Atlanta Bankruptcy Law Attorney
You have probably seen numerous ads on television and on the Internet regarding bankruptcy and debt consolidation. These advertisements paint a simple picture of both the process and the ramifications of taking this course of action. Before you make a decision as significant as declaring bankruptcy, it is important to understand its impact on your future and your credit.
At the Law Office of Stanley W. Schoolcraft, III, in Stockbridge, Georgia, we work with clients who wish to declare bankruptcy, ensuring they understand the process and choose options that best reflect their situation. Contact our bankruptcy lawyer today.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy, also called liquidation or straight bankruptcy, is the most common form of bankruptcy. Chapter 7 allows the declaring consumer or business to liquidate most debt. It also results in an automatic stay so that the individual need not fear continued harassment from creditors. A bankruptcy law attorney can help you determine if this is the best course of action for you.
Chapter 13 Bankruptcy
Chapter 13 provides the means for individuals to pay off debt following a court-approved schedule of repayment. A record of this action remains on your credit report for a period of 10 years, yet can stop foreclosures and repossessions.
Creditors' Rights
Our firm also represents creditors trying to obtain remuneration from clients. We understand bankruptcy law, as well as both sides of the credit issue. We use this knowledge to assist clients in collecting on consumer debts. This may include filing lawsuits, representing creditors in bankruptcy proceedings, foreclosing on default payment homes, and recovering (replevin) of purchased goods for failure to pay.
To find our more information regarding our bankruptcy practice or to discuss a criminal law or family law issue, we invite you to contact the Law Office of Stanley W. Schoolcraft, III, today and schedule an initial consultation.
Law Office of Stanley W. Schoolcraft, III
245 Country Club Drive
Building 200D
Stockbridge, GA 30281-7212
Tel: 678-289-9969
Fax: 678-289-8240
Email