Knoxville 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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John Flanders Kennedy

Litigation, Corporate, Bankruptcy, Personal Injury

Status: In Good Standing

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577 Mulberry Street, Macon, GA 31201

Brian Lee Causey

Power of Attorney, Estate, Elder Law, Credit & Debt, Property Damage

Status: In Good Standing

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16 E Agency Street, Roberta, GA 31078

Laurens C. Lee

Equine, Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 40 Years

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Fort Valley, GA 31030

Randolph E. Wynn

Accident & Injury, Bankruptcy & Debt, Criminal, Divorce & Family Law

Status: In Good Standing Licensed: 36 Years

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112 Winchester Lane, Warner Robins, GA 31088

Kathleen S. Grantham

Real Estate Other, Workers' Compensation, Bankruptcy, Accident & Injury

Status: In Good Standing

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403 1/2 S Pleasant Hill Rd, Warner Robins, GA 31088

Alex D. Sanders

Bankruptcy & Debt, Credit & Debt

Status: In Good Standing Licensed: 18 Years

FREE CONSULTATION

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577 Mulberry Street, Macon, GA 31201

Nikitis Zoumberis

Family Law, Juvenile Law, Corporate, Bankruptcy

Status: In Good Standing Licensed: 36 Years

CONTACT

723 Bernard Dr, Warner Robins, GA 31093

George O. Haskell

Consumer Bankruptcy, Bankruptcy, Car Accident, Animal Bite

Status: In Good Standing Licensed: 22 Years

CONTACT

3985 Arkwright Road, Macon, GA 31210

Gail Charline Robinson

Wills, Family Law, Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 29 Years

CONTACT

233 Carl Vinson Parkway, Warner Robins, GA 31088

Wesley J. Boyer

Immigration, Employment, Bankruptcy, Car Accident

Status: In Good Standing Licensed: 41 Years

CONTACT

348 Cotton Avenue, Macon, GA 31201

800-923-0641

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LEGAL TERMS

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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.

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.

GARNISHMENT

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if ... (more...)

A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a person's wages can be deducted.

SUBROGATION

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off i... (more...)

A taking on of the legal rights of someone whose debts or expenses have been paid. For example, subrogation occurs when an insurance company that has paid off its injured claimant takes the legal rights the claimant has against a third party that caused the injury, and sues that third party.

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.

FRAUDULENT TRANSFER

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee --... (more...)

In a bankruptcy case, a transfer of property to another for less than the property's value for the purpose of hiding the property from the bankruptcy trustee -- for instance, when a debtor signs a car over to a relative to keep it out of the bankruptcy estate. Fraudulently transferred property can be recovered and sold by the trustee for the benefit of the creditors.

TRADE NAME

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

SETOFF

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a countercl... (more...)

A claim made by someone who allegedly owes money, that the amount should be reduced because the other person owes him money. This is often raised in a counterclaim filed by a defendant in a lawsuit. Banks may try to exercise a setoff by taking money out of a deposit account to satisfy past due payments on a loan or credit card bill. Such an act is illegal under most circumstances.

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Knoxville Bankruptcy & Debt Lawyer, Georgia

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

John Flanders Kennedy

Brian Lee Causey

Laurens C. Lee

Randolph E. Wynn

Kathleen S. Grantham

Alex D. Sanders

Nikitis Zoumberis

George O. Haskell

Gail Charline Robinson

Wesley J. Boyer

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LEGAL TERMS

REAFFIRMATION

ACCORD AND SATISFACTION

INTEREST

GARNISHMENT

SUBROGATION

SOLE PROPRIETORSHIP

FRAUDULENT TRANSFER

TRADE NAME

SETOFF

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