Category Archives: Economy
Atlanta Bankruptcy an Option as Georgia Jobless Rate Increases
More bad news out of Atlanta, this time from The Atlanta Journal-Constitution — the newspaper reports that the metro area’s unemployment rate went up again in August, from 10.3 to 10.4 percent. That may not seem like a big jump, but what it shows is that the local economy, like the national economy, isn’t getting… Read More »
Atlanta Bankruptcies Dip, But That May Be Bad News
So far this year, bankruptcies have fallen about 8 percent nationwide, but experts don’t believe this is cause for celebration, The Atlanta Journal-Constitution reports. Filing for Chapter 7 bankruptcy in Atlanta can be a difficult decision, but clients of Atlanta Bankruptcy Lawyers have found that going through with the process brings with it a sense… Read More »
Increase in Georgia Foreclosures Lead Nation, Keep Home Values Down
A new report from ForeclosureDataOnline.com shows that Georgia led the nation in the increase of foreclosure listings between March and April — 7 percent. As the local market is continuously flooded with foreclosed homes, it is further proof that home values will continue to drop. This is another important reason for homeowners to consider bankruptcy… Read More »
The Pros Struggle with Bankruptcy in Atlanta, just like Other Consumers
The Atlanta Post is reporting that professional athletes are not immune to the pressures of debt and often seek bankruptcy protection in Georgia and elsewhere following their retirement from professional sports. If those making millions are not immune, it’s little wonder struggling hardworking families are filing in record numbers. In a previous post on our… Read More »
Atlanta Consumers Spending More, But Higher Gas Prices Play a Part
Consumer spending has been rapidly on the rise in 2011. That means the economy is rebounding, right? Well…not exactly, say Atlanta bankruptcy attorneys. It turns out that most of the increase is actually due to – you may have guessed it – higher gas prices. Prices at the pump saw record increases in the past… Read More »