Skip to main content
(404) 685-8800 Contact Us
With federal dollars to spend, Georgia looks to help homeowners Atlanta, GA

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

Client Reviews

With federal dollars to spend, Georgia looks to help homeowners

driveway of a detached house

Even though the worst of the recession hit a few years ago, thousands of homes in Georgia continue to face foreclosure. As we discussed in a post last month, a quarter of homeowners in Atlanta have more in mortgage debt than their homes are worth. What some people in this situation may not realize, however, is that there are ways to get help and possibly save their homes.

When foreclosures hit the nation hard a few years ago, the federal government offered financial aid to several states based on need. Georgia received nearly $340 million that was supposed to help keep struggling homeowners in their homes. The state, however, did not do a great job of making sure its homeowners got the assistance they needed. Recently, however, some changes were made to the program that will hopefully ensure that Georgians will benefit more.

HomeSafe Georgia, the program established to help get federal dollars to struggling homeowners, was initially difficult to be approved for. If a homeowner was already facing bankruptcy or foreclosure, had a full-time job, or lost a job but was not yet behind on the mortgage, he or she was deemed ineligible for aid. Oddly, those who couldn’t make mortgage payments because of an illness or the death of a loved one were also ineligible.

Recognizing that the qualifications were too strict — and with a deadline looming to use or lose the money the state was given — officials changed the qualifications. The state loosened the requirements. Now, underemployed or unemployed people can qualify for assistance, even if they are less than 12 months behind on their mortgage. With the new criteria in place, the state is now focusing on awareness. Homeowners can’t benefit if they don’t know about the opportunity.

Georgia has more than $274 million left to spend by the end of 2017. Whatever is left over will go back to the federal government. Atlanta residents who are struggling with home payments may want to consider applying to the HomeSafe Georgia program.

Source: Creative Loafing, “Georgia’s foreclosure prevention program gets overhauled,” Thomas Wheatley, March 4, 2014

Posted on behalf of Gingold & Gingold

1718 Peachtree St NW, #385
Atlanta, GA 30309

Phone: (404) 685-8800

First Free
Appointment



Disclaimer Privacy Policy

I have read the Disclaimer and Privacy Policy

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.

Write a review