Woodstock 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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Joshua Arnold Nelson

International Tax, Bankruptcy, Elder Law, Administrative Law, Business

Josh Nelson is an Attorney and Alliance Architect for Nelson Elder Care Law. He focuses his practice on finance, banking, and insurance to compliment ... (more)

CONTACT

678-250-9355

2230 Towne Lake Pkwy, Woodstock, GA 30189

A. Keith Logue

✓ VERIFIED

Divorce & Family Law, Bankruptcy & Debt, Business, Litigation

As you realize, the relationship between an attorney and a client is steeped in rich tradition and is cloaked in trust, open communications and a desi... (more)

CONTACT

770-321-5750

3423 Weymouth Court, Marietta, GA 30062

Evan M. Altman

✓ VERIFIED

Medical Malpractice, Bankruptcy, Business, Estate

Georgia

Mr. Altman concentrates his practice in the areas of bankruptcy, corporate law, personal injury, medical malpractice, product liability and general li... (more)

FREE CONSULTATION

CONTACT

800-974-1130

Northridge 400, 8325 Dunwoody Place, Building Two, Atlanta, GA 30350

Brian Spencer Limbocker

Insurance, Bankruptcy, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing

CONTACT

2230 Towne Lake Parkway, Woodstock, GA 30189

Jessica Marie Chapman

Family Law, Divorce & Family Law, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

225 Creekstone Ridge, Roswell, GA 30188

Caryn S. Fennell

Litigation, Family Law, Criminal, Bankruptcy

Status: In Good Standing Licensed: 14 Years

FREE CONSULTATION

CONTACT

160 North Street, Canton, GA 30114

Alice Blanco

Commercial Real Estate, Credit & Debt, Collection, Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

12110 Brookfield Club Dr, Roswell, GA 30075

Alice Allen Blanco

Commercial Real Estate, Dispute Resolution, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 40 Years

CONTACT

12110 Brookfield Club Dr, Roswell, GA 30075

Zhierlynn Mae Hartman

Real Estate, Employment, Criminal, Bankruptcy

Status: In Good Standing Licensed: 21 Years

CONTACT

103 Summerchase Cove, Woodstock, GA 30189

Salvatore John Perillo

Litigation, Credit & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 34 Years

CONTACT

406 Elkhorn Cove, Woodstock, GA 30189

800-923-0641

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LEGAL TERMS

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

CHAPTER 13 PLAN

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to ... (more...)

A document filed in a Chapter 13 bankruptcy in which the debtor shows how all of his or her disposable income will be used over a three- to five-year period to pay all mandatory debts -- for example, back child support, taxes, and mortgage arrearages -- as well as some or all unsecured, nonpriority debts, such as medical and credit card bills.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

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.

BANKRUPTCY

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are ... (more...)

A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts. There are two types of bankruptcies -- liquidation, in which your debts are wiped out (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts. For both consumers and business, liquidation bankruptcy is called Chapter 7. For consumers, reorganization bankruptcy is called Chapter 13. Reorganization bankruptcy for consumers with an extraordinary amount of debt and for businesses is called Chapter 11. Reorganization bankruptcy for family farmers is called Chapter 12.

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.

CHAPTER 13 BANKRUPTCY

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your inc... (more...)

The reorganization bankruptcy for consumers, in which you partially or fully repay your debts. In Chapter 13 bankruptcy, you keep your property and use your income to pay all or a portion of the debts over three to five years. The minimum amount you must pay is roughly equal to the value of your nonexempt property. In addition, you must pledge your disposable net income -- after subtracting reasonable expenses -- for the period during which you are making payments. At the end of the three-to five-year period, the balance of what you owe on most debts is erased.

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily fu... (more...)

A national non-profit agency that, at no cost, helps debtors plan budgets and repay their debts. One major criticism of CCCS is that each office is primarily funded by voluntary donations from the creditors that receive payments from debtors repaying their debts through that office. Despite this criticism, most CCCS counselors provide clients with thorough and neutral advice.

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.

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Woodstock Bankruptcy & Debt Lawyer, Georgia

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Wakhisi-Douglas LLC

SPONSORED LAWYERS

Joshua Arnold Nelson

A. Keith Logue

Evan M. Altman

Brian Spencer Limbocker

Jessica Marie Chapman

Caryn S. Fennell

Alice Blanco

Alice Allen Blanco

Zhierlynn Mae Hartman

Salvatore John Perillo

TIPS

LEGAL TERMS

ABUSE

CHAPTER 13 PLAN

PREFERENCE

BULK SALES LAW

BANKRUPTCY

S CORPORATION

CHAPTER 13 BANKRUPTCY

CONSUMER CREDIT COUNSELING SERVICE (CCCS)

DISPOSABLE INCOME

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