Atlanta Bankruptcy Law Blog

Belle Foods receives 'stalking horse' bid of $16.3 million

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Friday, September 27, 2013.

Although bankruptcy auctions are more commonly associated with Chapter 7 bankruptcy, they may be utilized in a Chapter 11 filing as well. This was the case for Belle Foods, a southern grocery store chain.

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Tags: Chapter 7, Chapter 7 bankruptcy, liquidation

Owner of shady debt collection agency in Atlanta area is arrested

On behalf of Gingold & Gingold LLC posted in Wage Garnishment on Wednesday, September 25, 2013.

Atlanta residents who struggle with debt may be surprised to learn that federal law actually bans debt collectors from threatening and harassing debtors. Many debtors in Georgia have been subjected to creditor harassment and other illegal debt collection tactics, without knowing that they are protected from such treatment by law. When a person begins to face wage garnishment, liens or aggressive communications from debt collectors, it can be critical to contact a debt relief and bankruptcy attorney in order to protect one's rights.

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Tags: collection, debtor, lien, wage garnishment

Medical debt collectors try to move toward fair debt collection

On behalf of Gingold & Gingold LLC posted in Wage Garnishment on Wednesday, September 18, 2013.

Many Atlanta residents have been subjected to invasive and meddlesome medical debt collection practices, such as wage garnishment and harassment. There is little that is more stressful than screening one's calls in an effort to avoid debt collectors, and worrying that one's employer might be contacted for a garnishment order.

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Tags: collection, lien, wage garnishment

Man loses home for failing to pay $134 tax bill

On behalf of Gingold & Gingold LLC posted in Liens on Saturday, September 14, 2013.

Earlier this week we discussed some of the deceitful foreclosure practices that are continuing to harm homeowners here in the Atlanta area. Many homeowners may not be aware that in addition to issues with banks and lenders, tax bills are also resulting in foreclosures around the country.

Continue reading Man loses home for failing to pay $134 tax bill...

Tags: homes

Owners are losing homes while trying to modify mortgages

On behalf of Gingold & Gingold LLC posted in Foreclosure on Thursday, September 12, 2013.

We have previously discussed the settlement agreement banks reached with federal regulators after an investigation revealed that many banks were foreclosing on homes that were not even in default, among other unscrupulous tactics. Borrowers in Georgia were to recieve $3.6 billion of that foreclosure settlement; in total, the largest banks in the U.S. agreed to pay $25 billion to settle the claims of the regulators.

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Tags: foreclosure, homeowner, mortgage lender

What happens to the income I earn after filing for bankruptcy?

On behalf of Gingold & Gingold LLC posted in Liens on Friday, September 6, 2013.

A common question that Atlanta residents have regarding Chapter 7 bankruptcy is whether they will lose all of their property by seeking bankruptcy protection. Here in Georgia, filers are able to hold onto much of their property.

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Tags: bankruptcy, car, homes, income

Forsyth city councilmen accepted bribes to avoid foreclosure

On behalf of Gingold & Gingold LLC posted in Foreclosure on Wednesday, September 4, 2013.

Yesterday, two former Forsyth city councilmen pleaded guilty to accepting bribes during the performance of their city duties. One of the men was a 20-year veteran of the city council and the other had been a member for five years. They apparently solicited and accepted a bribe from a water and waste treatment company, agreeing to get the company a city contract, with the aim of helping one of the men save his home from foreclosure.

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Tags: family, foreclosure, stop foreclosure