Real estate experts recently observed that the Russell County foreclosure rate is one of the highest in the state of Alabama, making its way to the 9th spot, an article of wtvm.com reported on June 30. According to reports, of every 1,200 homes in Russell County, at...
Greenway Bankruptcy Law
Take a summer vacation while avoiding debt
For many families, credit card debt is an expected consequence of a nice vacation: American Express reports that a family of four is likely to spend approximately $4,580 on a vacation.Families who are on a tight budget may want to explore...
U.S. grads find it harder to pay off student loans than UK grads
A recent study revealed that although student loans are substantially higher in the UK than the U.S., college graduates in the U.S. often find it harder to settle their debts, an article of University Herald reported on June 17.In the report released by the...
Birmingham student loan debt among highest in the country
A recent study by the analysts at WalletHub shows Birmingham is within the top two percent of the most debt-stricken cities in the country.The consumer finance website conducted their study by weighing median incomes against average loan amounts in 2,513 cities in the...
February’s nationwide foreclosure rate declines by 10 percent
10 percent decrease in the nationwide foreclosure rate was observed in February when compared to the same month last year, a report of Orlando Business Journal stated on April 12.According to reports, the recorded foreclosure inventory across the U.S. in February was...
Disadvantages of using software in filing bankruptcy
People today often take advantage of using computer software and internet technology to make completing tasks more convenient, including bankruptcy filing. Though the internet is a great source for relevant information on how to address financial issues, people...
Americans are unable to wean from excessive credit card use
A recent report by Bloomberg observed that many credit card users are struggling to pay off the interest rates on their previous credit card balances.According to College Professor Scott Fulford, Americans at an early age start to heavily depend on credit...
Household credit card debt on the rise
A recent study by NerdWallet has shown that credit card debt for U.S. households is on the rise once again. According to the report, the average debt, which is now $15,355, has decreased since the recession, when it was as high as $17,000 in December of 2008, but has...
Financial documents required for bankruptcy
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...
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...