Notice:
We are OPEN, and due to COVID-19, we are happy to conduct consultations via video chat, phone, or email. Please don’t hesitate to call us if you have any questions!

Call Today 678.929.8921
Benefit from the Experience of Attorneys Bill and Valerie Sherman Former Assistant Attorney General, Assistant County Attorneys and Magistrate Judge

I need to go bankrupt in Alpharetta, Georgia

Question: I think I need to go bankrupt. I can’t make my payments anymore because I spent too much money. I bought clothes, collectible wrist watches, guns and hunting trips.

I went to auctions to buy Rolex and Cartier watches for my collection, I bought clothes at the mall and had about 15 suits handmade and I went to auctions and bought guns and I went hunting in South Georgia where I killed some pigs and took some major bucks.

It was all fun but the money has added up and the debt is huge and so I need to file bankruptcy. My accountant said the best thing to do when you have too much debt is to file bankruptcy because that gets rid of it and then I can start my life again with my new girlfriend.

I grew up without much money in Macon, GA. Then I moved to Atlanta for a job at the airport and now I live in Johns Creek. I was married but my wife left because of my bipolar and drug issues. I was using pills because I got addicted when I had a back injury from playing tennis.

Now I’m getting calls all day and I don’t think they are going to stop until I do what I need to do. I tried to borrow money from my sister but she doesn’t have much money now. I thought she was rich so I was surprised to hear that she and her husband, who’s a doctor, filed bankruptcy two years ago. I didn’t know doctors filed for bankruptcy.

Please tell me when I can file and what type of bankruptcy I qualify for. I need help and I’d like to schedule a consultation to talk about getting debt relief.

C.E. in Alpharetta, GA

Answer: We will do a financial assessment for you to determine if you qualify for a chapter 7 or a chapter 13 bankruptcy. A chapter 7 will discharge (wipe-out) all of your debt. Basically, the only debts that you can’t get rid of in a chapter 7 are child support payments, student loans and IRS debt (although if the tax debt is more than 3 years old, it may be dischargeable).

Or you may qualify for a chapter 13 bankruptcy. Under a chapter 13, you pay back a portion of your debt, usually over 5 years. As bankruptcy attorneys, we seek to minimize what you would have to pay back in your chapter 13.

We can file bankruptcy for you very quickly. Let’s schedule a consultation and we’ll explain exactly what you need to do to get a bankruptcy filed as quickly as possible.

About Us

We can help you get out of debt. We are Georgia bankruptcy lawyers. Just call us at 678-215-4106.

Attorneys Valerie Sherman and Bill Sherman and their great team will help you navigate the entire bankruptcy system. We proudly serve the entire Atlanta metro area and North Georgia.

Categories: