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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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Karen King

✓ VERIFIED

Atlanta Credit & Debt Lawyer

We have helped thousands of clients avoid home foreclosure, car repossession and reduce their other debts. Our experienced team fully understands the... (more)

FREE CONSULTATION

CONTACT

800-892-3680

215 Pryor Street, Atlanta, GA 30303

Kirby Clements

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Tucker Credit & Debt Lawyer

Kirby Clements, Jr. is our senior trial attorney. He is admitted to practice in Georgia, New York and the District of Columbia. He is a member of the ... (more)

CONTACT

404-212-1928

3524 Habersham at Northlake Rd, Tucker, GA 30084

Lawrence A Silverman

Consumer Protection, Consumer Rights, Credit & Debt, Collection

Status: In Good Standing

FREE CONSULTATION

CONTACT

800 Johnson Ferry Rd, Atlanta, GA 30342

A. Alexander Teel

Bankruptcy, Commercial Bankruptcy, Consumer Bankruptcy, Credit & Debt

Status: In Good Standing

CONTACT

Atlanta Financial Center, 3343 Peachtree Road, NE, Atlanta, GA 30326

Christopher Phillips

Workout, Reorganization, Credit & Debt, Commercial Bankruptcy

Status: In Good Standing

CONTACT

Atlanta Financial Center, 3343 Peachtree Road, NE, Atlanta, GA 30326

G. Frank Nason

Bankruptcy, Commercial Bankruptcy, Workout, Credit & Debt

Status: In Good Standing

CONTACT

Atlanta Financial Center, 3343 Peachtree Road, NE, Atlanta, GA 30326

D. Dwayne Adams

Premises Liability, Contract, Credit & Debt, Wrongful Death

Status: In Good Standing

FREE CONSULTATION

CONTACT

945 E. Paces Ferry Road N.E., Atlanta, GA 30326

Ira L. Rachelson

Construction, Corporate, Banking & Finance, Credit & Debt

Status: In Good Standing

CONTACT

Three Ravinia Drive, Atlanta, GA 30346

Adam M. Cain

Complex Litigation, DUI-DWI, Credit & Debt, Collection

Status: In Good Standing

FREE CONSULTATION

CONTACT

244 E. Washington Street, Athens, GA 30601

Benjamin Rachelson

Construction, Corporate, Business Organization, Credit & Debt

Status: In Good Standing

CONTACT

Three Ravinia Drive, Atlanta, GA 30346

800-923-0641

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LEGAL TERMS

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

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.

CREDIT INSURANCE

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay o... (more...)

Insurance a lender requires a borrower to purchase to cover the loan. If the borrower dies or becomes disabled before paying off the loan, the policy will pay off the remaining balance. Federal and state consumer protection laws require the lender to disclose to existing and potential borrowers the terms and costs of obtaining credit insurance because it can affect the terms of the loan.

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).

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

CREDIT FILE

See credit report.

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.

SAMPLE LEGAL CASES

Moon v. CSA-Credit Solutions of America

... with CSA-Credit Solutions of America, Inc. (CSA), a Texas corporation, which provided for CSA to assist the Moons in negotiating or adjusting debts they owed to their creditors for less than the amount owed. The Moons sued CSA in Georgia claiming that the debt adjustment ...

Associated Credit Union v. Pinto

... Following the closing, the closing agent tendered payment to Associated Credit Union, the Williamses' lender, in accordance with the payoff statement for the ... that at the time Pinto filed his complaint, he no longer owned the property at issue, and the deed to secure debt at issue ...

Holland v. Holland

... Under these circumstances, it is clear that the line of credit constituted a "debt on the Lake House" within the plain language of the post-nuptial agreement. ... The record also clearly shows that the third line of credit was simply a continuation of that same debt. ...

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Georgia Credit & Debt Lawyer List

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Karen King

Kirby Clements

Lawrence A Silverman

A. Alexander Teel

Christopher Phillips

G. Frank Nason

D. Dwayne Adams

Ira L. Rachelson

Adam M. Cain

Benjamin Rachelson

TIPS

LEGAL TERMS

TRADE NAME

DEBIT CARD

SOLE PROPRIETORSHIP

ACCORD AND SATISFACTION

CREDIT INSURANCE

CREDIT REPORT

C CORPORATION

CREDIT FILE

LIMITED PARTNERSHIP

SAMPLE LEGAL CASES

Moon v. CSA-Credit Solutions of America

Associated Credit Union v. Pinto

Holland v. Holland

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