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Underwater Mortgages Atlanta, GA

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

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Underwater Mortgages

Helping Clients Get Out Of Upside-Down Home Loans

Are you underwater on your mortgage? Are you looking for a way out of your current situation that will enable you to get your finances back on track? If so, our experienced bankruptcy lawyers at the Atlanta law firm of Jamie L. Gingold, PC, GingoldBankruptcyLaw.com (Formerly practicing with Gingold & Gingold LLC) can help.

Our firm is made up of Ira D. Gingold, who has been a bankruptcy lawyer since 1971 and Court-appointed Bankruptcy Trustee from 1971-2013, and Jamie L. Gingold, who has practiced bankruptcy, real estate and business law in Georgia since 2001. As one of the premier bankruptcy law firms in the region, we have extensive experience helping clients get out of underwater mortgages.

What To Do When You Have Negative Home Equity?

According to Zillow, the Atlanta metro area is one of the hardest-hit areas of the country for underwater mortgages, with 55 percent of homeowners owing more on their loans than their homes are currently worth. Homeowners under 40 are especially likely to be underwater.

While some underwater homeowners can afford to hold out until prices increase, others cannot and need solutions. Our attorneys can help you decide what to do if:

  • You can’t afford your mortgage payments and are facing the threat of foreclosure;
  • You are going through a divorce, and neither spouse wants to keep the house; or
  • You have to move to accept a new job or accommodate a larger family.

In many cases, bankruptcy is the best option for wiping out an underwater mortgage. Unlike a short sale, bankruptcy wipes out any deficiency balance that is left over after you sell or give up your home. Bankruptcy also offers major benefits for getting rid of second mortgages.

Stop Foreclosure · Contact Our Lawyers

If you are stuck in an underwater mortgage, our Atlanta attorneys can explain the choices available to you and help you file bankruptcy if you decide to go that route. For a free initial consultation, contact us at (678) 915-2634 or by e-mail.

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    Our Client Reviews

    Jamie L. Gingold, PC
    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 an

    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 trepida

    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 pl

    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 deb

    Julie T.

    I contacted getting old and getting old regarding some old tax debt and credit card debt that I needed to address and had been putting off. miss Irving in the office was very very nice and put me at

    Anna T.

    Amazing! Outstanding!! They went over and beyond..I would recommend them to anyone needing a lawyer!!

    Write a review

    Jamie L. Gingold, PC

    195 14th Street NE #1604

    Atlanta, GA 30309

    Phone: (678) 915-2634

    Email:

    We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.