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Mortgage delinquencies and foreclosures decrease in Birmingham

by Paula Greenway | Jan 30, 2012 | Alabama Bankruptcy, Bankruptcy Filing, Birmingham Bankruptcy, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law

According to foreclosure research company CoreLogic, foreclosures and mortgage delinquencies decreased in Birmingham in November.In November, the foreclosure rate on outstanding mortgage loans in the metro Birmingham area was 1.58 percent.  The foreclosure rate...

Hundreds injured, homes damaged in Birmingham storms

by Paula Greenway | Jan 23, 2012 | Greenway Bankruptcy Law

Early Monday morning, severe thunderstorms and tornadoes passed through Birmingham, Alabama.Officials reported that the storms left at least 100 people injured, and more than 210 homes damaged in Jefferson County.  2 people died in the tornado that hit Birmingham...

Personal bankruptcies decrease in 2011

by Paula Greenway | Jan 8, 2012 | Alabama Bankruptcy, Bankruptcy Filing, Birmingham Bankruptcy, Greenway Bankruptcy Law

Last week, the National Bankruptcy Research Center announced that personal bankruptcies decreased by 12 percent in 2011.  A total of 1.35 million people in the U.S. filed for Chapter 7 or Chapter 13 bankruptcy last year.In 2010, about 1.5 million people filed for...

Foreclosure rate down by 21 percent in Alabama in 2011

by Paula Greenway | Jan 4, 2012 | Chapter 13, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law

According to a recent report by foreclosure research firm RealtyTrac, the rate of foreclosure in Alabama was 21 percent lower in 2011 than in 2010.  Last year, Alabama had the 31st lowest foreclosure filing rate in the country.In total, 16,487 foreclosures were...

Major U.S. cities file for bankruptcy

by Paula Greenway | Dec 22, 2011 | Jefferson County Bankruptcy, Municipal Bankruptcy

The current state of the economy has lead to U.S. cities filing for bankruptcy in order to deal with the debt and lack of revenue.Bankruptcy analysts have stated that nearly 100 cities may be nearing this option. Two large municipalities Jefferson County, Alabama and...
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