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770-918-8000  ATLANTA

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706-552-3328  ATHENS

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478-474-3328  MACON

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1-888-889-3328  STATE-WIDE

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Georgia Bankruptcy- A Brief History

The following is an adaptation of the transcript of

“Georgia Bankruptcy- A Brief History”.

2109711Bankruptcy is a necessary tool in an orderly society. For our purposes bankruptcy is defined as a legal proceeding involving a person or business that is unable to timely pay outstanding debts.

The reason for bankruptcy is to have a legal peaceful way to adjust debts between individuals and business entities. Without it violence and aggressive behavior would be more rampant in our society. People could use guns and muscle to collect debts. You see examples of loan sharks in the movies that will break your knee cap or kill you if you do not pay them on time.

4419569_origBefore America was founded, the English government would put people in jail until their debts were paid. If the prisoner’s family could not pay the debt, the person would stay in jail for years.

In the early 1700’s England had thousands of people in jail for debt. It cost the government a lot of money to house and feed them. In the 1730’s a wealthy philanthropist, James Oglethorpe came up with idea to help those debtors in jail to get a fresh start and to help England.

Oglethorpe and several other wealthy investors persuaded the King of England to allow them to establish a buffer colony named Georgia with the people from the Debtors’ prisons to protect South Carolina from the Spanish, French and Indians. When America established its independence from England and our constitution was drawn up, it had provisions for a system of bankruptcy laws so that people would not be put in prison just for debt.

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Athens Office

The Butler Building
Suite 103
337 South Milledge Ave
Athens, GA 30605
Phone: 706-552-3328

 

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Conyers Office

1036-B Iris Drive SE
Conyers, Georgia 30094
Phone: 770-918-8000

 

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Lawrenceville Office

Suite 109
189 West Pike Street,
Lawrenceville, Ga 30046
Phone: 770-483-3328


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Loganville Office

Loganville Office Center
Loganville Plaza
Suite 110
4396 Lawrenceville Rd.
Loganville, Ga 30052
Phone: 770-918-8012


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Successfully Serving Bankruptcy Clients For Over 35 Years.

HOME | BANKRUPTCY | CHAPTER 13 | CHAPTER 7 | BANKRUPTCY VIDEOS
We serve all of the cities and counties in North and Middle Georgia. We offer fast service and internet filing.

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Change the above stress >into< The above relief and happiness!
CALL US OR E-MAIL US

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Rhymer Law Firm has 4 offices in Georgia. William Rhymer is an attorney that limits his law practice to representing individuals and couples in filing consumer Chapter 13 bankruptcy cases and Chapter 7 bankruptcy cases. He and Rhymer Law Firm have been designated as debt relief agents by the federal bankruptcy law. William Rhymer has been Board Certified in Consumer Bankruptcy Law by the American Board of Certification. The Rhymer Law Firm’s main office is in Conyers, Georgia. We have a satellite bankruptcy office in Lawrenceville, Georgia. We also have a satellite bankruptcy office in Athens, Georgia and in Loganville, Georgia. Through these four bankruptcy offices we Bankruptcy Lawyer counties and you can also google search for us by entering: Athens Bankruptcy Lawyer, Atlanta Bankruptcy Lawyer, Acworth Bankruptcy Lawyer, Arcade Bankruptcy Lawyer , Auburn Bankruptcy Lawyer, Austell Bankruptcy Lawyer , Avondale Estates Bankruptcy Lawyer, Baldwin Bankruptcy Lawyer, Berkeley Lake Bankruptcy Lawyer, Bethlehem Bankruptcy Lawyer, Bishop Bankruptcy Lawyer, Blackshear Bankruptcy Lawyer , Bogart Bankruptcy Lawyer, Bostwick Bankruptcy Lawyer, Bowman Bankruptcy Lawyer, Braselton Bankruptcy Lawyer, Brooks Bankruptcy Lawyer, Buckhead Bankruptcy Lawyer, Canon Bankruptcy Lawyer, Carl Bankruptcy Lawyer, Carlton Bankruptcy Lawyer, Carnesville Bankruptcy Lawyer, Centerville Bankruptcy Lawyer , Chamblee Bankruptcy Lawyer, Clarkston Bankruptcy Lawyer, Clermont Bankruptcy Lawyer , Colbert Bankruptcy Lawyer , College Park Bankruptcy Lawyer, Comer Bankruptcy Lawyer, Commerce Bankruptcy Lawyer, Covington Bankruptcy Lawyer , Crawford Bankruptcy Lawyer, Dallas Bankruptcy Lawyer, Danielsville Bankruptcy Lawyer , Decatur Bankruptcy Lawyer , Doraville Bankruptcy Lawyer, Douglasville Bankruptcy Attorney , Duluth Bankruptcy Lawyer, Dunwoody, East Poin Bankruptcy Lawyer, Elberton Bankruptcy Lawyer, Fayetteville Bankruptcy Lawyer, Flovilla Bankruptcy Attorney, Flowery Branch Bankruptcy Attorney, Forest Park Bankruptcy Attorney, Franklin Springs Bankruptcy Lawyer, Gainesville Bankruptcy Lawyer, Glenwood Bankruptcy Attorney, Good Hope, Gray, Grayson, Greensboro, Griffin, Hampton, Hapeville, Hartwell, High Shoals, Homer, Hoschton, Hull, Ila, Jackson, Jefferson, Jenkinsburg, Johns Creek, Jonesboro, Lake City, Lavonia, Lawrenceville, Lexington, Lilburn, Lithonia, Locust Grove, Loganville, Lovejoy, Lula, Macon, Madison, Mansfield, Marietta, Martin, Maxeys, Maysville, McDonough, Midway, Milledgeville, Monroe, Monticello, Morrow, Mount Vernon, Mount Zion, Newborn, Newnan, Nicholson, Oakwood, Orchard Hill, Oxford, Palmetto, Peachtree City, Pendergrass, Pine Lake, Porderdale, Powder Springs, Riverdale, Roswell, Royston, Rutledge, Shady Dale, Siloam, Smyrna, Snellville, Social Circle, Statham, Stockbridge, Stone Mountain, Sugar Hill, Sunny Side, Suwanee, Talmo, Toccoa, Tucker, Union City, Union Point, Walnut Grove, Washington, Watkinsville Ban kruptcy lawyer, watkinsville Bankruptcy Attorney, White Plains, Winder Bankruptcy Lawyer, Winder Banckruptcy Attorney, Winterville, Woodville, Woodstock, and the following counties: Banks, Barrow, Bartow, Bibb, Butts, Carroll, Catoosa, Chattooga, Cherokee, Clarke, Clayton, Cobb, Coweta, Dade, Dawson, Dekalb, Douglas, Elbert, Fannin, Fayette, Floyd, Forsyth, Franklin, Fulton, Gilmer, Gordon, Greene, Gwinnett, Habersham, Hall, Haralson, Hart, Heard, Henry, Jackson, Jasper, Jones, Lumpkin, Madison, Meriweather, Morgan, Murray, Newton, Oconee, Oglethorpe, Paulding, Pickens, Pike, Polk, Putnam, Raburn, Rockdale, Spalding, Stephens, Towns, Troup, Union, Walker, Walton, White, and Whitfield.

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