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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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William Ross Mcconnell

Government, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 42 Years

CONTACT

179 North Main Street, Cornelia, GA 30531

Troy R. Millikan

Divorce & Family Law, Criminal, Accident & Injury, Bankruptcy & Debt, DUI-DWI

Status: In Good Standing

CONTACT

380 Green Street, N.E., Gainesville, GA 30501

Jason Arnold Dean

Federal Trial Practice, Criminal, Contract, Credit & Debt

Status: In Good Standing

CONTACT

200 Ee Butler Pkwy, Gainesville, GA 30503

Carla Jones Walker

Real Estate, Business, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Gainesville, GA 30501

Jonathan Clements

Criminal, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

CONTACT

Gainesville, GA 30503

Abbott Swift Hayes

Litigation, Government, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Gainesville, GA 30503

Charles N. Kelley

Landlord-Tenant, Business & Trade, Bankruptcy, Personal Injury

Status: In Good Standing

CONTACT

340 Jesse Jewell Pkwy, Gainesville, GA 30503

Paul Bentley Smart

Real Estate, Government, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Gainesville, GA 30503

Bradley J. Patten

Lawsuit, Workers' Compensation, Contract, Bankruptcy

Status: In Good Standing

CONTACT

340 Jesse Jewell Parkway, Gainesville, GA 30503

Ashley D. Bell

Government, Family Law, Administrative Law, Collection

Status: In Good Standing

CONTACT

539 Green Street, Gainesville, GA 30501

800-923-0641

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LEGAL TERMS

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.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

WINDING UP

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, a... (more...)

The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

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.

HOUSEHOLDER

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a ho... (more...)

A person who supports and maintains a household, with or without other people. In bankruptcy law, a householder, housekeeper or head of household can claim a homestead exemption and possibly other exemptions relating to the maintenance of the household.

MEETING OF CREDITORS

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a f... (more...)

A meeting held with the bankruptcy trustee about a month after you file for bankruptcy. You must attend. The trustee reviews your bankruptcy papers and asks a few questions. In a Chapter 7, the meeting of creditors lasts a few minutes and rarely do any creditors show up. In a Chapter 13 bankruptcy, one or two creditors may attend, especially if they disagree with some provision of your repayment plan.

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Lula Bankruptcy & Debt Lawyer, Georgia

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

William Ross Mcconnell

Troy R. Millikan

Jason Arnold Dean

Carla Jones Walker

Jonathan Clements

Abbott Swift Hayes

Charles N. Kelley

Paul Bentley Smart

Bradley J. Patten

Ashley D. Bell

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LEGAL TERMS

SUBROGATION

INTEREST

CHAPTER 13 BANKRUPTCY

TRADE DRESS

CHAPTER 7 BANKRUPTCY

WINDING UP

BULK SALES LAW

HOUSEHOLDER

MEETING OF CREDITORS

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