Atlanta Bankruptcy Law Blog

Evidentiary issues plague Georgia credit card debt lawsuits (2)

On behalf of Gingold & Gingold LLC posted in Bankruptcy on Friday, August 31, 2012.

Earlier this week, we began a discussion of the growing problem of inaccurate or outright fraudulent credit card debt lawsuits. Thousands of these suits are filed every month in metro Atlanta courts, and advocates say that number will probably continue to rise.

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Tags: Georgia, credit card debt, creditors, debt collector, lawsuit

Evidentiary issues plague Georgia credit card debt lawsuits (1)

On behalf of Gingold & Gingold LLC posted in Bankruptcy on Wednesday, August 29, 2012.

Throughout the economic recession and its aftermath, much attention has been paid to mortgage fraud and the other issues that led to the foreclosure crisis. Lawmakers and advocates continue to work to identify those issues in order to ensure that innocent homeowners can no longer be harmed by fraud and other predatory practices.

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Tags: Georgia, credit card debt, creditors, debt collector, lawsuit

Underwater mortgages plague half of Atlanta homeowners

On behalf of Gingold & Gingold LLC posted in Foreclosure on Saturday, August 25, 2012.

In a recent report on mortgage equity in the U.S., there was good news and bad news for residents of metro Atlanta. In the former category, the percentage of Atlanta homeowners who owe more on their mortgage than their home is worth declined by nearly one percent from the first quarter of 2012 to the second.

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Tags: Atlanta, foreclosure, home prices, homeowner, underwater mortgage

Student loan bankruptcy bill introduced in Congress

On behalf of Gingold & Gingold LLC posted in Bankruptcy on Wednesday, August 22, 2012.

Last month, we wrote a blog post about the recent efforts to make private student loans dischargeable in bankruptcy. Now, it seems that those efforts may become a reality following the introduction of federal legislation that aims to regulate the private student loan industry and, ultimately, give debtors the ability to discharge those loans in bankruptcy.

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Tags: bankruptcy, student loan debt, student loans

Unemployment benefits reinstated for Georgia school employees

On behalf of Gingold & Gingold LLC posted in Bankruptcy on Thursday, August 16, 2012.

In January, the Georgia State Labor Commissioner instituted a change to the state's unemployment program, under which seasonal school workers such as bus drivers and cafeteria employees could no longer receive unemployment benefits during the summer months. As could be expected, this change placed many of the affected workers into a precarious financial position, forcing them to borrow money, forego paying bills or even file for bankruptcy as a result of the forced loss of income.

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Tags: Georgia, bankruptcy, unemployment

Unemployment benefits reinstated for Georgia school employees

On behalf of Gingold & Gingold LLC posted in Bankruptcy on Thursday, August 16, 2012.

In January, the Georgia State Labor Commissioner instituted a change to the state's unemployment program, under which seasonal school workers such as bus drivers and cafeteria employees could no longer receive unemployment benefits during the summer months. As could be expected, this change placed many of the affected workers into a precarious financial position, forcing them to borrow money, forego paying bills or even file for bankruptcy as a result of the forced loss of income.

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Tags: Georgia, bankruptcy, unemployment

Gold medal gymnast filed for bankruptcy

On behalf of Gingold & Gingold LLC posted in Chapter 13 on Tuesday, August 14, 2012.

After winning two gold medals in the London Olympic Games, gymnast Gabby Douglas' days of worrying about money are long gone. The first African-American woman to win the all-around gold medal in gymnastics, Douglas now stands to make millions from appearances and endorsement deals. In fact, she has already agreed to appear upon the cover of the Corn Flakes box in the near future.

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Tags: Chapter 13, bankruptcy, homeowner

Atlanta NFL player struggles with child support after bankruptcy

On behalf of Gingold & Gingold LLC posted in Bankruptcy on Friday, August 10, 2012.

Earlier this week, former professional football player and Atlanta native Jamal Lewis was arrested for his alleged failure to make his court-ordered child support payments to the mother of his son. In a statement to the media following his arrest and release from jail, Lewis denies that he is behind on child support, stating that the charges against him are the product of a simple misunderstanding.

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Tags: Chapter 11, Chapter 13, bankruptcy, child support

Chapter 13 bankruptcy and co-signing loans

On behalf of Gingold & Gingold LLC posted in Chapter 13 on Wednesday, August 8, 2012.

Although bankruptcy has become significantly more common in recent years due to the economic recession and its aftermath, there are still many misconceptions about the legal process of bankruptcy. For example, many people believe that filing for bankruptcy will result in the loss of any and all assets, including homes, cars and personal belongings.

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Tags: Chapter 13, bankruptcy, credit score, creditors, trustee

Bankruptcy filings drop in first half of 2012

On behalf of Gingold & Gingold LLC posted in Bankruptcy on Friday, August 3, 2012.

According to recently released federal data, the number of bankruptcies filed in the first half of 2012 was significantly lower than the number of filings made during the same time period last year. In fact, both consumer and business bankruptcy filings fell to levels that were last seen prior to the economic recession in 2008. If these numbers remain constant through the end of the year, they may indicate that the national economic picture is, slowly but surely, improving.

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Tags: bankruptcy, bankruptcy filings, economy, recession