How Bankruptcy Can Help You Rebuild in Sandy Springs, Georgia

Located just north of Atlanta, Sandy Springs, Georgia, is a vibrant city known for its upscale neighborhoods, thriving business district, and beautiful natural surroundings, including the Chattahoochee River and an abundance of parks and green spaces. Sandy Springs attracts professionals, families, and entrepreneurs alike. But even in a city as dynamic as Sandy Springs, financial struggles can arise. As a bankruptcy attorney serving this area, I'm dedicated to helping residents regain control of their finances and find a fresh start—no matter what challenges they face.

If you're facing foreclosure, wage garnishments, or calls from creditors in Sandy Springs, Georgia, you likely know how challenging debt can be. It may seem like there's no easy resolution to the stress you're facing, but bankruptcy can provide some relief. The key is to work with an attorney who understands bankruptcy in the Sandy Springs area and can help guide you through your options.

The Craig Black Law Firm understands the stress that financial struggles can bring. For that reason, I take a personal approach to every filing. When you call my office, I pick up the phone and speak to you one-on-one, helping you find the resolution you need. If you're considering bankruptcy in Sandy Springs, give me a call at 678-888-1778 or fill out my contact form, and I'll be in touch.

Filing for Chapter 7 Bankruptcy

Whether you commute to Atlanta, work in Perimeter Center, or are raising a family near Hammond Park, bankruptcy can help you clear your debt and start over. If you qualify, Chapter 7 bankruptcy discharges all of your debts, although some debts will remain, including student loans, child support, and most tax debts.

Before you choose Chapter 7, though, it's important to note that this type of bankruptcy will cost you some assets. The courts will liquidate items like collectibles, second homes, and investments. The laws on this vary by state, and you'll usually be able to keep exempt items like your primary home and car.

Filing for Chapter 13 Bankruptcy

If you have enough income to make regular payments on your debt, Chapter 13 could be a better option. The bankruptcy court will set you up on a payment plan that allows you to pay down your debt over a three- to five-year period. At the end of that timeframe, the remaining debt will be discharged.

Although Chapter 13 bankruptcy allows you to keep your assets, you'll need to have regular income to qualify. You'll also need to ensure you don't miss a payment to avoid your case being dismissed.

How Bankruptcy Provides Relief

The Craig Black Law Firm helps clients throughout the Sandy Springs area, including those living in the Glenridge, Hammond Hills, and North Springs neighborhoods. If you're considering bankruptcy, I can explain the benefits for your particular situation to help you decide whether it's the right choice.

When you file for bankruptcy, debt discharge won't be immediate. But one thing you will see right away is an automatic stay. The stay will instruct all debt collectors and creditors to cease all attempts to collect on the monies owed. The automatic stay will also stop any foreclosures or repossessions, allowing you to keep any property not being seized under Chapter 7.

How the Craig Black Law Firm Can Help

If you're dealing with overwhelming debt, you need an attorney who listens, cares, and will help you find the relief you need. Contact me at 678-888-1778 to speak to me or fill out my contact form.