Best Bankruptcy Lawyers in Marietta, GA

Maybe! This depends on your personal situation and set of facts. If you are overwhelmed by debt, facing a possible foreclosure or repossession or have a pending lawsuit or garnishment, a bankruptcy may very well provide you with some very needed relief and allow you an opportunity to get back on your feet. Whether you ultimately make the decision to file or not is personal, but it is worth speaking with an experienced bankruptcy attorney to discuss your situation, review your options and answer your questions about the process.

In most circumstances a bankruptcy filing will stop, either temporarily or permanently, a pending foreclosure. Depending on the chapter filed and plan in place, the filing will either provide you temporary relief, giving you time to move your family and belongings on your own timeline, or it may allow you to catch up the arrears owed to the lender on a more manageable basis, giving you an opportunity to get current and stay in the home.

Filing a Chapter 7 or 13 bankruptcy will stop wage garnishments in most circumstances and allow you to either discharge the debt entirely or restructure the debt in a more manageable way according to your budget. If a bankrutpcy is not possible, alternatives may also be available that would stop the garnishment and give you some necessary relief.

Under the Fair Debt Collection Practices Act, restrictions are placed on creditors and collection agencies regarding their collection methods and how they report to credit reporting agencies such as Equifax, Experian and TransUnion. If creditors are harassing you, you are not alone and may have recourse against them if their methods violate the law. Moreover, you may qualify for either a bankruptcy filing or other alternatives to bankruptcy that would put an end to the never-ending collection calls while resolving your debt.