Losing your job is bad enough. Losing your job with a pile of unpaid bills can make you feel like there's no way out. But if you're in Atlanta, Sandy Springs, or one of many other towns in Northwest Georgia, Chapter 7 could be just the fresh start you need right now.

The Craig Black Law Firm works directly with hardworking folks who've hit hard times. Whether you're behind on your car note in Cobb County, facing foreclosure in Fulton County, or worried about wage garnishment in Marietta, Chapter 7 could clear your debt so that you can breathe again. If you're facing tough times, give me a call at 678-888-1778 or fill out my confidential contact form.

What Is Chapter 7 Bankruptcy?

Chapter 7 is the most common form of bankruptcy, since it wipes out all debt. There's a downside to Chapter 7, though, in that some of your assets will be seized to pay back your creditors.

If you've been laid off from your job, though, Chapter 7 can provide just the relief you need. You'll have to pass a means test, though, and that means test looks at your previous six months of income. If you just lost your job in Fulton County, your income may look “too high” on paper, requiring you to wait a little longer before filing.

Can Chapter 7 Help After a Job Loss?

Chapter 7 can help after a job loss if you're struggling with overwhelming debt or you fear losing essential assets like your home and car. If you qualify for Chapter 7, here are a few ways it can help when you're unemployed:

• Stopping foreclosure and repossession: Once your bankruptcy filing is approved, the court will issue an automatic stay that halts all action against you. That includes impending repossessions and foreclosures. This is only temporary, but it allows you to regroup and find a way to save your house and vehicles.
• Halting wage garnishments: Even if you aren't currently employed, the automatic stay will put garnishments on hold. That will free you up if you're able to grab some part-time work or land a new job.
• Erasing unsecured debts: Chapter 7 wipes out many types of unsecured debts, including credit cards, medical bills, and personal loans.

While Chapter 7 might not be the best choice for everyone, it's worth considering. Whether you live in Conyers, Rockdale County, or right here in Atlanta, the Craig Black Law Firm can take a look at your situation and advise you on your options.

Personal Help from an Experienced Attorney

The Craig Black Law Firm knows how frustrating mounting debt can be, especially if you've recently lost your primary source of income. Getting the runaround when you call a law firm only adds to the stress. That's why I make a point to answer each call personally. When you reach out to us at 678-888-1778, you'll speak directly to me. You can also request a call by filling out my contact form.