Alabama Bankruptcy Blog
Information for Alabama debtors regarding Chapter 7 and 13 bankruptcy, debt management, and budgeting.
Author: Richard L. Collins practices at Collins & Hancock Attorneys at Law in Cullman, Ala.
Blawg Related Categories: Bankruptcy Law • States • Alabama • Solo / Small Firm
Recent Posts from Alabama Bankruptcy Blog
-
I have seen and heard lots of advertising by companies saying they can settle my debts for very little and help me avoid filing bankruptcy. Does this work?
Unfortunately, debt settlement falls under the “if it sounds too good to be true, it is” category. While I am sure there may be a few success stories from people using these companies, I have…
-
Credit Card Company Dirty Tricks
I have had numerous clients recently whose financial lives have been thrown into chaos because of "dirty tricks" by credit card companies. These bad acts by the card companies include lowering the credit limit of…
-
New Book: The Alabama Bankruptcy Book
I have redone my book. It is now The Alabama Bankruptcy Book. It still has the Bankruptcy Myths from the prior book, but now has about 20 more pages with Answers to Common Bankruptcy Questions.…
-
Will a bankruptcy stop a garnishment that is already being deducted from my paycheck?
YES. I have been getting a lot of questions about garnishments lately. Both Chapter 7 and Chapter 13 bankruptcy filings will stop garnishments. This is accomplished in a two step process. First, we must file…
-
Do I qualify to file a Chapter 7 bankruptcy in Alabama under the “new” bankruptcy laws?
Many people have been convinced that the bankruptcy reforms that went into effect in October of 2005 have made it impossible for most people to file Chapter 7 bankruptcies. Nothing could be further from the…
-
I have been using a Payday Loan company or Check Cashing store and can no longer pay the fee and I know the check(s) will bounce. Can I file bankruptcy on payday loans or check cashing loans? Can I be charged with a crime or go to jail?
I continue to see more and more clients come in to see me about bankruptcy after being caught up in the payday loan or check cashing trap. It’s an easy lure – quick easy money…
-
These Hard Economic Times Inspire Unique Solutions
If you are having a difficult time with your financial situation, I know it can be extremely depressing, but remember you are not the only one and when of people come together and do not…
-
Can a bankruptcy stop my house from being foreclosed on in Alabama?
Yes. You may be able to save your house from foreclosure by filing a Chapter 13 bankruptcy. A Chapter 13 bankruptcy allows you to put your arrearage (the payments you have missed) in your Chapter…
-
Why can’t I just put my house, car or other property in someone else’s name before I file for bankruptcy?
Because it would be a huge mistake. The bankruptcy court trustee has the power to avoid such transfers he or she feels were made with the intent to hinder, delay, or defraud creditors. Under the…
-
A debt collector called me and said “We will garnish your next paycheck.” Can they do this?
I am continuously amazed at the depths some collectors will go to in order to scare unwary debtors into making payments they cannot afford at the time. The statement “We will garnish your next paycheck”…