Chester 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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Alex D. Sanders

Bankruptcy & Debt, Credit & Debt

Status: Licensed: 18 Years

FREE CONSULTATION

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577 Mulberry Street, Macon, GA 31201

Robert Michael Matson

Immigration, Social Security, Estate, Bankruptcy, Bankruptcy & Debt

Status: Licensed: 27 Years

CONTACT

544 Mulberry Street, Macon, GA 31202

Danny L. Akin

Bankruptcy, Bankruptcy & Debt

Status: Licensed: 46 Years

CONTACT

544 Mulberry Street, Macon, GA 31202

Kenneth Ronald Smith

Federal Trial Practice, Criminal, Insurance, Consumer Bankruptcy

Status:

CONTACT

544 Mulberry Street, Macon, GA 31201

Ward Stone

Mediation, Wrongful Termination, Business & Trade, Business, Bankruptcy

Status:

CONTACT

577 Mulberry Street, Macon, GA 31201

Gregory Daniel Taylor

Agriculture, Federal Appellate Practice, Business, Bankruptcy, Traffic

Status: Licensed: 11 Years

CONTACT

577 Mulberry St, Macon, GA 31201

Matthew Stewart Cathey

Construction, Immigration, Business, Commercial Bankruptcy, Medical Malpractice

Status:

CONTACT

577 Mulberry Street, Macon, GA 31201

Camille Hope

Bankruptcy, Bankruptcy & Debt

Status: Licensed: 48 Years

CONTACT

201 2Nd Street, Macon, GA 31202

Laura Duckworth Wilson

Bankruptcy, Bankruptcy & Debt

Status: Licensed: 32 Years

CONTACT

Macon, GA 31202

A. G. Knowles

Social Security, Bankruptcy, Traffic, Personal Injury, Workers' Compensation

Status:

CONTACT

544 Mulberry St, Macon, GA 31201

800-814-6700

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LEGAL TERMS

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemp... (more...)

In a bankruptcy proceeding, money collected through insurance, arbitration, mediation, settlement or a lawsuit to pay for exempt property that's no longer exemptible because it has been damaged or destroyed.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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Chester Bankruptcy & Debt Lawyer, Georgia, page 3

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Alex D. Sanders

Robert Michael Matson

Danny L. Akin

Kenneth Ronald Smith

Ward Stone

Gregory Daniel Taylor

Matthew Stewart Cathey

Camille Hope

Laura Duckworth Wilson

A. G. Knowles

TIPS

LEGAL TERMS

CHAPTER 13 BANKRUPTCY

S CORPORATION

CHAPTER 13 PLAN

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

COSIGNER

NONEXEMPT PROPERTY

NUISANCE FEES

FAIR DEBT COLLECTIONS & PRACTICES ACT (FDCPA)

BANKRUPTCY

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