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What
are the main purposes of bankruptcy for those who cannot
pay their debts?
For individuals who cannot pay their debts—called
“debtors”—bankruptcy has two main purposes. First,
bankruptcy operates to give the people who are owed
money—the creditors—a fair share of the money that the
debtors can afford to pay back..
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How does
chapter 7 work?
In a chapter 7 bankruptcy, debtors give
up certain property that they own at the time they file
the bankruptcy case. This property is sold by a trustee,
who uses the proceeds to pay creditors..
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| At the Law
office of Sampson- Roberts, we are
devoted to providing every client with the
personal attention, courteous service,
professional dedication, and superior
representation that they deserve.
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| Contact |
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SAMPSON-ROBERTS & ASSOCIATES
Bankruptcy Attorneys
1233-B Eagles Landing Parkway
Stockbridge, GA 30281
Tel: (678) 565-9311
Fax: (678) 565-9332 |
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Consultation
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You should
schedule a consultation to determine if you should
file bankruptcy, assess your options, determine
the costs and fees involved.
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I represent clients experiencing financial
difficulties and contemplating bankruptcy.
Filing bankruptcy is not the right choice
for everyone facing financial trouble. |
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However, for many people,
bankruptcy can offer a much-needed fresh start
and provide desperately needed protection from
creditors.
If you are being
threatened with garnishments, repossessions,
foreclosure, and/or receiving constant letters
and phone calls from creditors, you may be
able to benefit from a bankruptcy filing. If
you are overwhelmed with debt and unsure about
what to do, I can help. Together, we will
examine your financial situation and determine
if bankruptcy is the answer. If we decide to
proceed with bankruptcy, we will determine
whether it would be best for you to discharge
as much debt as possible through a chapter 7
filing, or seek additional time to pay off
your debts with a chapter 13 plan. No matter
which path you choose, I will make sure that
you are treated fairly by your creditors and
the bankruptcy court, and I will make sure
that you receive every possible benefit and
protection under the law. |
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