by bkabritsor | Oct 22, 2019 | chapter 13 bankruptcy
Struggling with large amounts of debt can be overwhelming, and it is a reality that an increasing number of Americans are facing today. In fact, the New York Fed reports that total U.S. debts are steadily increasing, with mortgage balances rising by $162 billion in...
by bkabritsor | Sep 6, 2019 | chapter 13 bankruptcy, chapter 7 bankruptcy
Bankruptcies in Alabama and across the nation have gone up since 2018 with about 800,000 petitions expected throughout 2019. USA Today reported that the nation averaged 2.5 petitions per each 10,000 residents. Experts also anticipate a vast number of baby boomers over...
by bkabritsor | Jul 3, 2019 | chapter 13 bankruptcy, chapter 7 bankruptcy
Filing bankruptcy is often a difficult decision to make. However, it can be the best one because it can help you get control over your debts and start fresh. Many people in Alabama immediately think about filing Chapter 7 bankruptcy. This allows you to settle debts...
by bkabritsor | Jun 13, 2019 | chapter 13 bankruptcy
If you decide to file bankruptcy in Alabama, you first have to decide which type to file. If you have enough income, then you can file Chapter 13, which is a repayment plan. You create a plan to pay back your creditors. You will not always have to pay the full amount,...
by bkabritsor | Jun 3, 2019 | chapter 13 bankruptcy
Imagine a situation where your finances are a mess. You have serious debt issues, and despite trying your best to pay off your debts, you are in over your head. There is no way you will be able to pay off your debts, so you make the decision to file for Chapter 13...
by A. Cooper Attorney at Law LLC | Jan 18, 2019 | chapter 13 bankruptcy
Once you have decided that bankruptcy is your best chance of overcoming your debt, you still have another decision to make. You will have to choose which form of bankruptcy best meets your needs. This decision may be difficult unless you are already well-informed...
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