Birmingham Bankruptcy Lawyer Discusses Reaffirmation Agreements in Chapter 7 Bankruptcy

February 16, 2009

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Bankruptcy & Debtor’s Court: The difference between Chapter 7 and Chapter 13

February 16, 2009

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Chapter 7 Bankruptcy: 10 Things You Need To Know

February 10, 2009

1.  Chapter 7 Bankruptcy is still an option for most people, even after the bankruptcy laws changed in 2005. Many people believed (because creditors wanted us to believe) that it is very hard for someone to file Chapter 7 Bankruptcy after the 2005 bankruptcy amendments (BAPCPA).  The 2005 bankruptcy laws increased the amount of paperwork [...]

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Bankruptcy Basics – 10 Things You Need To Know About Bankruptcy

February 7, 2009

Bankruptcy laws can trace their roots to the Bible. The Old Testament had several laws mandating the forgiveness of debts every seven years, and even includes a form of redemption after foreclosure. Bankruptcy laws, or something similar, were enacted by the Romans. Our modern bankruptcy system has it’s roots in British laws from the 1500′s. [...]

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Bankruptcy Right For You? 7 Things To Consider

February 6, 2009

Bankruptcy is a big step.  Hopefully, filing bankruptcy is a once in a lifetime event.  Making sure filing bankruptcy is right for you is important.  Here are 7 things to consider before filing bankruptcy. 1.  Bankruptcy will not ruin your credit for life.  Most people facing bankruptcy already have pretty bad credit.  Normally, the credit [...]

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Bankruptcy Filings Declining? Economic Recovery? Credit Crisis a Myth?

February 5, 2009

Bankruptcy filings declining?  According to an article at Credit Slips by Bob Lawless, bankruptcy filings declined in December and January.  I thought we were in the middle of the worst economic crisis since…well, since forever.  If bankruptcy lawyers are filing fewer bankruptcy cases, doesn’t this mean an end to the economic crisis?  No. As Bob [...]

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