I’m drowning in debt. Is bankruptcy for me?
Quite possibly. Despite the social stigma, bankruptcy is often the fastest and most efficient way to get back in good financial standing. Contact our office today to speak with an attorney who can assess your circumstances and make an informed decision about whether or not bankruptcy is the best option for you.
I’m unemployed and unable to pay my debts. Under which type of bankruptcy should I file?
Your lack of income will most certainly pass the Georgia means test, which requires Chapter 7 filers to have an income of less than the Georgia median income level based on the size of your household. This will allow you to liquidate your assets and come out of the bankruptcy process with the majority of your debts wiped out in just three to five months.
I don’t want to lose my house! Which type of bankruptcy will allow me to keep it?
It may be possible to keep possession of your home through either Chapter 7 or Chapter 13 bankruptcy, however, filing for Chapter 13 bankruptcy will allow you to retain your original mortgage and make payments over time.
Do you offer counsel for all types of bankruptcy?
The Law Office of Danielle J. Eliot, P.C. only provides representation for Ch. 7 and 13 bankruptcy cases.
What is secured debt?
Secured debt is given on a collateral basis to ensure payment. Examples of secured debt include mortgage payments, car payments, and other things that can be repossessed if you fail to pay.
What is unsecured debt?
Unsecured debt is given based on your credit score and trustworthiness with no collateral needed. Examples of unsecured debt include credit card debt, student loans, medical bills, and more.
Will filing for bankruptcy protect someone who cosigned a loan for me?
If you file for Chapter 13 bankruptcy, any co-signers of your loans will be protected from collection efforts.
I see that your office is located in Marietta. Do you meet with clients from other parts of Georgia?
Yes. We serve clients throughout the Atlanta metro area and Paulding, Cherokee, and Rockdale counties. We will come to you if you are unable to travel to our office.
What hours are you available for client appointments?
Our normal business hours are Monday through Friday, but we offer flexible appointment times throughout the week and weekends, as well as evenings.
Does your firm offer free consultations?
Yes! Simply call us today to schedule yours.