Bankruptcy

Bankruptcy Guidance

Comprehensive Bankruptcy Services in Atlanta

Are you facing overwhelming financial challenges and uncertain about the road ahead? It’s essential to understand that bankruptcy is not something to be ashamed of; it’s a legal process designed to provide you with powerful protection and a fresh start. At Reidy Law Firm, LLC, we believe in helping our clients navigate the complexities of bankruptcy with compassion and expertise. With years of experience in handling Chapter 7 and Chapter 13 filings, our skilled bankruptcy lawyer is dedicated to guiding you through each stage of the process.

We proudly offer comprehensive bankruptcy services in Atlanta and the surrounding areas, including Cherokee, Clayton, Cobb, DeKalb, Douglas, Forsyth, Fulton, Gwinnett, Paulding, Rockdale, and all of North Georgia.

Contact us online or call (678) 993-9554 to discuss your bankruptcy options with our seasoned bankruptcy lawyer today.

two types of bankruptcy

Understanding Your Bankruptcy Options in Georgia

When considering bankruptcy, it’s essential to know the available options that best suit your financial circumstances. In Georgia, there are two primary types of bankruptcy for individual consumers: Chapter 7 and Chapter 13.

Let’s delve deeper into these two options so you can have a better idea of what suits your needs better:

Chapter 7 Bankruptcy

Also known as “liquidation” or “straight up” bankruptcy, Chapter 7 offers a fresh start by discharging certain types of unsecured debts. While some debts, like taxes and student loans, are not dischargeable, you may be able to retain secured debts like your home or car while eliminating unsecured debts. Our bankruptcy services in Atlanta will help you maximize available exemptions, protecting your most important assets.

Chapter 13 Bankruptcy

Chapter 13 is a reorganization bankruptcy where filers propose a payment plan that consolidates debts into a single monthly payment. This option gives you time to catch up on mortgage arrears, tax debt, and other non-dischargeable debts. Upon completing all plan payments, remaining unsecured debt can typically be eliminated. Chapter 13 is often used to prevent foreclosure and repossession, but it’s a longer process compared to Chapter 7, lasting between three and five years.

Let Us Help You Determine Your Eligibility for Bankruptcy in Georgia

Determining your eligibility for bankruptcy in Georgia involves a crucial step known as the Means Test. This test evaluates your financial situation and helps determine which bankruptcy option may be available to you. At Reidy Law Firm, LLC, our comprehensive bankruptcy services in Atlanta include expert guidance through the Means Test to ensure you choose the most suitable bankruptcy option for your specific circumstances.

Here’s a brief overview of the criteria you need to meet in order to qualify for bankruptcy protection in Georgia:

Do I Qualify For Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is designed for individuals with limited or no current income. If you are facing overwhelming debt and have minimal disposable income after deducting allowable expenses, you may qualify for Chapter 7.

Our skilled attorney will work closely with you to analyze your income, expenses, and assets to ascertain your eligibility. We will ensure that you fully understand the implications of Chapter 7 and the potential dischargeable debts, so you can make an informed decision about your financial future.

Do I Qualify For Chapter 13 Bankruptcy?

If you have a stable source of income and can afford monthly plan payments, Chapter 13 bankruptcy may be the right path for you. This form of bankruptcy allows individuals to consolidate their debts into a manageable repayment plan spread over three to five years.

Chapter 13 is especially beneficial for those seeking to save their homes from foreclosure or their cars from repossession. Our dedicated bankruptcy lawyer will conduct a detailed analysis of your income and expenses to determine your eligibility for Chapter 13 and help you craft a realistic repayment plan that fits your financial capabilities.

Reidy Law Firm, LLC, Is Here to Help You Navigate the Bankruptcy Process in Georgia

Facing bankruptcy can be overwhelming, especially if you’re unfamiliar with the procedures involved. At Reidy Law Firm, LLC, we understand your concerns, and that’s why we are dedicated to providing comprehensive support throughout the entire bankruptcy process. From the initial consultation to the final discharge, our experienced bankruptcy lawyer will be with you every step of the way, ensuring you receive the guidance and representation you need to achieve financial freedom.

With us on your side, your bankruptcy case will generally involve the following stages:

Free Phone Consultation

Your journey begins with a complimentary phone consultation. During this initial discussion, you can openly share your situation with our attorney, and together, we'll determine if bankruptcy is the right solution for you. This gives us a chance to understand your unique circumstances and devise a customized plan for your financial recovery.

Free Office Consultation

For those who prefer face-to-face interactions, we offer free initial office consultations at convenient locations and times. This personal meeting allows us to establish a deeper connection and provides you with an opportunity to ask questions and gain a better understanding of the process.

Intake Procedure

Once you've decided to move forward with bankruptcy, we'll guide you through the intake procedure. Our seasoned bankruptcy lawyer will assist you in completing all the necessary paperwork required for the bankruptcy petition. We'll make sure you understand each step and that all the essential information is accurately documented.

Credit Counseling

Before filing your paperwork with the court, you must complete a credit counseling course, as mandated by the U.S. Trustee. Don't worry; we've got you covered! We'll help you find an approved and affordable credit counseling course, ensuring you meet all the necessary requirements.

Filing the Petition

With the credit counseling certificate in hand and all the paperwork completed, we'll take care of electronically filing your petition with the court. This initiates the automatic stay, which provides immediate relief by halting all collection actions against you.

Court Hearings

While most bankruptcy cases involve at least one hearing, commonly known as the "meeting of the creditors," there's no need to be anxious. We'll stand by your side and support you throughout the process. These hearings are typically short and straightforward, and we'll make sure you feel confident and well-prepared.

Financial Management Course

As your case nears its conclusion, you'll need to complete a second online or phone-based course, similar to the credit counseling course. Again, we'll assist you in finding a reputable and affordable option to meet this requirement.

Discharge

Upon successfully completing your bankruptcy case, the court will issue an order discharging qualifying unsecured debts, providing you with the fresh financial start you deserve. This milestone marks the culmination of your bankruptcy journey, and we will continue to be available to support you on your path to a more secure financial future.

"Dennis made my bankruptcy super easy and fast. Did 1000% of the leg work and always was responsive and efficient"

– Alesha

Schedule a Free Consultation with Our Bankruptcy Lawyer

If you are considering bankruptcy as a way to gain control of your finances and get a fresh start, don’t hesitate to contact Reidy Law Firm, LLC. Our dedicated bankruptcy services in Atlanta are designed to support you throughout the process, ensuring you make informed decisions and work towards a debt-free future.

Schedule your free initial consultation today by calling (678) 993-9554 or contacting us online.

Why Clients Choose Us

Support from Start to Finish

Unlike larger firms, we are able to give you personalized attention and service. Feel confident in a firm that cares about getting the best outcome for you.

Flexible Options

We understand that you are going through a difficult time. Flexible payment options and appointments are available for your convenience.

Experience Where it Counts

Knowing you have an experienced attorney allows you to focus on other things, confident that we will see to the details.

Free, No Obligation Consultation

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