Bankruptcy Options in Athens Georgia

Bankruptcy Options in Athens Georgia

If you have exhausted all options of repaying your debts, then the only option left is to file for bankruptcy. Bankruptcy is a legal procedure for dealing with the debt problems of individuals and businesses and discharges financial obligations. This procedure is majority of cases are filed under the two main chapters of the Bankruptcy Code, which are Chapter 7 and Chapter 13.
Filing of the bankruptcy petition brings into effect an automatic stay against your creditors from trying to collect the debt from you. The stay remains in effective till your case is over – either you are discharged or your discharged is denied or you withdraw your case. Sometimes, the court may on request of a creditor release the stay. In Chapter 7, the stay generally continues till discharge while in Chapter 13 the stay generally continues till completion of the payment plan.
If they indulge in any of these activities, then they are liable for damages. To avoid problems, make sure you give notice of your bankruptcy filing to all your creditors so that they become aware of the stay. This stay will not protect you against:
• criminal proceedings
• family support obligations
• losing a license
• creditors collecting from property that is not part of your estate
• the interception of a tax refund
• tax audits, being given notice of tax deficiency, demands for tax returns, or demands for payment of taxes (this only works on taxes that are not discharged)
We are based in Athens, GA (Georgia). We can help you file for bankruptcy if you are located in Athens, Watkinsville, Carnesville, Elberton, Homer, Jefferson, Danielsville, Lexington, Hartwell, Winder, and Clarke County, Oconee County, Elbert County, Franklin County, Banks County, Jackson County, Madison County, Hart County, Barrow County and Oglethorpe County, Piedmont Judicial Circuit, Northern Judicial Circuit and Athens-Clarke County.
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Athens Georgia bankruptcy lawyer | Bankruptcy attorneys in Athens GA and Athens-Clarke County - Filing for Chapter 7 Bankruptcy and Chapter 13 Bankruptcy