Filing for bankruptcy in Alabama can allow you to discharge your debts, get creditors to stop harassing you and even keep most of your assets. In exchange, you'll have to accept the damage to your credit score. A bankruptcy filing can stay on your report for up to 10...
Overcoming Personal and Legal Challenges
Overcoming Personal and Legal Challenges
Month: December 2020
Will I lose my property if I file for bankruptcy?
While bankruptcy is never the first choice for people facing financial hardship, it is often the only option that many people have. Bankruptcy carries with it many unknowns and a great deal of fear. For example, Alabama residents may worry about whether or not they...
Remember these tips for an easier divorce
Anyone going through a divorce in Alabama is naturally under a lot of stress. When a divorce involves children or disputes over a shared business, the situation can become so intense that it can be easy to make some big mistakes. Here are a few things you’ll want to...
Can a lender repossess a vehicle in Chapter 7 bankruptcy?
When debtors see no way out of debt in Wetumpka, Alabama, they have the option of Chapter 7 bankruptcy. The debtor may hesitate, wondering what will happen to their possessions, especially their vehicles they need for getting to work. Understanding how Chapter 7...
When should you update your will?
Once you've written your will in Alabama, it might be tempting to think that the estate planning process is over. But in a sense, the estate planning process is actually just beginning. Over time, you'll want to periodically review your will to ensure that your...
How Chapter 13 bankruptcy can benefit independent business owners
Alabama business owners considering bankruptcy should first understand that each situation that involves a bankruptcy is different. There will be times when the best thing for business owners to do is to let go of the assets they are trying to keep. Business owners...
What to know about discovery in a divorce case
Discovery is a critical part of any Alabama divorce proceeding, and it is important that you are open and honest throughout this process. Otherwise, your attorney may have a harder time representing your interests during settlement talks or at trial. It is important...