Stop Lawsuits And Judgments

Put an end to threats of suits and judgements

When you owe people money and can’t pay them, it stands to reason that there’s a strong possibility at least some of them will decide to take legal action against you. If you owe a lot of money and there really isn’t a way to pay what you owe, bankruptcy can be a really good way of stopping these lawsuits.

Depending on the type of bankruptcy you opt for, you might even succeed in eliminating certain debts altogether.

The Georgia Lawsuits Bankruptcy Can Stop

Bankruptcy can stop just about any lawsuits from overdue credit cards and medical bills to utility and loan debts. But you will need to file for either a Chapter 7 or Chapter 13 bankruptcy before a bankruptcy attorney can stop any judgments that are already in the system.

So, perhaps it’s more useful to specify which debts are not dischargeable:

  • Those that relate to spousal or child support.
  • All student loans – there are absolutely no exceptions.
  • Awards made for death or injury caused by driving under the influence (DUI.)
  • Indebtedness to government entities including fines, courts costs, restitution in criminal cases, and taxes (excluding income tax.)

How Bankruptcy Can Stop Lawsuits in Georgia

When a creditor takes legal action that results in a judgment against you, it may be possible to stop the creditor’s capability to collect. However, it’s important to realize that a judgment will create a lien on your property. So, if you sell your home, creditors that have a lien on the property will get paid from the proceeds of the sale. While it is possible to file a motion in court that will avoid a lien when you file for bankruptcy, this isn’t always successful. Also, it doesn’t happen automatically when you file for bankruptcy.

Some debts are dischargeable while others aren’t. But even if the debt is dischargeable, creditors often object to discharge. Even if they don’t object and the lawsuit is discharged, a lien might remain in place.

If you are being threatened with a lawsuit, the skilled bankruptcy attorneys at the Law Offices of Stanley J. Kakol can help stop judgments against you before they are finalized. But to be fully effective, you will need to file for bankruptcy. The question is whether a Chapter 7 or a Chapter 13 is the best route for you to take.

When you call us, one of the Kakol Bankruptcy attorneys will assess your position and help decide which is best. This will depend on the lawsuit against you as well as your personal financial position.

How Kakol Bankruptcy Can Stop Lawsuits Against You

There is no doubt that bankruptcy offers a very powerful tool to fix financial problems. If you live in Georgia, your first step will be to call the Law Offices of Stanley J. Kakol and make an appointment for a free consultation with one of our bankruptcy attorneys.

We will consider your options and advise you. Talk to us as soon as possible to avoid unnecessary stress. We want to help you get back on track as quickly as possible.