Bankruptcy still prevalent - WALB.com, Albany News, Weather, Sports

Bankruptcy still prevalent

  • More WALB News10 HeadlinesMore News Headlines

  • Friday, May 24 2013 4:13 PM EDT2013-05-24 20:13:22 GMT
    New 3D technology is allowing south Georgia patients to take a glimpse into their own surgical future. Cosmetic surgeon Dr. Courtney Houston of Thomasville recently purchased a Vectra 3D Imager. The
    Cosmetic surgeon Dr. Courtney Houston of Thomasville recently purchased a Vectra 3D Imager.
  • Friday, May 24 2013 4:06 PM EDT2013-05-24 20:06:03 GMT
    A South Georgia grower can never really relax, because the next weather, disease, or pest issue is always right around the corner. This week the insect thrip has become quite active on South Georgia cotton
    A South Georgia grower can never really relax, because the next weather, disease, or pest issue is always right around the corner. This week the insect thrip has become quite active on South Georgia cotton and peanuts.
  • Friday, May 24 2013 3:50 PM EDT2013-05-24 19:50:55 GMT
    If you are in the market for a new home, Tifton has one you won't find anywhere else. After years of careful planning and construction, Tifton's Green House is now on the market. And ironically, the
    If you are in the market for a new home, Tifton has one you won't find anywhere else. And ironically, the house of the future is nestled in between two homes in Tifton's historic district, and it's designed to fit right in.

January 11, 2006

Albany-- New bankruptcy laws are creating more work for credit counselors, but not helping many people avoid bankruptcy. The new rules went into effect in October.

They require consumers to go through credit counseling before they file for bankruptcy. At Consumer credit counseling service in Albany, none of the six hundred potential bankruptcy filers who came through since October ended up with a repayment plan. They all filed for bankruptcy.

"The options for the people coming to us by in large is bankruptcy. In other words their option is not to go on a debt re-payment plan. So it is not working from that standpoint, it is not doing what the creditors thought it was going to do," said consumer counselor Irma Whitten.

Counselors say it is best to get assistance as quickly as possible, if you feel you are in debt. The year two-thousand five saw the highest annual filing level on record at more than two-million.

Feedback: news@walb.com?subject=Bankruptc