by Paula Greenway | Jun 25, 2013 | Alabama Bankruptcy, Bankruptcy Filing, Birmingham Bankruptcy, Chapter 7, Greenway Bankruptcy Law, Personal Bankruptcy
Millions of Americans are expected to file for bankruptcy this year due to expensive medical bills, a new data analysis reports.According to the data gathered by NerdWallet Health, skyrocketing health expenses cause many people to file bankruptcy. In fact, Vice...
by Paula Greenway | Jun 6, 2013 | Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law
A total of $21.8 million will be awarded to Alabama residents as a result of a national foreclosure settlement, Attorney General Luther Strange said on June 6.Around 15,000 eligible Alabama homeowners will receive settlement checks from the national settlement’s...
by Paula Greenway | Jun 1, 2013 | Bankruptcy Filing, Chapter 13, Chapter 7, Greenway Bankruptcy Law, Payday Loans, Personal Bankruptcy
Laws attempting to change payday and title loans in Alabama stalled recently in the Alabama Legislature.The bills were being reviewed in the House Committee, but failed after industry leaders argued that the bills would substantially affect their business, even...
by Paula Greenway | May 26, 2013 | Alabama Bankruptcy, Bankruptcy Law, Birmingham Bankruptcy, Greenway Bankruptcy Law, Payday Loans
Laws to regulate high rates of short-term loans and title loans were recently presented in an effort to keep people from being trapped into paying off debts with high interests.Rep. Patricia Todd, D-Birmingham, who introduced the bills, said a cap of 36 percent will...
by Paula Greenway | May 20, 2013 | Bankruptcy Law, Greenway Bankruptcy Law, Payday Loans
To lessen the high interest rates of short-term loans that put consumers in a debt cycle, Federal regulators said recently they are going to impose gaps between loans.New guidelines will be issued to banks today by Federal Deposit Insurance Corp. and the office of the...
