Atlanta Bankruptcy Law Blog

Study highlights challenges of debt and young age

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Saturday, April 18, 2015.

It is easy to be jealous of the fame and talent of professional football players; their potential fortunes are also something to envy. People often assume that all that money comes with a happy life free from financial woes. However, these athletes face the same money problems that people all across Georgia deal with every day.

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Tags: bankruptcy, debt relief, personal debt

Sinbad blames business expenses for second bankruptcy

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Thursday, August 29, 2013.

When celebrities file for bankrupcty - and even when ordinary folks in Atlanta file for bankruptcy - people often assume that lavish or irresponsible spending was the cause. In fact, however, this is often not the case. As we have discussed on this blog, reckless spending causes far fewer bankruptcies than unpredictable sudden expenses, such as medical costs.

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Tags: personal debt