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...
Personal Bankruptcy
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...
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...
Debt management tips for seniors
ABC 7 offered some tips for senior citizens who may be struggling with debts as they reach retirement age. In this situation, you may want to consider the following ways to decrease stress over your finances:Identify all expenses and create a workable...
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...
Bullet Bob’s former spouse scheduled to lose home
The residential property of the former spouse of late Dallas Cowboys football star Bob Hayes is being threatened with foreclosure, a May 5 report of WFAA 8 revealed.Reports said that former wife of “Bullet Bob,” Altamease Hayes, and her legal counsel sought a...