Bankruptcy

Facing overwhelming debt can feel like drowning with no lifeline in sight. Many Alabama residents find themselves buried under medical bills, credit card debt or mortgage payments after losing their job, getting sick or other unexpected events. The constant stress of...

Filing for bankruptcy can feel overwhelming, and it’s natural to have concerns about your finances if you’re contemplating this kind of debt relief. You may be asking, “Is my bank account going to be safe if I file for bankruptcy?”  The answer to this question depends...

Bankruptcy can be overwhelming for those struggling with debt. Since filing for bankruptcy can be daunting, seeking the advice of a bankruptcy lawyer can provide you with guidance and support. These include ensuring the filing of all paperwork and avoiding common...

When you apply for a loan, lenders often require a cosigner if they have concerns about your ability to pay them back, regardless of the amount. Personal guarantees are usually necessary for those starting a business. While having a cosigner can help you secure a...

Filing for bankruptcy can be a profoundly emotional and stressful experience. It marks a significant point in your financial life, and it is normal to feel a mix of emotions: relief, shame, frustration and uncertainty about the future. How can you cope emotionally...

Filing for Chapter 7 bankruptcy involves liquidating assets to repay creditors. Stocks, like other financial assets, may be part of this liquidation process, but their fate depends on specific factors in your case. Understanding how Chapter 7 impacts stock ownership...

Filing for Chapter 7 bankruptcy allows individuals in Alabama to address overwhelming debt. This legal process can lead to the discharge of debts and enable you to gain a fresh financial start. While it may seem daunting, understanding the basic steps can simplify the...

Filing for bankruptcy is a significant decision that can provide relief and a fresh start for individuals facing overwhelming debt. Considering the benefits of bankruptcy can help determine if it is the right solution for your financial struggles. Immediate relief...

Filing for bankruptcy can provide a fresh financial start, but it’s essential to adopt good habits to avoid accruing excessive debt again. It might be helpful to know some practical steps to help you stay on track. Create a realistic budget Start by creating a...

For many individuals and families, their home is often the most valuable possession they own. A home provides a sense of security and stability. But what happens when financial struggles threaten to take that away? Fortunately, bankruptcy can provide a solution,...