by Brent W. Davis | Dec 10, 2022 | Bankruptcy Answers for Alabama
The bankruptcy means test analyzes your income to determine whether or not you are eligible to file Chapter 7 bankruptcy. Consisting of two steps, the means test is used to determine if you have sufficient disposable income to pay off your debts.It’s important to bear...
by Brent W. Davis | Nov 30, 2015 | Bankruptcy Answers for Alabama
This is the era of Do-It-Yourselfers. Spend a few hours on Google, download the official bankruptcy forms, and you can file your own bankruptcy or Chapter 13! What could possibly go wrong? Tomorrow, December 1, 2015 NEW bankruptcy forms are required in...
by Brent W. Davis | Oct 18, 2015 | Bankruptcy Answers for Alabama
This is very good news for bankruptcy debtors who have been abused and wronged by creditors. Over in the 9th Federal Circuit, the Appeals panel has issued a ruling that is good news for Americans who are abused by creditors [Sternberg v. Johnston, 595 F.3d 937 (9th...
by Brent W. Davis | Oct 11, 2015 | Bankruptcy Answers for Alabama
In a break from tradition, instead of a blog entry essay, I am reproducing the entire article from www.collectionscreditrisk.com that can be found here: alabama-payday-lending-tops-in-two-months I could not say it better myself. Payday loans are the scourge of the...
by Brent W. Davis | Sep 27, 2015 | Bankruptcy Answers for Alabama
Even though unemployment is shrinking, wages have fallen over the past seven years since the Great Recession of 2007. Banks are struggling to make new loans to a smaller pool of high credit rating holders. The bad debts that limp along keep banks from recovering and...