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Bankruptcy if You Are Retired and on a Fixed Income Atlanta, GA

Personal Attention & Experience Since 1971 Family-Owned, Family Focused

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Retirement and Bankruptcy

Helping Clients on Fixed Incomes Eliminate Debts and Plan for the Future

If you are retired and on a fixed income, you need to make the most of that income to pay for the things that are really important. If your credit card payments, medical bills and other debts are eating into your fixed income, an experienced bankruptcy lawyer can help.

At the law firm of Gingold & Gingold LLC, we are prepared to guide clients through retirement and bankruptcy. Our firm is made up of two experienced attorneys: Ira D. Gingold, who has been a bankruptcy lawyer since 1971 and Court-appointed Bankruptcy Trustee from 1971-2013, and Jamie L. Gingold, who has been practicing bankruptcy, business and real estate law since 2001.

Understanding How Bankruptcy Can Protect Your Retirement Income

People on fixed incomes are often especially nervous about filing bankruptcy. Much of this is due to myths that have been spread by creditors. Here is the truth about how bankruptcy deals with some of the most common types of debt that retired people have:

  • Credit card payments can eat into your monthly income for the rest of your life. If you make the minimum payment every month, it may take you 30 years or longer to pay off your balance. Credit card balances can be discharged (wiped out) in bankruptcy.
  • Medical bills can also be wiped out in bankruptcy. Many retired people are afraid that if they wipe out their medical bills, they will not be able to get treatment in the future. The truth is that your Medicare and insurance will take care of your future medical bills, and doctors and hospitals will still treat you even if you discharged a medical debt in the past.

Bankruptcy also offers ways for retired people to deal with mortgages, home equity loans, car loans, bank loans, finance company loans and many other types of debt. We can help you work out your debts so you can use your fixed income to take care of what is important.

Elder Bankruptcy Lawyers · Georgia

At Gingold & Gingold LLC, we are committed to helping clients make the most of their retirement income. To schedule a free consultation, call us at (404) 685-8800 or e-mail us today. We have office locations in Atlanta, Cumming, Dallas and Douglasville, with evening and weekend meetings available by appointment.

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Our Client Reviews

Gingold & Gingold LLC
5.0 / 5.0

Based on 28 reviews

Jack L.

They did an excellent job with my case. Jamie took the time to really listen and understand things. She delved into the details and was extremely knowledgeable and non judgmental. Very professional and they know what they are doing. Would definitely recommend!

All C.

Mr. Gingold was recommended by an attorney I had worked with previously. I met with Ira Gingold to discuss credit issues. He went over each specific issue thoroughly. He advised me of the potential outcomes. He did all this in one meeting for a very reasonable price. When we finished I was confident in moving forward with a resolution. He definitely wants to help people take the appropriate course of action for their circumstance.

Karen B.

Dear Mr Gingold, There are so many reasons to be thankful for all you have done and will do. Anyone who has ever had unfavorable experiences with an attorney or the legal system will feel the trepidation that I experienced once I realized that my situation seemed hopeless. It was by chance and happily good luck that I decided to put my future and sanity into your hands. I was mortified at having to deal with my debts by claiming bankruptcy. I remember in our first meeting how you assured me that I was not alone and should not feel ashamed. And, anyone in this position obviously does not have money to spare and you were clear about all the costs and allowing me to pay according to my own ability to do so. You advised me in all aspects of the law, but also, you were at each meeting incredibly supportive and complementary of my personal and professional plans. Anyone else in this situation should feel blessed to have access to your expertise and support.

Lyla B.

I thought the process of filing bankruptcy was going to be a difficult one. However, Gingold & Gingold treated me with respect and dignity from the moment I walked through their door. I had the pleasure of working with Jamie. She is very responsive, professional, and knowledgeable. She took the time and listened to my every concern and handled each and every one of them to my satisfaction. My experience with filing bankruptcy under Gingold & Gingold's representation exceeded my expectations in a major way. They gave me such a peace of mind. I am very pleased with my decision of going with Gingold & Gingold to represent me when I filed Chapter 13 bankruptcy.

Julie T.

Wow! I am finally out of debt and can say that I am debt free after completing my chapter 7 bankruptcy case with Gingold and Gingold. Mr dangled was very knowledgeable and direct with regard to my debt situation. there were no surprises and the case went as I was advised. The staff was also very helpful whenever I had a question. I will definitely recommend them in the future to my friends.

Sherard W.

I cannot say enough about this law firm. From the initial consultation to our discharge, the entire office kept me updated with every step of the entire process. I came to the Gingold after a bad experience with another law firm. Ira and Jamie immediately began treating me like family through this experience. In the end, they assisted with eliminating many debts including my 2nd mortgage. I cannot say enough about the experience and knowledge that Ira brought to the table from the office visits to the court time. Thank you very much for helping me through this tough time. Thank you.

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