Did you know that if you continuously fail to pay your debts, your creditors can sue you, get a judgment against you, and then begin debt collection efforts? In some states, a money judgment can last up to 20 years. In that time frame, creditors can renew the judgment several times until you pay off … Continue reading How to Stop a Judgment From Being Renewed in Alabama
Maybe you’ve heard of wage garnishment, where pesky creditors take money directly out of your paychecks. But can creditors garnish your bank account? The answer is yes. While taking money directly out of your bank account in order to pay off your debt seems incredibly unfair, it’s completely legal. The good news is that there … Continue reading Can Creditors Garnish Your Bank Account?
When you have mountains of debt, there’s lots to worry about. How can I afford to pay rent or my mortgage? How can I afford lunch this week? How am I going to pay this off? And maybe even: are my creditors going to start garnishing my wages? If so, how much money are they … Continue reading Wage Garnishment Alabama
Not only is divorce painful emotionally, but it’s also painful financially too. It’s a challenge to pay the divorce attorneys while also learning to survive on only one income for possibly the first time in years. As a result, you may also struggle to keep your home, keep your car, put food on the table, … Continue reading Is Alimony Dischargeable in Bankruptcy?
Sometimes life gets bumpy, and we face financial difficulties. This may be due to circumstances such as a job loss, reduction in income, or illness. For many people overwhelmed by mounting debt, a Chapter 7 bankruptcy is a huge relief. This type of bankruptcy eliminates unsecured debt and some secured debts. However, if you … Continue reading Reaffirmation of Debt
Bankruptcy is a daunting decision for many individuals, and you might struggle to decide whether or not it’s the right choice for you. For some people, filing for bankruptcy Chapter 7 allows them to handle their debts better. For others, it won’t really help their situation. That’s why it’s important to consult with bankruptcy lawyers … Continue reading 23 Questions to Ask Before Filing Chapter 7