Frequently Asked Questions

Douglas & Cobb County Bankruptcy Lawyer

What is the purpose of bankruptcy?

Bankruptcy is a federal-court based system which operates with the purpose of relieving you of all or most of your debt. The end result is a fresh start on your finances. Whether it is Chapter 7 or Chapter 13 that you file, the intention is to help you get back on your feet when your debts become too large to manage on your own.

Will I still be able to keep my home?

Depending on the type of bankruptcy that is filed, you will be able to retain the majority if not all of your assets, such as your home, your vehicles and other personal property. A knowledgeable Douglas County bankruptcy attorney, at The Faucette Law Firm, LLC can help you to understand Chapter 7 vs. Chapter 13 bankruptcies and help to determine what type will work best for your individual situation.

What are the benefits of bankruptcy?

The first and foremost benefit is to bring you debt relief. Beyond that end goal, the process of bankruptcy can provide many, more immediate solutions to financial situations. Once we file your petition for bankruptcy, the courts will automatically issues orders to halt debt collection actions by your creditors. Bankruptcy provides foreclosure defense so that you can retain your home. In addition, wage garnishment, repossession of your vehicles and creditor harassment can each be quickly halted through bankruptcy.

Can a small business file for bankruptcy?

Yes, Chapter 7 bankruptcy can be used by a small business to liquidate their assets and use the proceeds to pay off their debts. If debt remains after this process, it will be discharged through the courts.

Why Hire The Faucette Law Firm?

If you are in a tough financial situation, our attorneys are ready to assist you as they have thousands of others. Our success comes from the personalized service we provide. We treat you as an individual, not just a number in a bankruptcy filing assembly line. You have access to us 24 hours a day, 7 days a week and the attorney who begins work on your case will stay with you throughout your bankruptcy proceeding. We are also pleased to serve those in Douglasville, Fulton County, Cobb County and Douglas County.

Contact a Douglas & Cobb County bankruptcy lawyer for answers to your bankruptcy questions and how you can achieve debt relief.