Louisville Bankruptcy & Debt Lawyer, Georgia

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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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Joseph Edward Spires

✓ VERIFIED

Accident & Injury, Personal Injury, Car Accident, Consumer Bankruptcy

I have practiced bankruptcy, personal injury, and workers' compensation law for 25 years.

Founding partner, Joseph Spires is a Georgia native with over two decades of legal experience. He specializes in Worker's Compensation, Bankruptcy and... (more)

FREE CONSULTATION

CONTACT

800-925-2541

445 Walker Street, Augusta, GA 30901

Wendy A Withrow

Eminent Domain, Government Contract, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

429 Walker Street, Upper Level, Augusta, GA 30901

Jon Alexander Levis

Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

101 S. Main Street, Swainsboro, GA 30401

Lance John Hamilton

Criminal, Bankruptcy, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 29 Years

CONTACT

28 Goldenrod Court, Sparta, GA 31087

Scott J. Klosinski

Commercial Real Estate, Estate Planning, Collection, Bankruptcy & Debt

Status: In Good Standing Licensed: 38 Years

CONTACT

7 George Wilson Court, Augusta, GA 30909

James C. Overstreet

Corporate, Banking & Finance, Bankruptcy Litigation, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

1229 Augusta West Parkway, Augusta, GA 30909

James Carlisle Overstreet

Real Estate, Misdemeanor, Corporate, Bankruptcy

Status: In Good Standing Licensed: 25 Years

CONTACT

1229 Augusta West Parkway, Augusta, GA 30909

Guy Henry Seymour

Tax, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

2820 Hillcreek Drive, Augusta, GA 30909

Angela Williams Seymour

Private Schools, Consumer Rights, Bankruptcy, Property Damage

Status: In Good Standing

CONTACT

2820 Hillcreek Drive, Augusta, GA 30909

Jeanne D. Harrison

Social Security -- Disability, Government Agencies, Bankruptcy

Status: In Good Standing Licensed: 54 Years

CONTACT

Augusta, GA 30903

800-923-0641

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LEGAL TERMS

DEBIT CARD

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can ... (more...)

A card issued by a bank that combines the functions of an ATM card and checks. A debit card can be used to withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction. Debit cards are regulated by the Electronic Funds Transfer Act.

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.

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.

TRUTH IN LENDING ACT (TILA)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disc... (more...)

A federal law that requires credit and charge card companies to disclose interest rates and other information about an account. It also requires lenders to disclose the terms of a loan, including the total amount of the loan, the annual interest rate and the number, amount and due dates of all payments necessary to repay the loan. The TILA requires additional disclosures and places many restrictions on mortgages.

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.

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.

DISPOSABLE INCOME

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Ch... (more...)

The difference between a debtor's current monthly income and allowable expenses. This is the amount that the new bankruptcy law deems available to pay into a Chapter 13 plan.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

Louisville Bankruptcy & Debt Lawyer, Georgia

Sponsored Law Firm

Wakhisi-Douglas LLC

SPONSORED LAWYERS

Joseph Edward Spires

Wendy A Withrow

Jon Alexander Levis

Lance John Hamilton

Scott J. Klosinski

James C. Overstreet

James Carlisle Overstreet

Guy Henry Seymour

Angela Williams Seymour

Jeanne D. Harrison

TIPS

LEGAL TERMS

DEBIT CARD

PRESUMED ABUSE

SETOFF

TRUTH IN LENDING ACT (TILA)

BULK SALES LAW

S CORPORATION

DISPOSABLE INCOME

LIMITED PARTNERSHIP

FCBA

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