Paulding County, GA Workout Lawyers

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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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Jeanne O'Halleran

Wills & Probate, Family Law, Divorce, Adoption

Status: In Good Standing Licensed: 23 Years

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445 South Main Street, Dallas, GA 30132

Allen Turner

Bankruptcy, Personal Injury, Family Law, Criminal, Estate

Status: In Good Standing

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200 E Memorial Dr, Dallas, GA 30132

Valerie Ochs

Reorganization, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

FREE CONSULTATION

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206 East Memorial Drive, Dallas, GA 30132

Michael James Lonati

Employment, Insurance, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 29 Years

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110 Evans Mill Drive, Dallas, GA 30157

Holly Cohen Mcmurray

Education, Real Estate, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

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848 Hiram Acworth Hwy, Hiram, GA 30141

Elizabeth Osborne Williams

Commercial Real Estate, Real Estate, Estate Planning, Elder Law

Status: In Good Standing Licensed: 19 Years

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848 Hiram Acworth Hwy, Hiram, GA 30141

Wesley Charles Dunlap

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

Status: In Good Standing Licensed: 17 Years

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5604 Wendy Bagwell Pkwy, Hiram, GA 30141

John David Garner

Landlord-Tenant, Workers' Compensation, Personal Injury

Status: In Good Standing

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215 Main St, Dallas, GA 30132

James G. Richardson

Other, Lawsuit & Dispute, Accident & Injury

Status: In Good Standing Licensed: 40 Years

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367 W Memorial Drive, Dallas, GA 30132

James B. Talley

Real Estate

Status: Inactive Licensed: 46 Years

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367 W Memorial Drive, Dallas, GA 30132

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LEGAL TERMS

REDEMPTION

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump s... (more...)

In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

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.

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

PRIORITY DEBT

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13... (more...)

A type of debt that is paid first if there are distributions made from the bankruptcy estate in a Chapter 7 bankruptcy, and must be paid in full in a Chapter 13 bankruptcy. Priority debts include alimony and child support, fees owed to the trustee and the attorney in the bankruptcy case, and wages owed to employees.

DEFINED CONTRIBUTION PLAN

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount ... (more...)

A type of pension plan that does not guarantee any particular pension amount upon retirement. Instead, the employer pays into the pension fund a certain amount every month, or every year, for each employee. The employer usually pays a fixed percentage of an employee's wages or salary, although sometimes the amount is a fraction of the company's profits, with the size of each employee's pension share depending on the amount of wage or salary. Upon retirement, each employee's pension is determined by how much was contributed to the fund on behalf of that employee over the years, plus whatever earnings that money has accumulated as part of the investments of the entire pension fund.

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.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

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.

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Paulding County, GA Workout Lawyers

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Jeanne O'Halleran

Allen Turner

Valerie Ochs

Michael James Lonati

Holly Cohen Mcmurray

Elizabeth Osborne Williams

Wesley Charles Dunlap

John David Garner

James G. Richardson

James B. Talley

TIPS

LEGAL TERMS

REDEMPTION

ABUSE

IRS EXPENSES

LIEN

PRIORITY DEBT

DEFINED CONTRIBUTION PLAN

CHAPTER 7 BANKRUPTCY

CURRENT MONTHLY INCOME

BULK SALES LAW

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