Here our legal team has compiled some important information you need to know about bankruptcy in general. Please contact us at 770.488.9315 for more information, or to schedule your free visit with one of our debt relief experts.

Here are just a few facts about bankruptcy:
• Bankruptcy is a way to suspend and prevent credit collections. Consolidating debts into monthly payments or liquidating assets to pay off creditors will stop collection calls.

• Bankruptcy law firm Clark & Washington, P.C. specializes in Chapter 13 and Chapter 7 filings. As the largest bankruptcy filers in the state, Clark & Washington, P.C. are experts on which type of filing is best for you and your family.

• Every state allows a debtor to keep some of their assets. Even if you choose to liquidate your assets, you won’t be left empty handed.

• Not all creditors have the same reaction to bankruptcy. Filing for bankruptcy will affect your credit score, but different creditors may view it differently. It is possible to return to a high credit score post-bankruptcy.

• More than 1 million people a year file for bankruptcy and that number is on the rise. You are not alone. Financial struggles and debt plague Americans from all walks of life. Bankruptcy law firm Clark & Washington, P.C. is available to meet your individual bankruptcy needs.