Bankruptcy WITH NEAR LAW FIRM

Protect your money with the help of a bankruptcy attorney. With Chapter 7 Bankruptcy, you can keep your home and car while halting wage and bank garnishments. Say goodbye to creditor harassment and stop collection litigation and lawsuits by seeking effective debt relief solutions.

Income or Work Reduction can lead to significant financial strain, often necessitating the assistance of a bankruptcy attorney. Business insolvency, personal or family difficulties, and crushing credit card bills may push individuals to consider Chapter 7 Bankruptcy as a viable solution for debt relief. Additionally, overwhelming medical bills and expenses, outstanding federal tax liability, and litigation judgments can compound these issues, making it crucial to seek professional help. Other financial stresses might also warrant exploring bankruptcy options.

If you are facing a difficult financial situation, there are multiple debt relief options available to stop your creditors. Near Law Firm can effectively help alleviate the stress and anxiety associated with foreclosure, repossession, garnishment, litigation, and other forms of creditor harassment. Our experienced bankruptcy attorneys specialize in both business and personal debt relief through Chapter 7 Bankruptcy and other means. We offer free consultations because financial problems typically do not improve over time. If you're struggling with debt or tax issues, we can assist you. Give us a call now or reach out online.

Credit card debt, medical debt, and business debt can all lead individuals to consider consulting a bankruptcy attorney. Strategies such as Chapter 7 Bankruptcy may offer essential debt relief in cases of wage garnishments, repossession attempts, and foreclosures.

Your Home, Your Car, Your Wages, Your Savings, Your Investments, Your Retirement – all aspects that are crucial when considering if you need a bankruptcy attorney. If you're facing overwhelming debt, exploring Chapter 7 Bankruptcy may offer the debt relief you need to regain control of your financial future.

This is what most people think of when considering Chapter 7 bankruptcy. In this process, debt is wiped out by Court Order, allowing you to avoid repayment. Generally, individuals must "qualify" based on their household income and expenses to file for Chapter 7, but this is usually not a barrier for most people. Chapter 7 bankruptcy is utilized by individuals or entities, such as partnerships, corporations, or LLCs, who find themselves with no viable option to repair their financial situation.

Chapter 7 bankruptcy is designed to provide you with a personal "Fresh Start" by eliminating unsecured debt and freeing you from undesirable contracts, including mortgages, finance agreements, guaranties, and leases. You can maintain beneficial debt while eliminating harmful obligations. The law may allow you to keep most, if not all, of your property, although the trustee may sell other assets to pay creditors. Chapter 7 offers a discharge (or forgiveness) from many debts, but not all. It’s advisable to consult a bankruptcy attorney for specific details.

Typically, secured debts, such as those tied to a mortgage or car payment, can either be reaffirmed or relinquished. If you remain current on your mortgage or car payments, reaffirming the loan will allow you to retain ownership of the property. Conversely, if you choose not to keep the property, surrendering it is an option that can lead to the discharge of the debt. Most individuals with average income seeking debt relief through bankruptcy protection are eligible for Chapter 7 debt elimination. To explore your options, feel free to contact us today for your complimentary consultation.

A Chapter 7 can be filed by either an individual or a married couple in the district where you reside or where your principal assets are located. For our clients in the greater Atlanta area, cases are typically filed in the US Bankruptcy Court for the Northern District of Georgia, Atlanta Division, serving counties such as Cherokee, Clayton, Cobb, DeKalb, Douglas, Fulton, Gwinnett, Henry, Newton, and Rockdale. I am also authorized and have experience handling bankruptcy cases in the outer Rome, Gainesville, and Newnan Divisions of the Northern District. Additionally, I manage cases in the Middle District and have appeared in court in both Macon and Albany for such matters.

The average Chapter 7 bankruptcy case lasts approximately 4 months from initiation to conclusion. The process begins when I electronically file the case with the US Bankruptcy Court with the click of a button. Within seconds, a case number is generated, and an "Automatic Stay" against collections is enacted. About 30 days after filing, a court hearing known as a "Meeting of Creditors" will occur, which we must attend. This hearing is usually brief, lasting less than ten minutes, and is primarily to verify our filings. Following this hearing, there is a 60-day period during which creditors can raise legal objections to your discharge, though this scenario is rare, as most cases are "no asset" and conclude within 90 days without any objections.

Chapter 13 - This chapter is designed for individuals with a regular income who are struggling with overwhelming debt. To qualify for Chapter 13, there are limits regarding the amount of debt you can have. This option allows the debtor to file a repayment plan lasting up to five (5) years, during which the debtor agrees to allocate a portion of their future income to a court-appointed trustee. This trustee will then begin distributing payments to creditors after the repayment plan receives court approval. It's crucial to start making payments within thirty days of initiating the case. If you're exploring debt relief options, consult a bankruptcy attorney to understand how Chapter 7 Bankruptcy or Chapter 13 may benefit your situation.

As a bankruptcy attorney, I have personally helped hundreds of clients achieve their financial reorganization goals through defensive litigation and Chapter 7 bankruptcy for effective debt relief. Hopefully, I can assist you in reaching your goals as well.

Take the opportunity to reach out to Near Law Firm for a free consultation about your personal or business bankruptcy. Our dedicated team ensures that a bankruptcy attorney will answer your call whenever possible. If we are temporarily unavailable, we promise to return your call as quickly as we can. Whether you're seeking answers to your questions or want to discuss your Chapter 7 bankruptcy options for effective debt relief, I would love to hear from you. You can easily contact me via email or phone, and remember, the call and initial consultation are free.

After retaining our bankruptcy attorney at Near Law Firm in Peachtree Corners, our clients seeking debt relief through Chapter 7 Bankruptcy can take the online Consumer Credit Counseling and Debtor Education classes here: