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Bankruptcy

File photo of money. (Credit: Mark Wilson/Getty Images)

Georgia State Offering Free Bankruptcy Class

Georgia State University is offering a free bankruptcy assistance and practice program for families struggling to overcome debt.

09/13/2013

Photo by Jean Ross CBS Radio

Morris Brown Turns Down Bailout Offer

ATLANTA (AP/WAOK) Trustees of Morris Brown College have turned down an offer of nearly $10 million in taxpayer money. The Atlanta Journal-Constitution reports that Atlanta Mayor Kasim Reed had offered the money that would have […]

WAOK-AM–06/10/2013

Photo by Sonia Murray CBS Radio

Morris Brown Owes Faculty and Staff

ATLANTA (AP/WAOK) — Court records show that Morris Brown College, which faces possible foreclosure, has not paid some of its employees for three months. The Atlanta Journal-Constitution reports that the historically black Atlanta college owes […]

WAOK-AM–08/30/2012

Photo by Jean Ross WAOK-AM

Morris Brown Seeks Federal Help

ATLANTA (WAOK/AP) — Facing more than $30 million in debt, Morris Brown College officials told a packed gymnasium of supporters on Saturday the school has filed for Chapter 11 bankruptcy. The move is a last […]

WAOK-AM–08/26/2012

File photo of University of Georgia. (Credit: Kevin C. Cox/Getty Images)

Ex-University Of Georgia Football Coach Settles After Losing Money In Ponzi Scheme

Former University of Georgia football coach Jim Donnan has agreed to a proposed bankruptcy settlement with a West Virginia company and investors who say the ex-coach owes them $40 million lost in a Ponzi scheme, according to documents filed in federal court.

06/23/2012

(Photo by NFL Photos)

Jamal Lewis Scheduled For Bankruptcy Court

ATLANTA (AP) — A bankruptcy court hearing in Atlanta for former Baltimore Ravens running back Jamal Lewis has been delayed. Lewis filed for bankruptcy in April, listing $14.5 million in assets and $10.6 million in […]

WAOK-AM–06/05/2012