by Paula Greenway | Mar 12, 2013 | Alabama Bankruptcy, Bankruptcy Filing, Bankruptcy Law, Birmingham Bankruptcy, Greenway Bankruptcy Law
A recent report stated that Jefferson County plans to file its plan for addressing its debts and how it will exit bankruptcy on June 1. County officials said on March 12 that they hope to present a plan that receives the approval of sewer creditors, but were also...
by Paula Greenway | Feb 16, 2013 | Bankruptcy Law, Consumer Protection, Payday Loans
Taking action to limit the impact of short-term loans, like payday loans, is being considered by the U.S. Consumer Financial Protection Bureau in an effort to protect consumers against loans that can become “debt traps,” according to its director recently.Payday loans...
by Paula Greenway | Jan 4, 2013 | Greenway Bankruptcy Law, Jefferson County Bankruptcy, Municipal Bankruptcy
Alabama leaders have reported that they are gaining momentum toward striking a deal between Jefferson County and Wall Street creditors in regards to the largest municipal bankruptcy in the country.Negotiators with the county met with county’s sewer system creditors in...
by Paula Greenway | Nov 28, 2012 | Alabama Bankruptcy, Greenway Bankruptcy Law, Municipal Bankruptcy
Prichard City Council officials are asking for more time in regards to a bankruptcy protection lawsuit that was filed against the city. Officials with the city stated that they needed more time in order to get familiar with all “legal matters” in the case.This council...
by Paula Greenway | Nov 15, 2012 | Bankruptcy Filing, Greenway Bankruptcy Law, Personal Bankruptcy
The American Bankruptcy Institute, a bankruptcy filing research organization, recently reported that bankruptcy filings dropped in fiscal 2011.A total of 1.47 million bankruptcies were filed in the U.S. through September. According to the ABI, this fiscal year’s...
