Atlanta Bankruptcy Law Blog

July 2014

Student loan relief can be found, but not from 'debt demons'

On behalf of Gingold & Gingold LLC posted in Chapter 13 on Thursday, July 31, 2014.

What led Woodward and Bernstein to discover the secrets of the Watergate Scandal was the Deep Throat admonishment to "Follow the money." Today, one of the most scandalous activities the country is witnessing may be the proliferation of student loan settlement companies. And if you want to know why that is, all you have to do is remember Deep Throat's advice.

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Tags: Chapter 13

Trustee seeks recovery from casinos in Atlanta bankruptcy case

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Friday, July 18, 2014.

The ins and outs of filing for bankruptcy are complicated. There is no form 1040EZ to fill out as there is for taxes. The nuances are many and it can be easy for someone unfamiliar with them to overlook legitimate opportunities that might exist.

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Tags: Chapter 7, Chapter 7 bankruptcy

Middle-class Americans: the key to America's economic woes

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Friday, July 11, 2014.

The financial struggles that occurred prior to and in the wake of the 2008 Great Recession are still fresh in the minds of many Americans. This is particularly true among middle-class Americans who suffered tremendous financial losses as housing values plummeted and widespread layoffs occurred. In the six to seven years since the global financial crisis, the American economy has continued to slowly rebound and grow. Some financial experts warn, however, that, based upon our nation's current economic model, sustained growth isn't possible.

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Tags: Chapter 7

SunTrust Banks settles its foreclosure debacle in Georgia

On behalf of Gingold & Gingold LLC posted in Foreclosure on Friday, July 4, 2014.

The housing crisis may be over, but the federal government and the state of Georgia are still working to clean up the mess. SunTrust Banks, which is based in Atlanta, is the latest in a line of financial institutions to settle with government entities regarding deficient mortgage and foreclosure practices. The nearly $1 billion settlement could provide some relief for homeowners in the state.

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Tags: Bankruptcy, filing for bankruptcy, foreclosure, homeowner, mortgage payments