Protect Your Assets · Atlanta Bankruptcy Lawyers
How Can You Protect Your Assets From Your Creditors?
If you have fallen behind on your debts and your creditors are threatening to send these debts to collection agencies, you may be worried about what will happen to the assets you have worked so hard to build up — your home, car, bank accounts, retirement accounts and other property.
Thankfully, the U.S. bankruptcy laws and Georgia’s homestead exemption law are on your side. At the law offices of Gingold & Gingold LLC, you can rely on our Atlanta bankruptcy attorneys to protect your assets while discharging (wiping out) some or all of your debts.
We have the experience to help you make the right decisions. Attorney Ira D. Gingold has been a bankruptcy lawyer since 1971 and Court-appointed Bankruptcy Trustee from 1971-2013, and Jamie L. Gingold has been practicing bankruptcy, real estate and business law since 2001.
Helping You Use State and Federal Laws to Your Advantage
If you have defaulted on your debts, your creditors may be able to sue you and get a judgment. Once this has happened, there are a number of things they can do to attach your assets. Depending on the specific facts of your situation, they may be able to:
- Put a lien on your home
- Foreclose on your home
- Levy on your bank accounts
- Garnish your paychecks
- Repossess your vehicle
Filing bankruptcy protects your assets by putting an immediate stop to all these debt collection efforts. In addition, your experienced bankruptcy lawyer can make sure you are taking full advantage of Georgia’s homestead exemptions so you can keep all of your assets.
Despite their name, these homestead exemptions do not just apply to real estate. There are many types of exemptions your attorney can use to make sure your assets are protected.
Fulton County Attorneys · Chapter 13 and 7 · Free Consultation
To discuss how our attorneys can protect your assets from your creditors, call us today at (404) 685-8800 or e-mail us to schedule a free consultation. We have five convenient office locations, and evening and weekend appointments are available.