Fairburn 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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Tonya Shy

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

Status: In Good Standing Licensed: 24 Years

CONTACT

1691 Phoenix Boulevard, College Park, GA 30349

Natalie Dawn Mays

Divorce & Family Law, Criminal, Bankruptcy & Debt, Traffic

Status: In Good Standing Licensed: 30 Years

CONTACT

4812-a Old National Hwy, Atlanta, GA 30337

Francisca C. Manuwuike

Bankruptcy, Immigration, Wills & Probate, Divorce

Status: In Good Standing Licensed: 11 Years

CONTACT

100 Hartsfield Center Pkwy, Atlanta, GA 30354

David Scott Ballard

Federal Trial Practice, Criminal, Insurance, Bankruptcy

Status: In Good Standing

CONTACT

113 Glynn Street S, Fayetteville, GA 30214

John Eggers

Bankruptcy & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

5538 Old National Highway, Atlanta, GA 30349

Frank Harper

Divorce & Family Law, DUI-DWI, Criminal, Bankruptcy

Status: In Good Standing Licensed: 30 Years

FREE CONSULTATION

CONTACT

695 North Jeff Davis Drive, Fayetteville, GA 30214

Susan M. Brake

Bankruptcy

Status: In Good Standing Licensed: 21 Years

FREE CONSULTATION

CONTACT

3400 Chapel Hill Road, Douglasville, GA 30135

Tyronia Monique Smith

Bankruptcy & Debt, Real Estate, Business, Lawsuit & Dispute

Status: In Good Standing Licensed: 20 Years

CONTACT

2882 Church Street, Atlanta, GA 30344

Jason Baine Thompson

Federal Claims Court, Civil Rights, Administrative Law, Collection

Status: In Good Standing

CONTACT

101 Devant Street, Fayetteville, GA 30214

David Scott Cartee

Litigation, Corporate, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 28 Years

CONTACT

1030 Delta Boulevard, Atlanta, GA 30320

800-923-0641

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LEGAL TERMS

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.

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.

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.

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.

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).

NUISANCE FEES

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fe... (more...)

Money charged by some credit card companies to increase their profits when you fail to use the card the way the creditor wants. Examples include late payment fees, inactivity fees and fees for not carrying a balance from month to month. It's best to shop around and get rid of cards that have these fees attached.

CREDIT BUREAU

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit... (more...)

A private, profit-making company that collects and sells information about a person's credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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.

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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Fairburn Bankruptcy & Debt Lawyer, Georgia

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Tonya Shy

Natalie Dawn Mays

Francisca C. Manuwuike

David Scott Ballard

John Eggers

Frank Harper

Susan M. Brake

Tyronia Monique Smith

Jason Baine Thompson

David Scott Cartee

TIPS

LEGAL TERMS

GUARANTOR

BULK SALES LAW

LIABILITY

SOLE PROPRIETORSHIP

CREDIT REPORT

NUISANCE FEES

CREDIT BUREAU

FRAUDULENT TRANSFER

IRS EXPENSES

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