Atlanta Bankruptcy Lawyer | The Wright Law Alliance

How common is bankruptcy?

Before 2020, cases of bankruptcy had been on a steady decline. Yet, experts are predicting there may be a surge in the number of cases in the coming months. The uncertainty that hovers around COVID-19 will unfortunately force many people into bankruptcy.The most common type of bankruptcy, Chapter 7 and Chapter 13There are several forms of bankruptcy that one can file to find financial relief.

Does bankruptcy help or hurt my credit?

Bankruptcies generally help improve your credit as they can eliminate all of your debt (Chapter 7) or they’ll combine your debt and reduce it (Chapter 13). The exception to this is if you have federal student loans. Creditors are always looking for credit-worthy customers and this process can help.

Can creditors still call/text me when I’ve filed for bankruptcy protection?

No, they cannot contact you. By law when you file for bankruptcy protection creditors have to stop calling you. If they do call they are in violation of the bankruptcy automatic stay and you can contact the Wright Law Alliance to assist with the situation.

How fast can my bankruptcy be filed?

Once we have all of the information we’ve requested from you we can file the same day or the next day (Excluding weekends and holidays). We will file your case through the Bankruptcy Court’s online filing system.

Once I’ve filed for bankruptcy when can I start building my credit?

Once the bankruptcy discharge is complete you can begin rebuilding your credit.