Filing for bankruptcy, while frightening, can often provide individuals and families with a great deal of relief from financial hardships. If you have decided to file for bankruptcy in Birmingham, you will need to collate and provide several important financial...
Chapter 7
Former Redskins player files for Chapter 11 bankruptcy
Former professional football player Clinton Portis recently filed for Chapter 11 bankruptcy in Florida after reports revealed that he was facing debts of over $2.5 million. News sources said the 34-year-old ex-Redskins star filed for Chapter 11 Bankruptcy in the...
How to quickly recover from credit card debt
Nationwide credit card debt continues to soar, leaving many households steeped in what they often believe will be a never-ending debt cycle. Fortunately, the following is a list of tips for these individuals that may enable them to pay off their credit card balances...
Bankruptcy terminology everyone should know
Since bankruptcy is a legal procedure, many of its terms can be confusing, especially to those people who are considering filing for the first time. Below are terminologies people should know when considering filing for bankruptcy:Insolvency means that a person or a...
Indicators that you should consider bankruptcy
People who are dealing with financial difficulties can often be confused and may likely think that their problem will never end. People in Birmingham who are struggling with their finances may want to consider filing for bankruptcy if they experience any of the...
1 in every 6 NFL athletes files for bankruptcy
A recent study revealed that an average of one in every six NFL football players file for bankruptcy, an article from Ventura County Star reported.According to the research conducted by the National Bureau of Economic Research, professional football players seek...
Each member of boy band Blue has sought bankruptcy protection
Singer Lee Ryan of the once-famous R&B group “Blue” has sought bankruptcy protection, the 4th and last member of the group to make that decision, a May 18 article of The Guardian stated.The 31-year-old music artist was pressured to file for bankruptcy by a...
Ex Baywatch star sells her house to pay debt
Ex Baywatch actress Nicole Eggert recently sold her luxurious Los Angeles home to pay off hundreds of thousands of dollars of debt, an article of Realty Today stated on April 28. The 43-year-old who played the role of “Summer Quinn” in the 90s TV series reportedly...
Survey reveal U.S. credit card debt soared in 2014
On March 10, CBS reported that credit card debt last year skyrocketed and the trend is expected to continue into 2015 as the U.S. economy continues to improve.According a recent survey from CardHub, a total of $57.1 billion in new credit card debt was recorded in the...
Ways to manage credit card debts after the holidays
Credit card holders who have splurged during the holiday season may consider the following tips to possibly lessen the headaches come repayment time, a Market Watch article stated on January 5 . • Credit card holders may want to pay their cards with the highest...