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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

CONTACT

577 Mulberry Street, Macon, GA 31201

Lewis N. Jones

Real Estate, Litigation, Credit & Debt

Status: In Good Standing Licensed: 56 Years

CONTACT

Bartow, GA 30413

Julius Malimu King

Divorce & Family Law, Consumer Bankruptcy, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 22 Years

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Bonaire, GA 31005

Robert Jeffrey Aromatorio

Real Estate, Estate, Business, Bankruptcy

Status: In Good Standing Licensed: 31 Years

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Byron, GA 31008

Edward Burton Claxton

Divorce, Criminal, Bankruptcy, Products Liability

Status: In Good Standing Licensed: 42 Years

CONTACT

1006 Hillcrest Pkwy, Dublin, GA 31021

Daniel Melvin King

Agriculture, Industry Specialties, Insurance, Credit & Debt

Status: In Good Standing Licensed: 29 Years

CONTACT

617 Bellevue Avenue, Dublin, GA 31040

Alex Chipman Smith

Real Estate, Corporate, Business, Bankruptcy

Status: In Good Standing Licensed: 10 Years

CONTACT

Dublin, GA 31040

Kimberly Renee Cameron

Federal Trial Practice, Workers' Compensation, Insurance, Bankruptcy

Status: In Good Standing Licensed: 19 Years

CONTACT

5120 Norman Street, Eastman, GA 31023

Claudia Joyce Mitcham

Private Schools, Family Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 10 Years

CONTACT

Gray, GA 31032

Genelle B. Jennings

Industry Specialties, Divorce & Family Law, Business, Bankruptcy & Debt

Status: Inactive Licensed: 39 Years

CONTACT

83 Mansfield Drive, Hawkinsville, GA 31036

800-923-0641

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LEGAL TERMS

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.

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.

REPOSSESSION

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and ... (more...)

A creditor's taking property that has been pledged as collateral for a loan. Lenders will most often repossess cars when the owner has missed loan payments and has not attempted to work with the lender to resolve the problem. A repossessor can't use force to get at your car, but he can legally hot-wire it and even drive it out of your unlocked garage.

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.

COSIGNER

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for t... (more...)

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

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.

DISCHARGEABLE DEBTS

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bill... (more...)

Debts that can be erased by going through bankruptcy. Most debts incurred prior to declaring bankruptcy are dischargeable, including back rent, credit card bills and medical bills. Compare nondischargeable debts.

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Montrose Bankruptcy & Debt Lawyer, Georgia

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

John Flanders Kennedy

Lewis N. Jones

Julius Malimu King

Robert Jeffrey Aromatorio

Edward Burton Claxton

Daniel Melvin King

Alex Chipman Smith

Kimberly Renee Cameron

Claudia Joyce Mitcham

Genelle B. Jennings

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LEGAL TERMS

MEETING OF CREDITORS

CHAPTER 7 BANKRUPTCY

WINDING UP

REPOSSESSION

INTEREST

COSIGNER

C CORPORATION

SECURED DEBT

DISCHARGEABLE DEBTS

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