Clarkdale Bankruptcy & Debt Lawyer, Georgia

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Matthew Berry
About | Practice Areas
Berry & Associates
2751 Buford Highway NE Suite 600 Atlanta, GA 30324Â» view map
Bankruptcy
For the Most Important Case You'll Ever Have

We know how important your case is. And we know we really only have one, best chance to get it right. And we will.

800-659-5561
1. Matthew Berry Atlanta, GA
  Attorney at Law - GA, 1986
  University of Memphis J.D. 1986
2. AboutBerry & Associates
  Matt Berry has been providing exceptional legal representation to clients in Georgia for more than 30 years.
3. Practice AreasSpecializations
  Bankruptcy
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Bobbie Mykel Beasley

Real Estate, Estate, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 13 Years

CONTACT

2727 Skyview Dr, Lithia Springs, GA 30122

Bobbie Mykel Beasley

Real Estate, Estate, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 13 Years

CONTACT

2727 Skyview Dr, Lithia Springs, GA 30122

Cheryl Joyce Braziel

Entertainment, Insurance, Bankruptcy

Status: In Good Standing Licensed: 17 Years

CONTACT

Mableton, GA 30126

Kaaren Anderson Robinson

Business, Bankruptcy & Debt

Status: Inactive Licensed: 36 Years

CONTACT

Lithia Springs, GA 30122

Lavern F. Tate

Government, Corporate, Consumer Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

5284 Floyd Road, Mableton, GA 30126

Ray Gary

Criminal, Consumer Rights, Bankruptcy & Debt

Status: Inactive Licensed: 75 Years

CONTACT

5141 Medford Lane, Austell, GA 30106

Wesley Charles Dunlap

Real Estate, Business & Trade, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 17 Years

CONTACT

5604 Wendy Bagwell Pkwy, Hiram, GA 30141

800-923-0641

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LEGAL TERMS

LIABILITY

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pi... (more...)

(1) The state of being liable--that is, legally responsible for an act or omission. Example:Peri hires Paul to fix a broken pipe in her bathroom, but the new pipe bursts the day after Paul installs it, ruining the bathroom floor. This raises the issue of liability: Who is responsible for the damage? Peri claims that Paul is responsible, and sues him for the cost of hiring another plumber to fix the pipe and replacing the floor. Paul, in turn, claims that the pipe manufacturer is responsible, because they supplied him with faulty materials. Both Peri and Paul must prove their claims in court; if Paul and/or the manufacturer is found liable, one or both will have to pay damages to Peri. (2) Something for which a person is liable. For example, a debt is often called a liability.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

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.

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.

CREDIT REPORT

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you m... (more...)

An account of your credit history, prepared by a credit bureau. A credit report will contain both credit history, such as what you owe to whom and whether you make the payments on time, as well as personal history, such as your former addresses, employment record and lawsuits in which you have been involved. An estimated 50% of all credit reports contain errors, such as accounts that don't belong to you, an incorrect account status or information reported that is older than seven years (ten years in the case of a bankruptcy).

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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Clarkdale Bankruptcy & Debt Lawyer, Georgia

Sponsored Law Firm

Berry & Associates

SPONSORED LAWYERS

Bobbie Mykel Beasley

Bobbie Mykel Beasley

Cheryl Joyce Braziel

Kaaren Anderson Robinson

Lavern F. Tate

Ray Gary

Wesley Charles Dunlap

TIPS

LEGAL TERMS

LIABILITY

IRS EXPENSES

INTEREST

BANKRUPTCY

SECURED DEBT

CREDIT REPORT

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

PRIORITY DEBT

WINDING UP

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