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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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2. Email
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Karen King

✓ VERIFIED

Bankruptcy & Debt, Bankruptcy, Collection, Credit & Debt, Reorganization

We have helped thousands of clients avoid home foreclosure, car repossession and reduce their other debts. Our experienced team fully understands the... (more)

FREE CONSULTATION

CONTACT

800-892-3680

215 Pryor Street, Atlanta, GA 30303

Rita D. Carroll

Child Support, Adoption, Collection, Bankruptcy

Status: In Good Standing

CONTACT

317 B Bankhead Highway, Carrollton, GA 30117

David J. Hungeling

Consumer Protection, Corporate, Business Organization, Collection

Status: In Good Standing

CONTACT

1718 Peachtree Street, N.W., Peachtree 25th, Atlanta, GA 30309

J. Andrew Robertson

Business Organization, Collection, Commercial Leasing, Complex Litigation

Status: In Good Standing

CONTACT

1718 Peachtree Street, N.W., Peachtree 25th, Atlanta, GA 30309

Jason Baine Thompson

Federal Claims Court, Civil Rights, Administrative Law, Collection

Status: In Good Standing

CONTACT

101 Devant Street, Fayetteville, GA 30214

George Koenig

Insurance, Corporate, Contract, Business Organization, Collection

Status: In Good Standing Licensed: 30 Years

CONTACT

1718 Peachtree St Nw, Atlanta, GA 30309

Cha'Ron Ballard

Bankruptcy, Collection, Credit & Debt, Personal Injury, Workers' Compensation

Status: In Good Standing

FREE CONSULTATION

CONTACT

3355 Lenox Road, Atlanta, GA 30326

Brian B. Pastor

Securities, Business, Collection

Status: In Good Standing

CONTACT

3455 Peachtree Rd Ne, Atlanta, GA 30326

800-923-0641

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LEGAL TERMS

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

WORKOUT

A debtor's plan to take care of a debt, by paying it off or through loan forgiveness. Workouts are often created to avoid bankruptcy or foreclosure proceedings.

401(K) PLAN

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income ... (more...)

A deferred compensation savings program in which employees invest part of their wages, sometimes along with employer contributions, to save on taxes. No income taxes on the amount invested and any earnings are due until the employee withdraws money from the fund.

UNSECURED DEBT

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only reme... (more...)

A debt that is not tied to any item of property. A creditor doesn't have the right to grab property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment. Compare secured debt.

DOING BUSINESS AS (DBA)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or ... (more...)

A situation in which a business owner operates a company under a name different from his or her real name. The owner must file a 'fictitious name statement' or similar document with the appropriate agency -- for example, the county clerk. This enables consumers to discover the names of the business owners, which is important if a consumer needs to sue the business.

FDCPA

See Fair Debt Collections & Practices Act.

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.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

Senoia Collection Lawyer, Georgia

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Karen King

Rita D. Carroll

David J. Hungeling

J. Andrew Robertson

Jason Baine Thompson

George Koenig

Cha'Ron Ballard

Brian B. Pastor

TIPS

LEGAL TERMS

S CORPORATION

WORKOUT

401(K) PLAN

UNSECURED DEBT

DOING BUSINESS AS (DBA)

FDCPA

SETOFF

CHAPTER 13 PLAN

CREDIT FILE

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