The Miami condominium jointly owned by former basketball star Glen Rice and his ex-wife Cristy Rice is being threatened with foreclosure, a November 6th article reported.According to reports, the bank who gave the former couple the loan for the property has claimed...
Greenway Bankruptcy Law
Understanding debt negotiation
Individuals in Birmingham who are dealing with overwhelming debt may hesitate to do anything about it because they feel that bankruptcy is their only option. Fortunately, that is not true. Debt negotiation is a process by which individuals who are struggling with debt...
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...
Student loan debt relief options for parents
Parents who are financially supporting their children’s education by cosigning their student loan debts may want to try the following options, especially if they are already having difficulty making their monthly payments.Parents who are struggling to pay their “PLUS...
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...
Ex footballer’s property may face foreclosure
The San Fernando Valley property of ex football player Terrell Owens may face foreclosure if he can’t sell the home within the 90-day time period, according to an article from Realty News.Reports said Owens failed to pay $905,417.06 in mortgages for his 4,250...
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...
Foreclosures not at pre-recession levels but still improving
Although more homes were foreclosed in May than pre-recession levels, it is still nearly half the number of foreclosures that occurred in 2011, according to the Orange County Register on July 14.According to CoreLogic data, approximately 7.8 million homes across the...
Troy officials warn people of payday loan companies’ bad practices
A meeting was held recently in Troy City to inform residents about predatory loaning businesses, WSFA12 reported on June 12.According to Troy City Councilwoman DeJerilyn King Henderson, many consumers did not know that they are likely paying more in...