Bankruptcy Attorney in Gwinnett County
Life after Bankruptcy: Get Relief
Bankruptcy law offers individuals, families and business owners the opportunity to get a fresh start. The benefits can far outweigh the damage to your credit, which can usually be restored if your finances are carefully managed thereafter. If you want more information about bankruptcy and it’s benefits, you should contact a Gwinnett County bankruptcy attorney from our firm today. We can help you to make the decision about how to best resolve your personal or business financial problems, and what to expect after the bankruptcy is finalized with regard to access to credit. This concern should be addressed from a trusted source. It is notable that our clients are often astounded at the relief they feel after filing – they are no longer receiving creditor calls or facing legal threats. They are now free to move forward with a fresh start.
Bankruptcy filings are at an all time high, and continuing to rise. The stigma that was formerly part of filing bankruptcy essentially no longer exists; this is merely an opportunity offered under federal law to get a fresh start. Your credit will not be destroyed forever, and in fact, for many their credit is actually improved, as they no longer owe the debt after it is discharged. Most were already suffering the effects on their credit by the time they filed. Restoring credit after bankruptcy can be achieved by carefully paying all current obligations in a timely manner. You will be getting credit offers within months for high interest, secured cards in most cases, and can begin building up your credit.
Speak with Our Gwinnett County Bankruptcy Lawyers
Buff & Chronister is made up of a group of very experienced bankruptcy attorneys that can advise you how to best manage your credit after bankruptcy. We are a small, boutique law firm that works one-on-one with each individual or business owner. You will never be pushed on to a secretary or paralegal. We will personally help you with all documentation, negotiations, represent you and appear on your behalf at all court dates, and any other legal help you need with regards to your bankruptcy. Don’t hesitate to contact us if you have questions about your bankruptcy, credit score, and financial future.
Gwinnett County Bankruptcy Attorney
The Psychology of Spending and Debt
For those who feel overwhelmed because of consumer debt, it is hard to remember the steps and process that brought them to this place. If you are in a difficult financial circumstance, it could prove helpful to understand the psychology of credit card debt and spending habits in order to prevent this circumstance from recurring. For those who do not know how they have accumulated so much debt within such a short amount of time, we can help them gain a clearer understanding of the root of the problem so that they can develop a healthy financial future. At Buff & Chronister, LLC, we not only help our clients eliminate their debt problem but help them to adequately prepare for the future so that this is not a recurring issue. To gain a better understanding of your debt issue, speak with a Gwinnett County bankruptcy lawyer from our firm today!
Credit Card Habits
Spending more than you can pay off is typically a problem that arises from credit cards. They are designed to put you in debt and keep you there. It takes an individual with an incredible amount of self-control to not fall into the trap that credit cards have set for us. They use manipulation tools, such as anchoring payments, to collect interest and fees from the spender. The psychological tool of anchoring is used to influence the spender’s decision by permitting low monthly payments compared to the amount actually needed to pay off the entire portion. The limits that credit cards provide to the spender are also anchored. Providing the consumer with high limits increases our spending habits and our feelings about budgeting.
The amount you will have to pay off in the future seems minimal compared with the enjoyment you can receive from the product you purchase with a credit card. Future discounting is a psychological tool that credit card companies use to trap consumers. Most individuals can swipe their credit card much more easily then handing over cash. The pain that you feel when handing over cash is immediate whereas the pain of paying off a credit card is in the future. Credit card companies also capture new clients by using this tactic. Even with the understanding that the rates will increase in the future, it is easy to get trapped in the present.
Emotional spending is another culprit of over-consumption. As Americans, we live in a consumer rich culture. Every direction we look, we can observe advertisements for products that we feel we simply must possess. We then come to the conclusion that we will be happier if we purchase that item. This is a positive feeling that always fades very quickly and leaves us in the market to be captivated by the next product we desire. In this country, we believe that hard work equates to financial success. The more we possess, the more successful we feel, which is a trap that many individuals face.
Many individuals use shopping and spending money as an emotional outlet. When we are having a bad day or are in a negative mood, shopping is often used as therapy. It is used by many Americans to eliminate pressure and release feelings of depression and anxiety. When it comes to being trapped in debt, however, these feelings can instantly reawaken. It is important to understand your spending habits and the reasons behind the debt in order to prevent the situation from reoccurring. As your Lawrenceville bankruptcy attorney, we can help you gain a better understanding of the psychology of your personal debt. Contact us today for the assistance you need to get back on your feet and stay there.
Repossession Attorney in Gwinnett County
Stopping Repossession Actions in Georgia
When someone leases, rents, or is making payments on something and they fail to make those payments, the item in question will eventually be repossessed by the lender. Most generally, repossession refers to vehicles that are either being leased, or that the buyer has not finished paying completely. Although repossession can be used for other items, such as boats, other vehicles, or generally any object that one can buy in payments, repossession of cars is one of the more common situations for people who are having financial difficulties. For more information about repossessions and how to stop repossession actions, contact our firm today to consult with a Gwinnett County bankruptcy attorney. We can help you understand what your best options are in avoiding the loss of your car or other assets.
Gwinnett County Repossession Lawyer
When a borrower defaults on their payments, the lender will generally not need to go through a court or other legal channels to have permission to repossess a car. The usual course of action is that the lender will send notifications to the buyer, and if they do not receive payment, or notification from the buyer that a payment is on its way, or if they fail to make arrangements with the lender the lender will hire a repossession firm to pick up the vehicle. They will either tow the vehicle away, or pick the lock or get the key from the buyer.
The added costs of repossession, including storage and towing of the vehicle will now be added to the bill. Buff & Chronister has over 20 years of combined experience in the field of bankruptcy law and all associated financial matters, including repossession actions. We offer individualized legal advice and representation and are able to resolve the issue of repossession for most individuals quickly and effectively, but early intervention is important, so contact us immediately if you are in facing serious financial difficulties.
Wage Garnishment in Gwinnett County
Wage Garnishment: Get Help to Stop Garnishment in Gwinnett County
If your wages are being garnished, you are likely struggling to make ends meet, or even feed and clothe your family. Garnishments can feel particularly unfair when you are struggling to provide for a family, and you may be having up to 25% of your take home pay being diverted. One option you may consider is to file a Chapter 7 bankruptcy. By filing a Chapter 7 bankruptcy, your wage garnishments are immediately stopped, and you will once again receive your full paycheck.
You do not need to wait for a judge to excuse your garnishments; the moment your bankruptcy case is filed, an “automatic stay” goes into effect, and all garnishments and pending garnishments that creditors have against you will be instantly stopped. If you have a garnishment against you, and are considering filing for Chapter 7 bankruptcy, contact a Gwinnett County bankruptcy attorney today to discuss your options.
When you are sued by someone for non-payment, they can get a judgment against you that allows them access to your paycheck before it reaches you. If you had a contract or document that you signed that was an agreement to pay, the judge will likely rule against you. At this point, the judge may authorize a wage garnishment and money will be automatically taken from your paycheck and sent to the person or company to whom you owe money. This can be extremely frustrating and devastating when you are providing for a family and have bills to pay. Contact our firm today to learn more about wage garnishments and what you can do to stop them.
Gwinnett County Bankruptcy Lawyer
Buff & Chronister is a boutique legal firm with over 20 years of experience in bankruptcy and all debt-related legal actions. There are a variety of ways wage garnishment can be brought to a halt, either in debt settlement, debt negotiations, filing for bankruptcy and others. You deserve to have your rights protected, and access to your full paycheck. We can help. If you are struggling with wage garnishment or are threatened with garnishment, contact our firm.
What Is the Difference Between Chapter 13 and Chapter 7?
Posted on Mar 12, 2014 10:54am PDT
Any individual who is considering filing for bankruptcy should be aware that there are different types of bankruptcy protection available. Chapter 7 and Chapter 13 are the two most common types of bankruptcy filed by individuals and couples seeking debt relief. Chapter 7 is often referred to as liquidation bankruptcy, as assets and property that cannot be claimed under state exemption laws can be sold off for the purpose of paying back creditors. Chapter 7 can be extremely beneficial to those who do not have the income necessary to fulfill their financial obligations, and just can’t meet the payments due to financial difficulties.
Bankruptcy can also be employed as an effective foreclosure defense. In Chapter 7, an individual will be able to discharge the majority of their unsecured debt so that they can get a fresh start and regain control of their finances. If you qualify for Chapter 7, our Lawrenceville bankruptcy lawyers with work with you closely to determine what property and assets can be exempted from your bankruptcy proceedings. In most cases, our clients are able to retain all of their personal possessions, including their home when the right legal action is taken.
Individuals who do have a regular source of income, or who do not qualify to file for Chapter 7, may want to consider filing for Chapter 13 bankruptcy protection. In Chapter 13, individuals are given the opportunity to restructure their debts so that they can be paid off within a 3-5 year period. During the repayment period, no further legal actions can be pursued by creditors and interest will not continue to accrue during this time. At the end of the payment period, those debts which have not be paid in full may be eligible for discharge, saving you thousands or more.
If you are considering filing for bankruptcy, you may be wondering how to find a bankruptcy lawyer in Gwinnett County who can help you navigate through this complex process. At Buff & Chronister, LLC, we have years of experience helping individuals resolve their debt-related problems through bankruptcy. We have an in-depth understanding of bankruptcy laws and are compassionate to the needs of our clients. Hiring a bankruptcy lawyer from our firm will greatly improve your chances of obtaining the debt relief you need. To find out if you qualify for bankruptcy protection, contact a Gwinnett County bankruptcy attorney at our firm today.
Braselton Bankruptcy Lawyer
Why hire a bankruptcy attorney?
From time to time, attorneys at Buff & Chronister hear the question, “Why do I need an attorney for bankruptcy?” or “What kind of attorney should I hire?” If you are reading this page, it is more than likely that you have credit card and/or other debts that have become extremely difficult to manage. You may have already suffered a wage garnishment, repossession or need to stop foreclosure on your home. For some, you may see your business going under and are unsure what solution could save you. You need real financial solutions and there is absolutely nothing wrong with that. This is also where a skilled attorney can be the best investment you have made in some time.
Like many federal laws, bankruptcy can be complex and extremely difficult to make your way through. The bankruptcy process begins with finding out if you are qualified and this is where it can start to be complicated. In 2005, the federal laws governing bankruptcy were amended. Among the changes were stricter rules and added documentation to the qualifying procedure. In order to establish your eligibility, a proven Braselton bankruptcy attorney from our firm conducts a standard “means test” which fully assesses your financial condition. Once we are able to show that you are qualified, we can quickly move to the next step of the process. If you are not eligible to file, we can then search for and implement alternatives to bankruptcy that still go towards the goal of discharging your debts. Despite the more stringent rules, we have found that most individuals or companies in severe financial states will still qualify.
Bankruptcy really begins when your petition is filed with the court. What is not generally known is that these petitions are routinely denied. When you file a petition that is not properly documented, for the incorrect kind of bankruptcy or when you were not truly qualified, it has several unwanted effects. You will waste the funds required to prepare and file the petition. In many cases, though, the most undesirable result will be the precious time that is wasted. When we file a correctly prepared petition, you have the opportunity to receive the collections and foreclosure defense that you need, in a timely manner.
Debt Negotiations or Loan Modification as Alternatives to Bankruptcy
The goal of any bankruptcy proceeding is to provide a new beginning to your finances by the discharge of your debts. This is achieved through various types or chapters of bankruptcy. Frequently, a mechanic can only use a precise tool to repair a piece of machinery and using the wrong tool just won’t work. Likewise, it is vital that we review your debts, assets, income and other aspects of your finances to determine whether Chapter 7, 11 or 13 is the exact financial solution for you.
In searching for the best attorney for your needs, we offer three pieces of advice. First, retain a lawyer who is significantly experienced in bankruptcy laws and rules. Second, only use a firm that has successfully helped others with their debt problems in the past. Over the past two and a half decades, our firm has assisted thousands of families with their financial difficulties. Additionally, we have helped numerous businesses, large and small, to file for bankruptcy. To defend clients against creditors who have violated the Fair Debt Collection Practices Act, we have tried more than 40 cases to a jury verdict.
The last piece of advice is to look for a firm that is experienced in solutions outside of bankruptcy, as it is not always the best financial method to overcome your debts. In some cases, we utilize loan modification, debt settlement, deed in lieu of foreclosure or debt negotiations to better assist our clients. In an area like Braselton where foreclosures are high, there is a great need for answers to how to save your home or get out from under a mortgage. Once we have completed a review of your situation, we can then propose the best way to get you back in control of your finances.
Daily, we work with good people who have run into severe financial troubles. We understand that your choice of attorney is personal, as is the decision to file for bankruptcy. We also know that behind the facts and figures are individuals who only want a fresh start. Your best hope to succeed in overcoming the debts you currently face is through the use of a skilled, committed attorney.
In addition to Braselton, our firm serves all of Gwinnet County and we look forward to the opportunity to help you and your family.
To understand all that can be done to overcome your debts, contact a Braselton bankruptcy lawyer from our firm today.
Gwinnett County Bankruptcy Attorney
Helping Seek Debt Relief in Lawrenceville & Gwinnett County, Georgia
Getting the immediate legal help you need in filing for bankruptcy is important, and who you choose to represent you can significantly impact the final outcome with regard to debt, speed of resolution and other crucial issues. At Buff & Chronister, our dedicated legal team possesses more than 20 years of combined experience, and we pride ourselves on providing personal, one-on-one service to all of our clients.
You will not be shoved off onto an assistant, paralegal or first-year attorney, but be handled directly by a skilled Gwinnett County bankruptcy lawyer from our legal team. Any person that is facing financial problems will require aggressive, high quality and professional legal counsel if they hope for success. We are experienced litigators and are proud of the many favorable verdicts we have achieved for our clients, from individuals to businesses.
Areas of Practice: Chapter 7, 11 and 13 Bankruptcies
Our firm represents individuals, families and business owners in bankruptcy filings and throughout the bankruptcy process. There are a large number of bankruptcy myths and you need to find out the truth about both the advantages and risks you will face from a trusted source. You may have questions about bankruptcy exemptions or the many potential alternatives to bankruptcy that could resolve your financial problems. You may not need to file bankruptcy, and we can take on your creditors and get them under control.
We provide focused, high quality legal representation in Chapter 7, Chapter 11, and Chapter 13 bankruptcies. We are exceptionally aggressive in collections defense, resolving financial problems involving credit card debt, and in discharging your debt through bankruptcy. We also provide legal services in debt settlement, debt negotiation, debt relief, and in arranging a deed in lieu to help our clients who are hoping to avoid foreclosure.
You are protected under the Fair Debt Collection Practices Act, and any case of creditor harassment will be addressed with aggressive legal action. We fight for our clients in foreclosure defense, negotiating with lenders in a loan modification, and can answer your questions about how we can help you with the means test. We can help you fight back against any threats regarding repossessions, pursue a short sale, stop garnishment, stop foreclosure, and address wage garnishment. Our Georgia bankruptcy lawyer is prepared to find the best opportunities for you and your interests. When you are facing financial difficulties, you need a qualified lawyer with the credentials and experience that will best protect you, and we can help.
Struggling with debt? Contact our Gwinnett County firm today!
Many law firms are limited in their understanding of the federal bankruptcy laws and do not offer legal services in bankruptcy and debt-related issues to business owners; this is one of our busiest areas of practice. We provide the educated and professional representation needed, even in the most complex legal issues surrounding financial matters and bankruptcy.