by Paula Greenway | Nov 24, 2009 | Bankruptcy Filing, Bankruptcy Law, Birmingham Bankruptcy, Greenway Bankruptcy Law
When people file for bankruptcy, they are often able to keep their home. Under most bankruptcy laws, people can protect at least one home worth up to a certain dollar amount.However, if an individual or family owns more than one home, they may not be able to keep the...
by Paula Greenway | Nov 20, 2009 | Alabama Bankruptcy, Bankruptcy Filing, Birmingham Bankruptcy, Chapter 7, Greenway Bankruptcy Law, Personal Bankruptcy
According to federal data, Chapter 7 bankruptcies have risen by more than 40 percent since 2007. This significant rise is likely caused by a number of factors.For instance, the recent economic crisis has led to lower incomes for many people. With these lower incomes,...
by Paula Greenway | Nov 12, 2009 | Alabama Bankruptcy, Bankruptcy Filing, Birmingham Bankruptcy, Greenway Bankruptcy Law, Personal Bankruptcy
Filing for divorce is a difficult process for most couples. When divorce occurs at the same time as a bankruptcy filing, the process can seem almost impossible.However, there a number of strategies to make the process easier. First, couples should consider file for...
by Paula Greenway | Oct 30, 2009 | Bankruptcy Filing, Bankruptcy Law, Personal Bankruptcy
While not everyone’s credit application will be accepted, everyone has the right to know why. As required by the Equal Credit Opportunity Act, creditors must tell people why their credit request was denied.The reasons for denying credit to someone can vary. For...
by Paula Greenway | Oct 22, 2009 | Birmingham Bankruptcy, Greenway Bankruptcy Law
Some people who are recovering from bankruptcy have trouble improving their credit score. One strategy for improvement is to obtain a secured credit card.Secured credit cards are based on collateral in a bank account. In other words, if someone obtains a secured...