In a world where financial success is often glamorized, it’s easy to forget that many famous individuals have faced severe monetary struggles and even filed for bankruptcy. At Greenway Law Group in Birmingham, Alabama, we believe in the power of recovery and the resilience that comes with it. To inspire our clients, we’re showcasing a few renowned individuals who filed for bankruptcy and managed to bounce back stronger.
How Social Media Has Changed Debt Collection In the past decade, technology has drastically changed how people manage their finances and interact with financial services. With the advent of social media and sites such as Instagram, Facebook and Tik Tok playing a more...
Choosing Between Chapter 7 and Chapter 13 Bankruptcy: Which Is Right for You? Many times when I meet with a client, they have no idea whether they need a Chapter 7 or a Chapter 13 case. The concepts between the two can confuse even a seasoned lawyer, so there is no...
Understanding Chapter 7 vs. Chapter 13 Bankruptcy Many times when I meet with a client, they have no idea whether they need a Chapter 7 or a Chapter 13 case. The concepts between the two can confuse even a seasoned lawyer, so there is no doubt that many consumers feel...
Debts That Remain After Bankruptcy: What You Need to Know Though filing for bankruptcy can be the ultimate recourse for some individuals who have been left with overwhelming debts, people should understand that in some instances there are debts that may still remain...
Understanding the Foreclosure Process in Alabama: What Homeowners Should Know Homeowners should know how the foreclosure process works in Alabama for them to better avoid getting in trouble with lenders once they have started to be considered delinquent. In Alabama,...
Financial experts have observed that though many people are earning more money, nationwide credit card debt is also on the rise, noting the $912 billion debt from January to June of this year.Experts noted that mitigating credit card debts could be considered “one of...
A recent study revealed that, compared to many states, Alabama’s households tend to have much lower credit card debt, a Thursday, December 8 article of al.com reported.The average credit card debt of households in all states is $15,675, but reports revealed that...
Actress Lindsay Lohan might find herself heading for bankruptcy due to claims that she failed to settle the rent payments on her flat in London, an October 22 report of the Economic Times stated.The bankruptcy issue reportedly comes as the 30-year-old actress...
Financial experts have observed that though many people are earning more money, nationwide credit card debt is also on the rise, noting the $912 billion debt from January to June of this year.Experts noted that mitigating credit card debts could be considered “one of...