Greensboro Bankruptcy & Debt Lawyer, Georgia, page 2

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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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Patrick Lane Knowles

Federal Trial Practice, Government, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

1 Press Place, Athens, GA 30602

Darrel Begnaud

Tax, Real Estate, Corporate, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

325 Cleveland Rd, Bogart, GA 30622

Adam Michael Cain

Federal Trial Practice, Criminal, Insurance, Consumer Bankruptcy, Slip & Fall Accident

Status: In Good Standing Licensed: 21 Years

CONTACT

1307 Park Ave, Athens, GA 30601

Christopher John Liken

Employee Rights, Divorce, Banking & Finance, Bankruptcy

Status: Inactive

CONTACT

485 W Cloverhurst Avenue, Athens, GA 30606

Thomas H. Rogers

Tax, Family Law, Elder Law, Business & Trade, Bankruptcy

Status: In Good Standing Licensed: 47 Years

CONTACT

Athens, GA 30603

Blanton Carl Lingold

Family Law, Children's Rights, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 20 Years

CONTACT

530 W Thomas Street, Milledgeville, GA 31061

Barry Gordon Irwin

Federal Trial Practice, Non-profit, Bankruptcy, Animal Bite

Status: In Good Standing

CONTACT

Athens, GA 30603

Donald Ray Oulsnam

Real Estate, Estate, Business, Credit & Debt

Status: In Good Standing Licensed: 29 Years

CONTACT

110 South Jefferson Street, Milledgeville, GA 31061

Joel D. Burns

Employment, Family Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 48 Years

CONTACT

200 N. Jefferson Street, Milledgeville, GA 31061

Stephen Noel

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 41 Years

CONTACT

124 South Broad Street, Monroe, GA 30655

800-923-0641

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LEGAL TERMS

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.

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.

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.

MEANS TEST

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income ... (more...)

A formula that uses predefined income and expense categories to determine whether a debtor whose current monthly income is higher than the median family income for his or her state should be allowed to file for Chapter 7 bankruptcy.

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

BULK SALES LAW

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to ... (more...)

A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors. If a business owner wants to conduct a bulk sale of business assets -- that is, get rid of an unusually large amount of inventory, merchandise or equipment -- the business owner must typically publish a notice of the sale and give written notice to creditors. Then, the owner must set up an account to hold the funds from the sale for a brief period of time during which creditors may make claims against the money. The prohibition against bulk sales is spelled out in the Uniform Commercial Code -- and laws modeled on the UCC have been generally adopted throughout the country.

CREDITOR

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

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.

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.

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Greensboro Bankruptcy & Debt Lawyer, Georgia, page 2

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Patrick Lane Knowles

Darrel Begnaud

Adam Michael Cain

Christopher John Liken

Thomas H. Rogers

Blanton Carl Lingold

Barry Gordon Irwin

Donald Ray Oulsnam

Joel D. Burns

Stephen Noel

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LEGAL TERMS

PRIORITY DEBT

INTEREST

DEBIT CARD

MEANS TEST

REDEMPTION

BULK SALES LAW

CREDITOR

ACCORD AND SATISFACTION

SECURED DEBT

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