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Former state representative files for bankruptcy

by Paula Greenway | Sep 14, 2011 | Celebrity Bankruptcy Filings, Chapter 11 Bankruptcy, Greenway Bankruptcy Law

Former Alabama State Representative James Gordon recently filed for bankruptcy protection for himself and his business, the Alabama Injury and Pain Clinic.The business filed for Chapter 11 bankruptcy in hopes of reorganizing and continuing operations. Gordon also...

Birmingham-Hoover foreclosure rate increasing

by Paula Greenway | Sep 8, 2011 | Alabama Bankruptcy, Birmingham Bankruptcy, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law, Personal Bankruptcy

A recent report from CoreLogic says that the foreclosure rate in the Birmingham-Hoover metro area is increasing.In June, the foreclosures in the area increased by 1.67 percent from May.  In addition, June foreclosures in Birmingham-Hoover were 1.43 percent higher...

Foreclosures down by 29 percent in August

by Paula Greenway | Sep 3, 2011 | Alabama Bankruptcy, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law, Personal Bankruptcy

Real estate research firm RealtyTrac recently reported that foreclosure filings experienced a 29 percent year-over-year decrease in Alabama in August.Last month, a total of 1,358 foreclosures were filed in the state.  711 of the foreclosure filings were notice of...

Toni Braxton’s debts discharged in Chapter 7 bankruptcy

by Paula Greenway | Aug 30, 2011 | Celebrity Bankruptcy Filings, Chapter 7

Grammy award-winning singer Toni Braxton recently had many of her debts discharged under Chapter 7 bankruptcy.The singer filed for bankruptcy last September. The Chapter 7 filing listed $18.3 million in debts and $1.6 million in assets.Under Chapter 7 bankruptcy,...

Alabama Aircraft Industries submits reorganization plan

by Paula Greenway | Aug 24, 2011 | Alabama Bankruptcy, Bankruptcy Filing, Birmingham Bankruptcy, Chapter 11 Bankruptcy, Greenway Bankruptcy Law

This week, Alabama Aircraft Industries Inc. submitted a reorganization plan that proposes selling the majority of their assets to Kaiser Group Holding out of Virginia for $500,000.Chief Executive of the military aircraft modification company operating out of...
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