Fayette County, GA Workout Lawyers, page 3

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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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Rudjard Melvin Hayes

Employment, Criminal, Civil Rights, Personal Injury, Accident & Injury

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1015 Tyrone Road, Tyrone, GA 30290

Richard P. Lindsey

Income Tax, Construction, Traffic, Dispute Resolution

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200 Westpark Drive, Peachtree City, GA 30269

Dinah L. Rainey

Family Law, Military & Veterans Appeals

Status: Licensed: 31 Years

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430 Prime Point, Peachtree City, GA 30269

Leslie Williams Wade

Family Law, Divorce & Family Law, Insurance

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101 Devant Street, Fayetteville, GA 30214

Meredith F. Mcclure

Employment Discrimination, Family Law, Divorce & Family Law, Personal Injury

Status: Licensed: 19 Years

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100 Habersham Drive, Fayetteville, GA 30214

David Scott Ballard

Federal Trial Practice, Criminal, Insurance, Bankruptcy

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113 Glynn Street S, Fayetteville, GA 30214

Jason Ramsey Schultz

Mass Torts, Personal Injury, Medical Malpractice, Car Accident, Accident & Injury

Status: Licensed: 34 Years

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525 Westpark Drive, Peachtree City, GA 30269

Christopher Ron Smith

Insurance, Personal Injury, Animal Bite, Accident & Injury

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170 Bastille Way, Fayetteville, GA 30214

Eric Alan Slepian

Real Estate, Estate, Insurance, Business

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42 Eastbrook Bend, Peachtree City, GA 30269

LeeAnne Rose Strohmann

Wills & Probate, Estate Planning, Estate, Business

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151 Highway 74 S, Peachtree City, GA 30269

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LEGAL TERMS

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

FORBEARANCE

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily ... (more...)

Voluntarily refraining from doing something, such as asserting a legal right. For example, a creditor may forbear on its right to collect a debt by temporarily postponing or reducing the borrower's payments.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

AUTOMATIC STAY

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities,... (more...)

An injunction automatically issued by the bankruptcy court when a debtor files for bankruptcy. The automatic stay prohibits most creditor collection activities, such as filing or continuing lawsuits, making written requests for payment, or notifying credit reporting bureaus of an unpaid debt.

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.

REAFFIRMATION

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing deb... (more...)

An agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy case is over. For instance, a debtor might make a reaffirmation agreement with the holder of a car note that the debtor can keep the car and must continue to pay the debt after bankruptcy.

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).

LIMITED LIABILITY

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or ... (more...)

The maximum amount a business owner can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company (LLC) or a person who invests in a corporation (a shareholder) generally stands to lose only the amount of money invested in the business. This means that if the business folds, creditors cannot seize or sell an owner's home, car, or other personal assets.

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.

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Fayette County, GA Workout Lawyers, page 3

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Rudjard Melvin Hayes

Richard P. Lindsey

Dinah L. Rainey

Leslie Williams Wade

Meredith F. Mcclure

David Scott Ballard

Jason Ramsey Schultz

Christopher Ron Smith

Eric Alan Slepian

LeeAnne Rose Strohmann

TIPS

LEGAL TERMS

BANKRUPTCY

FORBEARANCE

PRESUMED ABUSE

AUTOMATIC STAY

FRAUDULENT TRANSFER

REAFFIRMATION

LIEN

LIMITED LIABILITY

ABUSE

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