by Paula Greenway | Apr 25, 2011 | Birmingham Bankruptcy, Chapter 11 Bankruptcy, Chapter 7, Greenway Bankruptcy Law
Superior Bancorp, a Birmingham-based bank corporation, is contemplating bankruptcy after one of its main holdings was auctioned off by federal regulators. The subsidiary, Superior Bank, consisted of 73 banks, which were all sold to pay off creditors.According to...
by Paula Greenway | Apr 18, 2011 | Debt Collection, Student Debt, Student Loan
With today being the last day to file taxes, many people are anxiously awaiting their tax refunds. However, for many, these tax refunds will go straight to paying off debt.One man in Gainesville reported that he will receive $8,000 in tax refunds, however, every penny...
by Paula Greenway | Apr 11, 2011 | Celebrity Bankruptcy Filings, Chapter 7, Greenway Bankruptcy Law, Personal Bankruptcy
The former interior designer for Dr. Phil recently retracted a Chapter 13 bankruptcy filing that she had filed in November 2010. The designer claims that she was forced to do so because of a financially-draining legal battle that she is currently involved...
by Paula Greenway | Apr 4, 2011 | Consumer Protection, Greenway Bankruptcy Law
A recent survey showed that, while the credit card debt of Alabama families has gotten lower in 2011, credit scores are at an all-time low. Alabama had an average credit score of 642 in January, which was the fourth lowest credit score in the U.S.These statistics...
by Paula Greenway | Mar 30, 2011 | Chapter 13, Foreclosure, Foreclosure Defense, Greenway Bankruptcy Law
Foreclosure defense programs that were put into action by the Obama administration in 2007 are now being abandoned by many in the House and Senate who say that the programs cause homeowners more harm than good.Votes in the House proved to be partisan, as Republicans...
