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May 5, 2009

Location Meant For Hooters Sold At Auction

Filed under: Bankruptcy — Tags: , — Rob @ 10:18 am

The acre of land meant for a new location for Rome’s Hooters sold at auction today. 

The only bidder on the property was CRM Central Properties LLC, a division of Suntrust Bank which held the mortgage that forced the foreclosure sale.

The site, in front of State Mutual Stadium where the Rome Braves play, was originally meant to be a Hooters Restaurant but those plans were scuttled after the local franchise ran into financial difficulty in 2008.

March 25, 2009

Georgia Has Third Highest Bankruptcy Filing Rate In Nation

Georgia ranks number three in U.S. bankruptcy filings, according to statistics released recenlty by the U.S. Courts System.

Are you considering bankruptcy, too? Whether this is your initial search for information or you have already done your bankruptcy homework, one great resource for state-specific information is the State Bar of Georgia. It offers a consumer pamphlet series, including an overview of state bankruptcy laws designed to answer general questions about the bankruptcy process. “Anyone considering bankruptcy should speak with an attorney who is familiar with or specializes in bankruptcy for specifics and a greater explanation of the law,” the pamphlet advises.

Our attorneys will help you select the best bankruptcy option for your situation, and ensure that all of your creditors are included in the debt relief settlement. They will guide you through the complexities of this difficult decision, including mapping out every step you must take to qualify for bankruptcy protection and appearing with you in court.

Federal law requires that your debts are a financial hardship beyond control. Common situations that create such circumstances include:

  • Loss of employment,
  • Medical bills,
  • Stopping foreclosure on your home, or
  • Divorce.

We understand that your situation is unique, and you may be experiencing any number of the common or other financial hardships. We are here to help you change your situation and gain control of your debt.

 

January 21, 2009

Half Million Seek Credit Counseling In 2008

Consumer Credit Counseling Service of Greater Atlanta said that over half million Americans sought credit counseling from them in 2008.

The non-profit organization that provides assistance to persons across the country in financial crisis said that 509,718 persons attended classes or received counseling last year, up from 403,763 in 2007.

Officials said that they expect to serve 700,000 people in 2009 due in large part to the worsening economic conditions and housing crisis.

Counselors at the agency provide individuals with information and assistance with credit issues, bankruptcy, budget and housing.

The number of homeowners served by the organization has skyrocketed since the housing bubble burst in 2006, growing 9,668 to 73,573 in 2008.

If your life revolves around your debt, you should seek counseling or speak to an experienced bankruptcy attorney to learn what your options are.

December 31, 2008

Bankruptcy Can Stop Foreclosure

Filed under: Bankruptcy — Rob @ 10:35 am

Facing financial problems can be difficult. Burying your head in the sand will not protect you or your family from the creditors who may be harassing you. If you are falling behind on your house payments and the bank is threatening to foreclose, personal bankruptcy can stop them in their tracks.

Filing a Chapter 13 bankruptcy case can prevent foreclosure on your home. It will allow you to restructure your back payments into an affordable payment plan that will allow you to pay off the arrears over a three to five year term.

Once the case is filed, if you are able to continue to make your payments and the payments on the arrears, you will be able to keep your home.

Contact a bankruptcy attorney and learn how Chapter 13 bankruptcy can stop foreclosure on your home.

December 22, 2008

Welcome To The Rome Bankruptcy Blog

Filed under: Bankruptcy — admin @ 7:26 am

We at RomeBankrupcty.com would like to welcome you to our blog. We have set aside this space on our Web site to post interesting and informative information about bankruptcy cases across the country and in Georgia.

We will also provide you with information about bankruptcy that will help you to make the right decisions for your financial well-being. Bankruptcy may not be the most satisfying solution to your financial problems, but it might be the most responsible one for you and your family.

Bankruptcy protections can stop foreclosure on your home, stop unsecured creditors from harassing you and restructure your debt to be paid off in a shorter term.

Understanding bankruptcy can be difficult. That is why you need the experienced attorneys at RomeBankruptcy.com to help you assess your situation and chart the best course of action.


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