Millions of Americans have received protection under U.S. bankruptcy law. The bankruptcy code has protected millions of people like you and is designed to be a debt relief tool. There is a misconception of what happens when you file for bankruptcy. While the foundation for bankruptcy is defined on the federal level, each state decides how bankruptcy works.
Question: What Happens When You File For Bankruptcy?
Answer: It is a great question and one that has many answers. Upon filing for bankruptcy the ourt issues a protection. This courted ordered protection stops creditors from contacting you. This includes:
- Contact from Creditors
- Garnishments
- Repossessions
- Harassing Phone Calls
While you are going through the bankruptcy process the above will not occur. This will allow you to stop worrying about your debt. By worrying about your debt less, you will have an opportunity to begin to move past it and start thinking about the future.
The step of filing for bankruptcy can be a tough one. Sharing your financial information is a sensitive topic for many, especially for those that are in a tough situation. By talking to a bankruptcy lawyer, he will be able to review your options, explain how the U.S. bankruptcy code works, and how it is implemented in Georgia. He can discuss options around Chapter 7 and Chapter 13 bankrupcy and of course, give you a better idea of what happens when you file for bankruptcy in Georgia.
For clients of Berry & Associates, many of our Georgia bankruptcy cases are based in Atlanta. We have helped over 25,000 residents with personal bankruptcy cases. We have over 10 metro Atlanta offices, so it is easy to find a bankruptcy lawyer.
