Call 770-408-0477 to Speak With an Experienced Georgia Bankruptcy Attorney.
Directed by the federal bankruptcy court system, Bankruptcy is a federal law option that provides debtors burdened with unresolvable debt to seek financial relief. As a legal proceeding, several options can be taken, whether it is to completely remove the debts or to plan a specific solution to repay the debt over time. Debts can be secured or unsecured depending on whether they have collateral attached to them.
However, not all debts are dischargeable. Some of these include student loans, domestic support obligations, child support, alimony, and specific taxes. Others that cannot be claimed for bankruptcy include recent income taxes, payroll tax, domestic support obligations, DUI claims, and any criminal penalties.
There are several types of bankruptcy actions that are available. One is a Chapter 7 bankruptcy, which is essentially liquidating some or all of one’s unsecured debts. Another is a Chapter 13 bankruptcy, which is organizing a payment plan in agreement to a specific time span to the creditors. While these methods are available, individuals should consider out-of-court options such as some form of settlement or negotiation with creditors before filing bankruptcy, which is typically reported as a last resort decision. Once a bankruptcy is filed, the debtor has to follow the legal procedure by preparing documental evidence and appearing in court. Future consequences could also entail a reduction in the debtor’s credit report, which could influence any subsequent borrowing.
Georgia Areas We Serve
Coleman Legal Group, LLC handles cases in the following cities and communities: Atlanta, Alpharetta, Roswell, Johns Creek, Milton, Cumming, Marietta, Woodstock, Kennesaw, Gainseville, Midtown, Norcross, Lawrenceville, Kennesaw, Duluth, Buckhead, Dunwoody, Vinings, and Smyrna.
Coleman Legal Group, LLC’s Georgia lawyers practice in the areas of Divorce, Family Law, Estates, Trusts, Wills Probate, Bankruptcy, Immigration and Business Law. We have offices conveniently located at:
Alpharetta Georgia North Point Park 5755 North Point Parkway Suite 52 Alpharetta, GA 30022 Phone: 770-408-0477 | Map |
Atlanta Georgia |
Dunwoody Sandy Springs 1200 Abernathy Road Building 600 Northpark Town Center Atlanta, GA 30328 Phone: 770-408-0477 | Map |
Cumming Georgia |
Johns Creek Duluth Georgia 11555 Medlock Bridge Rd Suite 100 Johns Creek, GA 30097 Phone: 770-609-1247 | Map |
Duluth Georgia |
Kennesaw Georgia TownPark Center 125 TownPark Drive Suite 300 Kennesaw, GA 30144 Phone: 770-609-1247 | Map |
Atlanta Georgia Office |
Copyright © 2014 | Coleman Legal Group, LLC | All Rights Reserved. Coleman Legal Group, LLC • 5755 North Point Parkway, Suite 52 • Alpharetta, GA 30022 • 770-609-1247 DISCLAIMER: The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.
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