Filing for bankruptcy is a big decision, but it could be the right one for you. Bankruptcy releases you from both your secured and unsecured debts while allowing you to start afresh. It’s not just a solution for people who are bankrupt as it can also help those who are struggling with their finances.
Bankruptcy attorneys in Atlanta can help you through your financial situation and protect your assets. It can be difficult to decide what you need to do when you’re struggling with debt, and understanding bankruptcy is a good first step.
Contact the Cherny Law Firm for a free consultation. Reputable Atlanta bankruptcy attorneys can review your options, discuss attorney fees, answer any questions you have, and work with you every step of the way.
What Does a Bankruptcy Lawyer Do?
Bankruptcy lawyers are legal professionals knowledgeable of the bankruptcy code who can provide advice, represent clients in court, and help people file for bankruptcy.
Bankruptcy law firms typically represent those who cannot pay their debts. They help them get out of debt by filing for bankruptcy, which will allow them to discharge all or some of the debt they owe, potentially leading to a fresh start.
The process of filing for bankruptcy can be complicated and require a lot of time and money. It is important to hire a competent bankruptcy attorney who will ensure that the process is as smooth as possible.
What Should You Expect From Your Bankruptcy Lawyer?
A bankruptcy lawyer can provide you with various legal services related to the bankruptcy code. You may choose to hire one if you are considering filing for bankruptcy or if you have already filed for bankruptcy and need help with various aspects of the process.
The first step in finding the right lawyer for your needs is to research their qualifications, experience, and business law practice areas. Schedule an office visit to receive a free consultation. Hiring a bankruptcy lawyer can be expensive so it is important that they are qualified and experienced in dealing with bankruptcy cases to provide you with the best service possible.
What Does a Bankruptcy Lawyer in Atlanta Georgia Provide?
A bankruptcy lawyer in Atlanta, Georgia provides advice and counsel to individuals who are struggling with debts. People who are overwhelmed by many debts typically experienced or had a combined experience of the following:
- Credit card debt
- High medical bills
- Job loss
- Legal issue
- Personal injury case
The lawyer will help the client file for bankruptcy, which is a court procedure that allows the individual to get rid of their debt. Bankruptcy lawyers can also assist with debt settlement and other collection matters.
Types of Bankruptcy in Atlanta
Atlanta bankruptcy clients can obtain valuable information about which type of bankruptcy would most benefit them from qualified law offices. There are three types of bankruptcy in Georgia.
- Chapter 7 bankruptcy is used when a person’s debts are too high and they have no place to live.
- Chapter 11 bankruptcy is used when a business has too much debt that cannot be paid off.
- Chapter 13 bankruptcy is used when the person or business wants to pay its debts over time with a court-approved payment plan.
When a company goes bankrupt, it’s the last resort. It’s a necessary step for them to regain control of their finances and get back on their feet again. Bankruptcy is not an opportunity to illegally hide from creditors; instead, it forces the company to disclose all of its assets and debts.
How Much Does It Cost to File Bankruptcy in Atlanta?
Filing for bankruptcy can be a complicated and costly process. However, fees vary from one state to another so it is important to know the law in your area. In Atlanta, Georgia, filing for Chapter 7 bankruptcy generally costs more than filing for Chapter 13 bankruptcy. The Cherny Law Firm offers a free consultation to new clients to discuss your case and specific needs.
A Chapter 13 Bankruptcy Law Firm in Atlanta
Chapter 13 bankruptcy is a type of bankruptcy that allows the debtor to keep their property. It can be filed by an individual or a married couple and it is available in every state.
Chapter 13 bankruptcy is filed by individuals, married couples, and businesses who have a regular income. It provides debtors with protection from foreclosure, repossession, and garnishment as well as helps them to catch up on past-due payments over time.
How to Find a Bankruptcy Attorney?
If you’re in debt and struggling to get by, you may be considering bankruptcy as a way to relieve yourself of that burden. Many factors come into play when considering whether or not bankruptcy is right for you. The most important is the amount of debt you have. The higher your amount, then the more likely it is that bankruptcy will be right for you.
What to Ask Your Bankruptcy Attorneys
When facing bankruptcy, it is important to know exactly what to ask your attorney. You will want to know the difference between Chapter 7 and Chapter 13, how long the process takes, how much you can expect to pay for an attorney’s fees and whether it is possible to file for bankruptcy again.
Do I Need a Lawyer to File Bankruptcy?
Bankruptcy is a legal process to get rid of all your debts and start over. It allows you to repay some of your debts while others are forgiven and discharged. You can file bankruptcy on your own, but consulting with a bankruptcy lawyer before filing is always a good idea.
Hiring an Atlanta bankruptcy attorney is a vital first step when considering filing a bankruptcy case as a method to eliminate debt. They offer legal assistance to provide a fresh start to Georgia residents dealing with high medical bills or credit card debt without being subjected to wage garnishment.
Contact the Cherny Law Firm for a free initial consultation so you can begin building a solid attorney-client relationship with an experienced law firm in the Atlanta area.