Athens, Georgia Bankruptcy
Athens, Georgia has become the latest city to file for bankruptcy. As of May 2021, Athens is one of the first cities in the state of Georgia to take this drastic measure. The filing comes following a long period of financial struggle and budgetary mismanagement resulting in a significant debt burden that the city was unable to pay off.
The city started taking steps towards bankruptcy back in November 2020 when they filed for Chapter 9 protection with a federal judge. This step allowed them to restructure their finances in an attempt to address their debt issues and create a more sustainable udget going forward. Since then, Athens has been working hard to reduce its expenses and find ways to bring more revenue into its coffers.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FASTER!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706