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..
 
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..

ABOUT US
Welcome to the SAMPSON-ROBERTS & ASSOCIATES’ website.  We limit our practice exclusively to bankruptcy counseling.  In the event that filing bankruptcy is warranted, our attorneys are licensed by the state of Georgia to file Chapter 13 and Chapter 7 bankruptcy petitions and to be your advocates in a court of law.  We offer same day appointments, and extended evening and weekend hours.
 
Our attorneys are available for free office consultations.  We are very proud of the quality of our services and the number of people we have been able to help.  We are thankful for the opportunity to provide much needed assistance to those in our community who cannot obtain it for themselves.

We are conveniently located in Stockbridge, directly across from the Henry County Medical Center (hospital),  ½ mile East of I75 exit 224 (Eagles Landing Parkway).

Thank you for entering our website. If you have any questions, please feel free to call us at 678-565-9311. 

 
 

 
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