by Paula Greenway | Mar 11, 2010 | Alabama Bankruptcy, Bankruptcy Filing, Birmingham Bankruptcy, Greenway Bankruptcy Law, Personal Bankruptcy
When individuals consider filing for bankruptcy, their first step is often to visit a lawyer. Before this meeting, individuals should collect and prepare a number of documents.These documents include a list of creditors, outstanding loans, any secured debt, and any...
by Paula Greenway | Mar 4, 2010 | Alabama Bankruptcy, Bankruptcy Filing, Birmingham Bankruptcy, Greenway Bankruptcy Law, Personal Bankruptcy
Bankruptcy filings across the country increased by 31.9% last year. According to a report released by the Administrative Office of the U.S. Courts, bankruptcy filings totaled 1.4 million in 2009.The bankruptcy filings included 60,837 business-related filings, which...
by Paula Greenway | Feb 23, 2010 | Alabama Bankruptcy, Bankruptcy Filing, Birmingham Bankruptcy, Child Support, Greenway Bankruptcy Law, Personal Bankruptcy
Some individuals who file for bankruptcy are behind on their alimony and child support payments, along with their debts. While bankruptcy can get rid of some or all of their debts, it cannot erase alimony and child support payments.This means that filers cannot get...
by Paula Greenway | Feb 18, 2010 | Alabama Bankruptcy, Bankruptcy Filing, Bankruptcy Law, Birmingham Bankruptcy, Greenway Bankruptcy Law, Personal Bankruptcy
When individuals file for bankruptcy, they do not necessarily go to multiple court hearings. However, they are often required to attend one hearing, which is commonly known as a 341 meetings.At this meeting, bankruptcy filers will meet with their bankruptcy trustees...
by Paula Greenway | Feb 11, 2010 | Chapter 11 Bankruptcy
Members of corporate boards are often conflicted during company bankruptcies. While they often focus on increasing shareholder value during normal times, they are required to pay off creditors and adhere to bankruptcy law during a bankruptcy process.This change in...
