Saint Simons Island 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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Nathan C. Johnson

Personal Injury, Bankruptcy, Real Estate, Estate

Status: In Good Standing

CONTACT

300 Oak Street, Saint Simons Island, GA 31522

Audra Rizzi-Gegg

Child Custody, Bankruptcy, Medical Malpractice, Accident & Injury

Status: In Good Standing

CONTACT

3528 Darien Hwy, Brunswick, GA 31525

Kathryn Sanchez Kasper

Entertainment, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 24 Years

CONTACT

208 Scranton Connector, Brunswick, GA 31525

J. Alan Welch

Lawsuit, Family Law, Insurance, Bankruptcy, Accident & Injury

Status: In Good Standing Licensed: 31 Years

CONTACT

2225 Gloucester Street, Brunswick, GA 31520

Paul Andrew Schofield

International, Estate, Business, Bankruptcy & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

Brunswick, GA 31521

Molly Dinan Mcilvaine

Children's Rights, Bankruptcy, Personal Injury, Medical Malpractice

Status: In Good Standing Licensed: 19 Years

CONTACT

Brunswick, GA 31521

James Wrixam Mcilvaine

Education, Lawsuit, Divorce, Child Custody, Bankruptcy

Status: In Good Standing

CONTACT

Brunswick, GA 31521

Brian Corry

Bankruptcy, Divorce, Personal Injury, Employment Discrimination

Status: In Good Standing

CONTACT

1709 Reynolds St, Brunswick, GA 31520

Richard H. Taylor

Social Security, Government, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 39 Years

CONTACT

1614 Ellis Street, Brunswick, GA 31520

Robert M. Souther

Real Estate, Medical Products & Devices, Credit & Debt, Bankruptcy

Status: In Good Standing

CONTACT

Brunswick, GA 31521

800-923-0641

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LEGAL TERMS

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.

FCRA

See Fair Credit Reporting Act.

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.

NO-FAULT INSURANCE

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain ... (more...)

Car insurance laws that require the insurance companies of each person in an accident to pay for medical bills and lost wages of their insured, up to a certain amount, regardless of who was at fault. The effect of no-fault insurance laws is to eliminate lawsuits in small accidents. The advantage is the prompt payment of medical bills and expenses. The downsides are that the amounts paid by no-fault policies are often not enough to fully cover a person's losses and that no-fault does not compensate for pain and suffering.

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.

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.

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

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Saint Simons Island Bankruptcy & Debt Lawyer, Georgia, page 2

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Nathan C. Johnson

Audra Rizzi-Gegg

Kathryn Sanchez Kasper

J. Alan Welch

Paul Andrew Schofield

Molly Dinan Mcilvaine

James Wrixam Mcilvaine

Brian Corry

Richard H. Taylor

Robert M. Souther

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LEGAL TERMS

INTEREST

FCRA

BANKRUPTCY

SECURED DEBT

NO-FAULT INSURANCE

S CORPORATION

ACCORD AND SATISFACTION

LIMITED LIABILITY

IRS EXPENSES

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