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Chapter 7 and Chapter 13
Bankruptcy in Georgia
What You Need to Know
If you are an honest, hardworking Georgia resident who is struggling to make ends meet, Chapter 7 or Chapter 13 bankruptcy may offer you an honorable solution to your financial problems. For individuals and married couples who live in Georgia, there are two types of bankruptcy relief available. Chapter 7 bankruptcy helps eliminate debt, and Chapter 13 creates a three to five year payment plan so you can pay back debt with less pressure.
Bankruptcy = Peace of Mind
In most situations, either Chapter 7 or Chapter 13 will put an immediate stop to bill collector harassment, threatening letters, repossessions, foreclosures, and pending lawsuits. Most of our clients report that the biggest benefit to a bankruptcy filing is the immediate sense of relief from the pressure that comes from living under a budget where more money goes out than comes in. Bankruptcy is and should always be used as a last resort - if you are at the point where your “back is against the wall,” then it is time to learn more about how bankruptcy works in Georgia bankruptcy courts.
How Georgia Bankruptcy Changed After October 17, 2005
Consumer bankruptcy practice has changed a lot since October, 2005, when the nation's bankruptcy laws were totally overhauled. Bankruptcy filers as well as their attorneys are now subject to very strict reporting and accuracy guidelines. Bankruptcy filers are now required to produce extensive documentation, including tax returns, pay stubs, receipts, insurance declarations, bank account statements and proof of payment to various creditors. We have discovered that a large part of our job - especially at the beginning of a case - involves helping our clients identify, collect, organize and submit this extensive documentation.
If you decide to file bankruptcy, we advise you to make every effort to prepare your case right the first time, as your right to re-file a case has been significantly limited under the new bankruptcy law. Because of these restrictions on re-filing and because of the increased complexity of the bankruptcy laws, your choice of bankruptcy counsel takes on increased significance.
How to Get a Free Bankruptcy Case Evaluation
If you will fill out our two page Georgia bankruptcy questionnaire and fax it to us at 770-393-0240, we will review your case at no charge and advise you by phone or e-mail about your likely options, both bankruptcy and non-bankruptcy. If, after educating yourself about these options, you decide to pursue bankruptcy relief, we will schedule an office appointment and provide you a detailed list of the documents we will need prior to actually filing.
Please also use this web site as a resource to learn more about the Chapter 7 or Chapter 13 process. Ginsberg Law Offices also publishes a Georgia consumer bankruptcy blog, where you will find additional information.
Thank you for considering Ginsberg Law Offices and we look forward to hearing from you soon.
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