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U.S. foreclosure activity steadily decreased in the last 8 years

by Paula Greenway | Jun 10, 2014 | Alabama Bankruptcy, Birmingham Bankruptcy, Chapter 13, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law

A recent report by real estate firm RealtyTrac stated that there has been a steady decline in foreclosure activity in the last eight years, CNBC reported on June 10.Reports said that in May, banks acquired fewer homes and property owners filed for fewer...

University athletes also burdened by student debt

by Paula Greenway | Jun 3, 2014 | Alabama Bankruptcy, Birmingham Bankruptcy, Chapter 13, Student Debt, Student Loan

College students in the U.S. who represent their schools through sports are also burdened by student debt after school is over, a Forbes article stated on June 3.Though some college jocks are privileged enough to be rewarded with complete or partial...

Foreclosure activity across U.S. continues to drop

by Paula Greenway | May 15, 2014 | Alabama Bankruptcy, Foreclosure, Foreclosure Defense

Fortunately, the U.S. housing industry observed a 1% decrease in foreclosure rates for the month of April, Reuters reported on May 15. Foreclosure activity including bank repossessions, foreclosure notices, and auctions is overall 20%...

80’s heartthrob Lorenzo Lamas filed for bankruptcy

by Paula Greenway | Apr 29, 2014 | Bankruptcy Filing, Chapter 7, Personal Bankruptcy

After accruing a debt of more than $300,000, actor and reality-TV star Lorenzo Lamas filed for Chapter 7 bankruptcy, Mail Online reported on April 29.Reports said Lamas, who currently does not have any source of income as a freelance actor, has a debt of $322,000. The...

“Meet the Parents” star files for bankruptcy

by Paula Greenway | Apr 23, 2014 | Bankruptcy Filing, Chapter 7, Personal Bankruptcy

Teri Polo, who was well known for her role as Pam Focker in the movie franchise “Meet the Parents”, recently filed for bankruptcy in Los Angeles, theHuffington Post reported on April 23. According to reports, Polo had accumulated debts to million dollars. The...
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