Blogs

For some Alabamians, the American dream of owning a home has become a nightmare. One in sixty Alabama homeowners is projected to experience foreclosure on their home as a result of a high-cost loan. In Alabama, foreclosure proceedings can be concluded in as few as 21 days.

I am often asked this question by clients and the bottom line is this:  You do not inherit debt under Alabama law.  If you co-signed on a loan with them, then you would be liable for the remainder of that loan.  But if they ran up $50,000 on a credit card debt in their name only before they died, then the credit card company just won’t be paid.  You may have to provide a copy of the death certificate to the creditors so that

When you seek relief through Chapter 13 personal reorganization or Chapter 7 bankruptcy, you are required to disclose your income and your assets. Disclosing your income is usually quite simple.

Contrary to general belief, you can discharge tax debt in a bankruptcy if the tax debt meets certain and specific criteria. Some of the initial questions to ask are whether the tax returns are deemed filed, what constitutes a tax return, and when was the tax assessed.

The Department of Defense (DOD) announced a policy on March 18, 2014 to begin tightening up access to classified information by potentially shrinking the list of 3.5 million people who currently hold active security clearances.

After filing bankruptcy, you may receive letters, emails, or other solicitations from companies offering products or services. Some may advertise the post-filing personal financial management course, also called debtor education. With limited exceptions, an individual debtor must complete this separate course after filing and before receiving a discharge. 

Many people are unable to pay their bills as they become due but clearly not all of them are candidates for bankruptcy.  So when should an individual consider filing for bankruptcy?  The truth is that there is no bright line to help make this determination.  Each person’s situation is different.  Here, however are some of the factors that should be considered in making this determinati

The Credit Repair Organizations Act (CROA) is a federal consumer law found among the other various federal consumer protection laws and is located at 15 U.S.C .

Appeal!

Years ago when I first started practicing Social Security disability law, the conventional wisdom was that with an attorney your chances of success at the hearing level of appeal in North Alabama ran as high as 60%-70%.

Unfortunately, the rate  of that high  success percentage  has plummeted.

Most divorce decrees and marital settlements will address the debts that exist at the time the parties separate. There is usually some type of division of the debt. Most couples have debt that turns out to be his, mine and ours. The only party that the creditor is interested in is the person who is actually liable on the debt.