by Brent W. Davis | Sep 20, 2015 | Bankruptcy Can Save Your Home.
What is a mortgage loan modification? A mortgage modification is a change in the terms of an existing mortgage loan. Loan terms include the principal balance, term, and interest rate. If payments have been missed the you have an “arrearage”. Mortgage...
by Brent W. Davis | Aug 23, 2015 | Uncategorized
A new rule protecting certain federal benefits from garnishment became effective May 1, 2011. The regulation, titled, Garnishment of Accounts Containing Federal Benefit Payments, is important because it will help protect the elderly and disabled, among others, who...
by Brent W. Davis | Jul 28, 2015 | Bankruptcy Answers for Alabama
Come see my new Bankruptcy Answers page. Ask Me Anything Bankruptcy. Bankruptcy Questions Answered. 205-259-1909
by Brent W. Davis | Jul 26, 2015 | Bankruptcy Answers for Alabama
Let me say this first: The “Means Test” is a “Paper Tiger” for most people. It’s scary when you first see it but an experienced Chapter 7 bankruptcy lawyer can show you that it is mostly toothless. That being said, read on…. The...
by Brent W. Davis | Jul 21, 2015 | Bankruptcy Protection from Wage Garnishment
In Alabama, wage or paychecks garnishments take 25% of your pre-tax income and give it to your creditors! They can also get into your personal bank account and take whatever is there. Alabama has laws to protect you from garnishment. Creditors hope you won’t...