Atlanta Bankruptcy Law Blog

Bankruptcy's automatic stay can stop wage garnishment

On behalf of Gingold & Gingold LLC posted in Wage Garnishment on Friday, December 5, 2014.

Having your wages or bank account garnished by creditors can be frightening, especially since you probably are already dealing with huge debt problems by that point. With less money coming in, how are you supposed to get a handle on your bills?

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Tags: Wage Garnishment

Retailers target shoppers to increase spending during holidays

On behalf of Gingold & Gingold LLC posted in Credit Card Debt on Thursday, December 4, 2014.

The holidays can be the most stressful time of year, especially for people who are already dealing with tight finances and money woes. There is a lot of pressure to buy gifts, stock up on decorations and attend parties, all of which can make people feel like spending money is unavoidable.

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Tags: Credit Card Debt

What to know about taxes and Chapter 7 bankruptcy

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Tuesday, November 25, 2014.

When facing serious debt problems, it is a common instinct to avoid collections agents. This instinct is understandable. You are already facing enormous amount of stress with mounting bills and the inability to pay them off. Letters, phone calls and other communications from creditors only add to this stress.

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Tags: Chapter 7

Know your rights and options if you are facing foreclosure

On behalf of Gingold & Gingold LLC posted in Foreclosure on Friday, November 21, 2014.

Millions of Americans are struggling financially. People are dealing with unemployment or working in jobs that do not pay enough to cover living expenses; people also owe huge amounts of money in medical bills and student loans. Those who are in this situation often find themselves buried under unmanageable debt.

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Tags: Foreclosure

Will I lose everything by filing bankruptcy?

On behalf of Gingold & Gingold LLC posted in Chapter 13 on Wednesday, November 12, 2014.

Mounting debt can mean mounting worries and fears for people across Georgia. One source of this anxiety stems from the fact that many people do not understand what their relief options are and how the different options can achieve different goals.

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Tags: Chapter 13

Middle class still struggling with financial tug-of-war

On behalf of Gingold & Gingold LLC posted in Credit Card Debt on Sunday, November 9, 2014.

It is no secret that most people in the U.S. struggle with finances and money on a regular basis. Millions of people have battles every month when it comes to paying for what they want and paying for what they need, as many people can't do both.

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Tags: Credit Card Debt

Consumers have rights when debt collectors cross the line

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Friday, October 31, 2014.

Being in debt is a stressful situation with which millions of Americans find themselves struggling. Even though the economy, employment rates and housing market are showing signs of improvement, the toll that the recession took on many people has lingered on and made it all but impossible to get back on their feet.

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Tags: Chapter 7

Can your wages be garnished for failure to make debt payments?

On behalf of Gingold & Gingold LLC posted in Wage Garnishment on Thursday, October 23, 2014.

Being in debt can be one of the most upsetting experiences a person can face. It can create serious levels of stress, marital strife and very real fears about the future. Unfortunately, it is something that millions of Americans struggle with on a daily basis.

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Tags: Wage Garnishment

GA residents continue to suffer as unemployment rates stay high

On behalf of Gingold & Gingold LLC posted in Credit Card Debt on Friday, October 17, 2014.

In a recent blog post, we discussed the troubling unemployment rate in Georgia. Readers should be aware that this state's jobless rate of 8.1 percent is the highest in the country, even though statistics suggest that the state is also experiencing job growth.

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Tags: Credit Card Debt

Can I lose everything if I come up short on Chapter 13 payments?

On behalf of Gingold & Gingold LLC posted in Chapter 13 on Thursday, October 9, 2014.

Bankruptcy is not a walk in the park. It is possible for a person to file for the protections that are available under Chapter 7 or Chapter 13 of the bankruptcy code, but chances are you've never gone through it before. Mistakes can be made that delay the final discharge of your debts. And where there is complexity, there are questions for which it may be difficult to find clear answers.

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Tags: Chapter 13

Could student debt tarnish the golden years?

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Thursday, September 11, 2014.

Imagine you are an Atlanta resident in your 80s and you're still paying off student loans. That may not be a situation too many people are in right now, but according to the Government Accountability Office, it is a growing concern. And it's something lawmakers in Washington are beginning to look into seriously.

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Tags: Chapter 7

Bill would ease tax burden of forgiven student loans

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Sunday, September 7, 2014.

Earlier this summer, we wrote about the massive student loan debt many college attendees in Georgia and the rest of the United States are dealing with. In fact, current estimates suggest that roughly 40 million Americans owe about $1.2 trillion for their time in college. On average, college students are graduating with about $30,000 of debt.

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Tags: Chapter 7