Atlanta Bankruptcy Law Blog

Payday and car title loans can create overwhelming debt

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Thursday, May 29, 2014.

As the economy continues to struggle, many Georgians find themselves struggling with debt. Whether from an unexpected medical condition, decreased wages, unemployment, or high debt burden, individuals may find it difficult to make their minimum payments on time. This overwhelming debt may force individuals to look elsewhere for funds, which could cause them more financial troubles.

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Tags: Chapter 7, debt relief, fresh financial start, overwhelming debt, struggling with debt

Partner's shady dealings cause man to file Chapter 7 bankruptcy

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Wednesday, January 29, 2014.

Starting one’s own business is always a gamble. Sometimes you hit it big and become wildly successful, and other times you end up having to file for Chapter 7 bankruptcy. Even if you’ve done everything right, you could still find yourself in financial trouble. It may not even be your fault.

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Tags: Chapter 7, Chapter 7 bankruptcy, debt relief, fresh financial start, struggling with debt

Filing bankruptcy is nothing to be ashamed about

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Wednesday, October 23, 2013.

Bankruptcy rates have surged in recent years, as the recession pushed many Americans into dire financial straits. About 32 percent more Americans filed bankruptcy in 2008 than in 2007, and the number of filings generally continued to climb until this year.

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Tags: debt relief, fresh financial start, struggling with debt

Bank of America will pay for trying to collect discharged debts

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Friday, October 18, 2013.

Many people in Atlanta benefit from filing Chapter 7 bankruptcy in order to obtain a fresh financial start and rid themselves of creditor harassment once and for all. Filing bankruptcy can grind creditor harassment to a halt, as well as allow people to discharge debts or reorganize them into more affordable plans.

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Tags: Chapter 7, Chapter 7 bankruptcy, fresh financial start

How is the government shutdown affecting workers in Atlanta?

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Thursday, October 10, 2013.

People from all over the country have been reading about the current government shutdown. No matter what a person's political stance is on the situation, the fact is that the partial shutdown is taking a profound toll on people in Atlanta and elsewhere who are currently unable to work.

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Tags: Chapter 7, Chapter 7 bankruptcy, debt relief, fresh financial start

When can you file for bankruptcy for the second time?

On behalf of Gingold & Gingold LLC posted in Chapter 13 on Saturday, August 31, 2013.

Earlier this week, we discussed the reasons behind Sindbad's second bankruptcy filing, and a couple weeks ago we discussed the second bankruptcy filing of Toni Braxton. These blog posts may have made Atlanta residents wonder about the rules for filing for bankruptcy a second time.

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Tags: Chapter 13, Chapter 13 bankruptcy, debt relief, fresh financial start

Toni Braxton finally settles bankruptcy case

On behalf of Gingold & Gingold LLC posted in Chapter 7 on Wednesday, July 10, 2013.

Toni Braxton fans here in Atlanta may have heard that the Grammy-award winning musician recently settled her second bankruptcy case. Her first bankruptcy occurred in 1998.

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Tags: Chapter 7, Chapter 7 bankruptcy, fresh financial start