Morgan County, GA Bankruptcy & Debt Lawyers

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Chuck Douglas
About | Practice Areas
Wakhisi-Douglas LLC
2002 Summit Boulevard Suite 300 Atlanta, GA 30319» view map
Bankruptcy & Debt
We Fight Back and Win in Court

We’ve won hundreds of cases, and we’ve developed a reputation for resolving complex disputes favorably for our clients.

800-978-8941
1. Chuck Douglas Atlanta, GA
  Attorney at Law- GA
  Georgia State University College of Law, J.D. 2009
2. AboutWakhisi-Douglas LLC
  We Fight Back and Win in Court
3. Practice AreasExpertise
  Bankruptcy & Debt
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Brad J. Evans

Traffic, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 21 Years

FREE CONSULTATION

CONTACT

271 West Washington Street, Madison, GA 30650

Lee Mccullough Abney

Commercial Real Estate, Real Estate, Corporate

Status: In Good Standing Licensed: 24 Years

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126 E. Washington Street, Madison, GA 30650

Benjamin Durant Fierman

Family Law, Civil Rights

Status: In Good Standing Licensed: 9 Years

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296 N Main St, Madison, GA 30650

Stephen Russell Morris

Military, Divorce, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 13 Years

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Madison, GA 30650

C. Wilson DuBose

Construction, Lawsuit & Dispute, Estate, Accident & Injury

Status: In Good Standing Licensed: 50 Years

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285 N. Main Street, Madison, GA 30650

Martin L. Fierman

Other, Federal Trial Practice, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 57 Years

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296 N Main Street, Madison, GA 30650

Guy J. Notte

Criminal, Accident & Injury

Status: In Good Standing

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271 West Washington Street, Madison, GA 30650

Tiffany Jones Ellenberg

Family Law, Criminal, Insurance, Business

Status: In Good Standing Licensed: 26 Years

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204 Thomason Street, Madison, GA 30650

Lee Richard Moss

Government Agencies, Estate, Children's Rights, Contract

Status: In Good Standing Licensed: 23 Years

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288 South Main Street, Madison, GA 30650

M. Joseph Reitman

Accident & Injury, Car Accident, Personal Injury, Employment

Status: In Good Standing Licensed: 33 Years

CONTACT

126 E. Washington Street, Madison, GA 30650

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LEGAL TERMS

LIQUIDATING PARTNER

The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

FDCPA

See Fair Debt Collections & Practices Act.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

SECURED DEBT

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collater... (more...)

A debt on which a creditor has a lien. The creditor can institute a foreclosure or repossession to take the property identified by the lien, called the collateral, to satisfy the debt if you default. Compare unsecured debt.

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working fo... (more...)

A federal law that outlaws unfair debt collection practices, including lying, harassing, misleading and otherwise abusing debtors, by debt collectors working for collection agencies. The law does not apply to creditors collecting their own debts. This law has greatly improved conditions for debtors, although more than a few debt collectors ignore the law. If a collection agency violates the law, debtors can contact the Federal Trade Commission for help.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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Morgan County, GA Bankruptcy & Debt Lawyers

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Brad J. Evans

Lee Mccullough Abney

Benjamin Durant Fierman

Stephen Russell Morris

C. Wilson DuBose

Martin L. Fierman

Guy J. Notte

Tiffany Jones Ellenberg

Lee Richard Moss

M. Joseph Reitman

TIPS

LEGAL TERMS

LIQUIDATING PARTNER

REDEMPTION

FDCPA

BULK SALES LAW

S CORPORATION

SECURED DEBT

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

401(K) PLAN

DEFINED CONTRIBUTION PLAN

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