but are convenient to cities in the metro Atlanta area, including Roswell, Dunwoody, Tucker, Decatur, and Marietta. Further, if you are unable to make it to our offices, we will make special arrangements to come to you. Call us today for a free consultation!
How Bankruptcy Stops Foreclosure
When your home is under the threat of foreclosure, filing bankruptcy stops the foreclosure by imposing a stay or an order to stop foreclosure procedures initiated by creditors. Whether you file a Chapter 7 or a Chapter 13, you will be have some time to make decisions before the mortgage company actually forecloses on your home. In a Chapter 7, you have the option of catching up on past due payments on your mortgage in order to keep your home. In a Chapter 13, you can consolidate past due payments on your mortgage and other debts into monthly payments and keep you home. Whatever you decide to do, a bankruptcy filing is the beginning of a plan for a better financial future.
How Bankruptcy Stops Garnishment
When a creditor obtains a judgment against you, the creditor may be able to garnish your wages directly through your employer and take up to 25% of your pay check each pay period. Creditors may also be able to garnish your checking and savings accounts directly and take everything in your accounts to satisfy your debts to them. Bankruptcy acts to stop garnishments because creditors cannot make any collections efforts upon the filing of a bankruptcy. Whether you file a Chapter 7 or a Chapter 13, the bankruptcy will stop creditors from draining the money you need to take care of your family.
How Bankruptcy Stops Repossession
When you are behind on your car payments, creditors have the right to repossess your car. Whether the creditor is going to show up unexpectedly at your home or place of employment to take your vehicle is a stressful fear. Filing Chapter 7 bankruptcy can at least temporarily stop repossession so that you can have a plan for how to address your financial situation. Filing Chapter 13 bankruptcy could enable you to consolidate past due payments to automobile creditors and other debts into a monthly payment.
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