by Paula Greenway | Jun 2, 2011 | Bankruptcy Filing, Greenway Bankruptcy Law, Personal Bankruptcy
According to the American Bankruptcy Institute, the number of people in the United States that filed for bankruptcy last month was 16 percent lower than the number of people who filed for bankruptcy in May 2010.Last month, a total of 114,803 people filed for chapter 7...
by Paula Greenway | May 25, 2011 | Bankruptcy Filing, Birmingham Bankruptcy, Chapter 13, Chapter 7, Greenway Bankruptcy Law, Personal Bankruptcy
Alabama residents have several options for managing their debts. By choosing one of these options, one is able to take control of their current financial situation and move forward towards a debt-free life.One alternative to bankruptcy is debt negotiation....
by Paula Greenway | May 16, 2011 | Alabama Bankruptcy, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law
A report by RealtyTrac recently found that the rate of home foreclosures in Alabama is dropping steadily.The reports stated that the rate of foreclosures for the month of April dropped 24 percent from April of last year. Only 1,840 properties in Alabama...
by Paula Greenway | May 13, 2011 | Bankruptcy Filing, Chapter 13, Greenway Bankruptcy Law
A recent study that was released by the Woodstock Institute in Chicago found that black people are much more likely to file for Chapter 13 bankruptcy than white people, who are more likely to file for Chapter 7 bankruptcy.The study found that almost half of the black...
by Paula Greenway | May 4, 2011 | Alabama Bankruptcy, Birmingham Bankruptcy, Personal Bankruptcy
The tornado that recently wreaked havoc in Alabama has also been predicted to have a negative impact on the state’s finances. Jefferson County, in particular, will be affected by the storms because the county was already facing the biggest municipal bankruptcy that...