Buckhead Bankruptcy & Debt Lawyer, Georgia, page 3

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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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Donald Ray Oulsnam

Real Estate, Estate, Business, Credit & Debt

Status: Licensed: 30 Years

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110 South Jefferson Street, Milledgeville, GA 31061

Joel M. Haber

Real Estate, Federal Trial Practice, Business & Trade, Credit & Debt

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2365 Wall Street, Conyers, GA 30013

William Ralph Carlisle

Industry Specialties, Business, Consumer Bankruptcy, Bankruptcy & Debt

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Winder, GA 30680

Terry William Smith

Bankruptcy, Divorce & Family Law

Status: Licensed: 32 Years

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Winder, GA 30680

Robert M. Gardner

International Tax, Criminal, Bankruptcy & Debt, Accident & Injury, Accident & Injury

Status: Licensed: 29 Years

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114 N. Broad Street, Winder, GA 30680

William Rhymer

Government, Elder Law, Bankruptcy

Status: Licensed: 48 Years

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Conyers, GA 30013

J. Bertram Levy

Eminent Domain, Litigation, Civil Rights, Business, Bankruptcy Litigation

Status:

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2060 Mount Paran Road, N.W., Atlanta, GA 30327

Carson Robert Walden

Bankruptcy

Status: Licensed: 13 Years

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1506 Klondike Road, SW, Conyers, GA 30094

Lysander Allann Woods

Accident & Injury, Bankruptcy & Debt, Criminal, Immigration

Status: Licensed: 28 Years

FREE CONSULTATION

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2385 Clower St SW, Snellville, GA 30078

Bruce Warren Bennett

Bankruptcy, Personal Injury

Status: Licensed: 24 Years

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516 Sosebee Farm Road, Grayson, GA 30017

800-814-6700

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LEGAL TERMS

BANKRUPTCY TRUSTEE

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is t... (more...)

A person appointed by the court to oversee the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee's role is to gather the debtor's nonexempt property, liquidate it and distribute it proportionally to her creditors. In a Chapter 13 case, the trustee's role is to receive the debtor's monthly payments and distribute them proportionally to her creditors.

LIQUIDATING PARTNER

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

FRATERNAL BENEFIT SOCIETY BENEFITS

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal socie... (more...)

These are benefits, often group life insurance, paid for by fraternal societies to their members. Elks, Masons or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property.

ACCORD AND SATISFACTION

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collectin... (more...)

An agreement to settle a contract dispute by accepting less than what's due. This procedure is often used by creditors who want to cut their losses by collecting as much money as they can from debtors who cannot pay the full amount.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

DISCHARGE (OF DEBTS)

A bankruptcy court's erasure of the debts of a person or business that has filed for bankruptcy.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

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Buckhead Bankruptcy & Debt Lawyer, Georgia, page 3

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Donald Ray Oulsnam

Joel M. Haber

William Ralph Carlisle

Terry William Smith

Robert M. Gardner

William Rhymer

J. Bertram Levy

Carson Robert Walden

Lysander Allann Woods

Bruce Warren Bennett

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LEGAL TERMS

BANKRUPTCY TRUSTEE

LIQUIDATING PARTNER

FRATERNAL BENEFIT SOCIETY BENEFITS

ACCORD AND SATISFACTION

PRESUMED ABUSE

CREDIT BUREAU

DISCHARGE (OF DEBTS)

LIMITED PARTNERSHIP

DISPOSABLE INCOME

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