Demorest Bankruptcy & Debt Lawyer, Georgia

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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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Abbott Swift Hayes

Litigation, Government, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Gainesville, GA 30503

Alfred L. Allgood

Collective Bargaining, Family Law, Bankruptcy, Bankruptcy & Debt

Status: Inactive Licensed: 52 Years

CONTACT

2391 Stephens Circle, Gainesville, GA 30506

Ashley D. Bell

Government, Family Law, Administrative Law, Collection

Status: In Good Standing

CONTACT

539 Green Street, Gainesville, GA 30501

Bradley J. Patten

Lawsuit, Workers' Compensation, Contract, Bankruptcy

Status: In Good Standing

CONTACT

340 Jesse Jewell Parkway, Gainesville, GA 30503

Brian C Ranck

Real Estate, Lawsuit & Dispute, Family Law, Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

597 Big A Rd, Toccoa, GA 30577

Carla Jones Walker

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

Status: In Good Standing

CONTACT

Gainesville, GA 30501

Charles N. Kelley

Landlord-Tenant, Business & Trade, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

340 Jesse Jewell Pkwy, Gainesville, GA 30503

Christopher J. Walker

Divorce, Insurance, Bankruptcy, Personal Injury, Medical Malpractice

Status: In Good Standing

CONTACT

405 Washington St. Ne, Gainesville, GA 30501

Christopher Allen Jones

Estate, Family Law, DUI-DWI, Credit & Debt

Status: In Good Standing Licensed: 28 Years

CONTACT

Cleveland, GA 30528

Daniel Lawrence Grimes

Criminal, Elder Law, Bankruptcy, Real Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

3320 Jean Marie Lane, Gainesville, GA 30506

800-923-0641

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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.

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.

CREDITOR

A person or entity (such as a bank) to whom a debt is owed.

COLLATERAL

Property that guarantees payment of a secured debt.

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.

FAIR CREDIT REPORTING ACT (FCRA)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to a... (more...)

A federal law that is designed to prevent inaccurate or obsolete information from entering or remaining in a credit report. The law requires credit bureaus to adopt reasonable procedures for gathering, maintaining and disseminating information and bars credit bureaus from reporting negative information that is older than seven years, except a bankruptcy, which may be reported for ten. If you notify a credit bureau of an error in your credit report, the FCRA requires the bureau to investigate your allegations within 30 days, review all information you provide, remove inaccurate and unverified information and adopt procedures to keep the information from reappearing. In addition, the law requires that creditors refrain from reporting incorrect information to credit bureaus.

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.

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.

GUARANTOR

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. T... (more...)

A person who makes a legally binding promise to either pay another person's debt or perform another person's duty if that person defaults or fails to perform. The guarantor gives a 'guaranty,' which is an assurance that the debt or other obligation will be fulfilled.

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Demorest Bankruptcy & Debt Lawyer, Georgia

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Abbott Swift Hayes

Alfred L. Allgood

Ashley D. Bell

Bradley J. Patten

Brian C Ranck

Carla Jones Walker

Charles N. Kelley

Christopher J. Walker

Christopher Allen Jones

Daniel Lawrence Grimes

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LEGAL TERMS

LIQUIDATING PARTNER

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

CREDITOR

COLLATERAL

LIABILITY

FAIR CREDIT REPORTING ACT (FCRA)

INTEREST

PROCEEDS FOR DAMAGED EXEMPT PROPERTY

GUARANTOR

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