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...
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...
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...
It is truly a frustrating situation for any person to have overwhelming debts, and it can be even more worrisome if a person just lost his or her job. Unemployed individuals and those who are underemployed with overwhelming debts should know there is a bankruptcy...
Levels of foreclosure activity in the U.S. have decreased to a pre-recession level, a mydaytondailynews.com article stated on October 13.Overall foreclosure data provided by RealtyTrac noted in September that foreclosure filings nationwide have reduced by 24...
A lawsuit was recently filed against American actress Tori Spelling due to allegations that she failed to settle her overwhelming credit card debt, an October 4 article of Toronto Sun reported.Reports revealed that American Express filed a lawsuit against...
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...
Former NBA player Darius Miles recently sought bankruptcy protection after playing for several seasons and earning millions of dollars, an article of Belleville News-Democrat reported on September 16.The 34-year-old former player of the Los Angeles...