ClickCease
Share

Bankruptcy Law Blog

Friday, February 26, 2021

Are Student Loans Dischargeable in Bankruptcy?


In 2020, student loan debt across the United States hit a whopping $1.56 trillion. Yes, trillion. This 1.56 trillion-dollar burden is borne by 45 million Americans.
Read more . . .


Thursday, February 25, 2021

5 Possible Alternatives to Foreclosure


Being delinquent on your mortgage is a scary time. You’re faced with potentially losing your home at a time when stability is what you need. In 2008, U.S. mortgage foreclosures spiked as a result of overextended lending and poor credit standards.
Read more . . .


Friday, January 29, 2021

Bankruptcy Is Not A Moral Failure


When P.T. Barnum, the king of curiosities and co-founder of the self-proclaimed “Greatest Show on Earth,” went bankrupt, Ralph Waldo Emerson wrote that it showed the gods to be “visible again.” Emerson and many others were pleased that Barnum was in financial trouble because they disapproved of his money-making tactics.

Emerson’s attempt to tie Barnum’s bankruptcy to some sort of moral failure is perhaps fitting given that Barnum built his empire by exploiting racial differences, putting people with disabilities on public display, and committing outright fraud.
Read more . . .


Thursday, January 28, 2021

Bankruptcy Exemptions Ensure You Don’t Have To Start From Scratch


Ina Garten is one of the most popular celebrity chefs in America. People love her recipes, and her positive attitude, which is on full display on Barefoot Contessa, her show on the Food Network. One of the things she has become known for is noting “store-bought is fine” if you can’t, or don’t want, to make a particular ingredient from scratch.

Making things from scratch can be hard. Ina understands that, so she gives her viewers the okay to make things easier on themselves.
Read more . . .


Wednesday, December 23, 2020

Understanding Your Credit Score


Credit scores underlie most major financial decisions including buying a home, a car, and even switching jobs – in some industries, a poor credit score can limit your employment. At Padgett & Robertson, we work with individuals and families in Mobile and the surrounding areas to repair their credit scores, contest wrongful credit reporting, and reign in aggressive debt collectors. We are acutely aware of the impact that aggressive debt collectors have. These overbearing tactics often push individuals and households into Read more . . .


Monday, December 21, 2020

The Fair Debt Collection Practices Act


Due to COVID-19, many Americans have found themselves unable to work due to no fault of their own. Despite the circumstances out of their control, debt continues to build and come due. Credit card debts, car loan repayments, and a litany of other debts are front and center for many Americans suffering the economic impacts of COVID-19.

Creditors are increasingly turning to debt collectors to recover the amounts owed. Thankfully, the Fair Debt Collection Practices Act protects debtors from debt collectors’ abusive and harassing tactics.
Read more . . .


Wednesday, November 25, 2020

Debt Collectors Profit During The Pandemic


Americans currently owe more than $14 trillion in consumer debt. Of that, $372 billion is at least 90 days late and considered seriously delinquent.
Read more . . .


Monday, November 23, 2020

We’re Ready To Turn The Page On 2020, Debt Collectors May Not Be


2020 has been a heck of a year. Many of us are eagerly anticipating the ball drop on New Year’s Eve so we can put this year behind us. Perhaps the only people interested in slowing down the clock are creditors who don’t want the debts they are owed to get too old to collect.

You may not realize it, but the debt you hold has an expiration date, but it does. Creditors have a limited window of time during which they are able to sue you to collect past due payments.
Read more . . .


Monday, October 26, 2020

Will Filing For Bankruptcy Protect Me From Eviction?


In response to the COVID-19 pandemic, several states and cities across the country placed a temporary moratorium on evictions. But not Alabama. TRead more . . .


Thursday, October 22, 2020

Hospital Suing Patients Over Medical Debt Despite Pandemic


You would think that of all people medical providers would understand the importance of cutting folks some slack during the pandemic. But that is not the case. Hospitals are starved for cash since people have been delaying medical treatment and staying away from the doctor unless it is an emergency. To try and stay in the black, some hospitals are being very aggressive with their debt collection tactics.

A Read more . . .


Wednesday, September 30, 2020

How Do I Know if I Qualify For Chapter 7 Bankruptcy?


Filing a Chapter 7 bankruptcy in Alabama can give you the debt relief you need to get a fresh start. However, debtors who file under Chapter 7 must meet income requirements to qualify for a bankruptcy discharge. The bankruptcy discharge is an order from the bankruptcy court that releases your liability for certain debts.


Read more . . .


← Newer12 3 4 5 6 7 8 9 10 11 12 13 14 15 Older →

Archived Posts

2021
2020
2019
2018
2017
2016
2015


Bankruptcy Law News

Padgett and Robertson assist clients with Bankruptcy, Personal Bankruptcy, Consumer Bankruptcy, Chapter 7 Bankruptcy, Chapter 13 Bankruptcy and The New Bankruptcy Law in Mobile, Alabama and throughout southern Alabama. Alabama State Bar Association Regulations require the following: "No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers." 11 U.S.C. 528 of the U.S. Bankruptcy Code requires the following: "We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.”



© 2021 Padgett & Robertson
4317 Downtowner Loop N., Mobile, AL 36609
| Phone: 251-342-0264

Personal Bankruptcy | The New Bankruptcy Law | Testimonials | About Our Firm | Bankruptcy | Client Resources | Getting Started

Facebook

Attorney Website Design by
Zola Creative


Alabama State Bar Association Regulations require the following: "No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers." 11 U.S.C. 528 of the U.S. Bankruptcy Code requires the following: "We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.”