Georgia Bankruptcy & Debt Lawyer List, 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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Christopher Phillips

Workout, Reorganization, Credit & Debt, Commercial Bankruptcy

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Atlanta Financial Center, 3343 Peachtree Road, NE, Atlanta, GA 30326

A. Alexander Teel

Bankruptcy, Commercial Bankruptcy, Consumer Bankruptcy, Credit & Debt

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Atlanta Financial Center, 3343 Peachtree Road, NE, Atlanta, GA 30326

Margaret O. Rentz

Bankruptcy

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Atlanta Financial Center, 3343 Peachtree Road, NE, Atlanta, GA 30326

D. Dwayne Adams

Premises Liability, Contract, Credit & Debt, Wrongful Death

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FREE CONSULTATION

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945 E. Paces Ferry Road N.E., Atlanta, GA 30326

Stuart F. Clayton

Corporate, Bankruptcy Litigation, Bankruptcy & Debt

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Atlanta Financial Center, 3343 Peachtree Road, NE, Atlanta, GA 30326

David J. Hungeling

Consumer Protection, Corporate, Business Organization, Collection

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

W. Calvin Bomar

Estate Planning, Corporate, Business Organization, Reorganization

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FREE CONSULTATION

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5447 Roswell Rd NE, Atlanta, GA 30342

Shawn J. Eisenberg

Real Estate, Collection, Bankruptcy, Bankruptcy & Debt

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FREE CONSULTATION

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2414 Dallas Highway, Marietta, GA 30064

Ira L. Rachelson

Construction, Corporate, Banking & Finance, Credit & Debt

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Three Ravinia Drive, Atlanta, GA 30346

Douglas B. Chanco

DUI-DWI, Criminal, Business Organization, Bankruptcy

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FREE CONSULTATION

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3355 Lenox Rd. Ne, Atlanta, GA 30326

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Lawyer.com can help you easily and quickly find Georgia Bankruptcy & Debt Lawyers and Georgia Bankruptcy & Debt Law Firms. Find Bankruptcy & Debt attorneys by major city or select a city from the list of all Georgia cities. Alternatively you can search for Bankruptcy & Debt attorneys for all Georgia cities or search by county. You may also also find it useful to refine your search by specific Bankruptcy & Debt practice areas such as Bankruptcy, Collection, Credit & Debt, Reorganization and Workout matters.

LEGAL TERMS

ADMINISTRATIVE EXPENSES

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Admi... (more...)

The trustee's fee, the debtor's attorney fees, and other costs of bringing a bankruptcy case that a debtor must pay in full in a Chapter 13 repayment plan. Administrative costs are typically 10% of the debtor's total payments under the plan.

NONEXEMPT PROPERTY

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typicall... (more...)

The property you risk losing to your creditors when you file a Chapter 7 bankruptcy or when a creditor sues you and wins a judgment. Nonexempt property typically includes valuable clothing (furs) and electronic equipment, an expensive car that's been paid off and most of the equity in your house. Compare exempt property.

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.

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.

SOLE PROPRIETORSHIP

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, m... (more...)

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

UNDUE HARDSHIP

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in t... (more...)

The circumstances in which a debtor may discharge a student loan in bankruptcy. For example, a debtor who has no income and little chance of earning enough in the future to pay off the loan may be able to show that repayment would be an undue hardship.

FDCPA

See Fair Debt Collections & Practices Act.

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.

GENERAL PARTNER

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the... (more...)

A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.

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Georgia Bankruptcy & Debt Lawyer List, page 3

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Christopher Phillips

A. Alexander Teel

Margaret O. Rentz

D. Dwayne Adams

Stuart F. Clayton

David J. Hungeling

W. Calvin Bomar

Shawn J. Eisenberg

Ira L. Rachelson

Douglas B. Chanco

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LEGAL TERMS

ADMINISTRATIVE EXPENSES

NONEXEMPT PROPERTY

BANKRUPTCY

S CORPORATION

SOLE PROPRIETORSHIP

UNDUE HARDSHIP

FDCPA

IRS EXPENSES

GENERAL PARTNER

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