Atlanta Bankruptcy Law Blog

DMX's bankruptcy filing shows major child support debt

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Wednesday, July 31, 2013.

One concern that many bankruptcy filers have in Georgia is whether bankruptcy will affect their child support obligations. While filing for bankruptcy can allow a person to eliminate or resolve many debts, child support is among the few debts that are generally not dischargeable.

Continue reading DMX's bankruptcy filing shows major child support debt...

Tags: Chapter 7

Will filing for bankruptcy affect your taxes?

On behalf of Gingold & Gingold LLC posted in Liens on Friday, July 26, 2013.

Many people who are considering seeking bankruptcy protection are concerned about taxes. Are tax liens stayed in bankruptcy? Are discharged debts taxed? Depending on the type of bankruptcy a person is filing, and his or her tax obligations and debts, the tax concerns will vary.

Continue reading Will filing for bankruptcy affect your taxes?...

Tags: bankruptcy, income

Is the manufacturing job market improving in Georgia?

On behalf of Gingold & Gingold LLC posted in Chapter 13 on Wednesday, July 24, 2013.

A recent report suggests Georgia's manufacturing industry is on the mend. According to the 2014 Georgia Manufacturers Register, Georgia has experienced 1.6 percent growth in manufacturing jobs from May 2012 to May 2013. This is more than double the growth during the same period from 2011 to 2012, as well as ahead of the national average.

Continue reading Is the manufacturing job market improving in Georgia?...

Tags: Chapter 13, Chapter 13 bankruptcy, debt relief, stop creditor harassment

Beware of debt relief scams

On behalf of Gingold & Gingold LLC posted in Bankruptcy on Friday, July 19, 2013.

When Atlanta area residents are in need of debt relief, it is critical that they seek guidance only from qualified, reputable legal professionals. Unfortunately, there are a number of individuals and companies out there that promise debt relief services and end up swindling people.

Continue reading Beware of debt relief scams...

Tags: bankruptcy, debt relief, law firm

Wrongful foreclosure lawsuit hits JPMorgan Chase

On behalf of Gingold & Gingold LLC posted in Foreclosure on Wednesday, July 17, 2013.

The foreclosure crisis has claimed the homes of many Atlanta area residents in recent years. While the housing bubble and its subsequent burst are very complicated matters, we now know that systematic wrongdoing on the part of banks was a factor in the crisis. Improper foreclosures have, unfortunately, likely impacted many families here in Georgia.

Continue reading Wrongful foreclosure lawsuit hits JPMorgan Chase...

Tags: Bankruptcy, foreclosure, homeowner, mortgage payments

Atlanta college proposes $20M plan to bankruptcy court

On behalf of Gingold & Gingold LLC posted in Chapter 13 on Sunday, July 14, 2013.

A newly-announced $20 million plan could help Atlanta's Morris Brown College reorganize and stay in operation. The college filed for bankruptcy a month ago and recently submitted the plan to bankruptcy court. School officials say they think the plan could help the college settle some of its debts while still keeping most of the campus in one piece.

Continue reading Atlanta college proposes $20M plan to bankruptcy court...

Tags: Chapter 13

Bennigan's CEO has a post-bankruptcy plan for success

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Friday, July 12, 2013.

When small business owners here in Atlanta begin drowning in debt, a number of them feel like they have no options other than putting up a "Going out of Business" sign and calling it a day. However, in many cases business do have a number of opportunities that can help resolve debt problems and keep doors open. In some cases, bankruptcy allows business owners to do this.

Continue reading Bennigan's CEO has a post-bankruptcy plan for success...

Tags: Chapter 7, Chapter 7 bankruptcy, debt relief, struggling with debt

Toni Braxton finally settles bankruptcy case

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Wednesday, July 10, 2013.

Toni Braxton fans here in Atlanta may have heard that the Grammy-award winning musician recently settled her second bankruptcy case. Her first bankruptcy occurred in 1998.

Continue reading Toni Braxton finally settles bankruptcy case...

Tags: Chapter 7, Chapter 7 bankruptcy, fresh financial start

Student loan interest rates to double

On behalf of Gingold & Gingold LLC posted in Chapter 13 on Wednesday, July 3, 2013.

If you are an Atlanta resident who has attended college in recent decades, the chances are that you financed it with student loans. Student loan borrowing has become the primary method of financing higher education in the U.S. With tuition the way it is, it seems as though only the very wealthy can manage to pay for college out-of-pocket.

Continue reading Student loan interest rates to double...

Tags: Chapter 13, debt relief