by Brent W. Davis | Sep 17, 2011 | Bankruptcy Protection from Wage Garnishment
They can’t take your money unless they sue you. Credit cards are unsecured loans. There is no car or House or TV to take back if you can’t pay the bill. The credit card lender can easily get the Judge to rule for them and enter a judgment against you...
by Brent W. Davis | Aug 20, 2011 | Bankruptcy Can Save Your Home., Bankruptcy Protection from Wage Garnishment
Many of us hope to leave our family homestead and heirlooms to our children. The problem these days is that there may be so much debt that creditors would take it all! Bankruptcy can prevent liens and judgments against the title to the home and preserve equity...
by Brent W. Davis | Jul 24, 2011 | Bankruptcy Can Save Your Home., Chapter 13 Debtors Court to Reorganize your Debts
Last Friday I attended a useful and scholarly Continuing Legal Education seminar hosted by the Birmingham Bar Assoc. Local attorney Robert C. Keller spoke for an hour on Automatic Stay Violations and on Lien Stripping in Chapter 13. He did a good job of making the...
by Brent W. Davis | Jul 12, 2011 | Chapter 13 Debtors Court to Reorganize your Debts
Will my neighbors know that I have filed for Chapter 7 Bankruptcy? Not unless you tell them. No one puts a sign in your yard. Not even your mother will know. Bankruptcies are public record, but someone would have to look at your credit report or search the Courthouse...
by Brent W. Davis | Jul 12, 2011 | Bankruptcy Can Save Your Home.
When missed mortgage payments grow out of control, the home can be saved if a chapter 13 Federal Court protected repayment plan is filed BEFORE the foreclosure sale is held. This will also protect the homeowner from other creditors and restructure those debts. Once...