Atlanta Bankruptcy Law Blog

Atlanta foreclosure rates are down but not out

On behalf of Gingold & Gingold LLC posted in Foreclosure on Thursday, February 20, 2014.

There are few things more frightening than losing your home. Going from sleeping in your bed to sleeping in a hotel room or on a friend’s couch is more than a financial burden; it’s an emotional burden. Regardless of the reason, when you find yourself unable to handle your mortgage payments, you may end up facing foreclosure proceedings. And while foreclosure rates in Georgia are falling, the dangers may still be real.

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

Forsyth city councilmen accepted bribes to avoid foreclosure

On behalf of Gingold & Gingold LLC posted in Foreclosure on Wednesday, September 4, 2013.

Yesterday, two former Forsyth city councilmen pleaded guilty to accepting bribes during the performance of their city duties. One of the men was a 20-year veteran of the city council and the other had been a member for five years. They apparently solicited and accepted a bribe from a water and waste treatment company, agreeing to get the company a city contract, with the aim of helping one of the men save his home from foreclosure.

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Tags: family, foreclosure, stop foreclosure

Atlanta stands among cities with the most abandoned homes

On behalf of Gingold & Gingold LLC posted in Foreclosure on Friday, June 28, 2013.

Although the housing market may be improving, many families here in Atlanta are still struggling and this is evidenced by the number of foreclosed and vacant homes in the area. A recent news report published by USA Today states that one in five homes nationwide that are in the foreclosure process have been abandoned by homeowners. Atlanta is among the cities with the most vacant homes.

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Tags: Bankruptcy, foreclosure, homeowner, stop foreclosure