ClickCease
Share

Bankruptcy Law Blog

Wednesday, June 30, 2021

Credit Card Debt Still A Challenge Despite Dip In Spending


Since the start of the pandemic, the average amount of credit card debt most families have is dropping. But for families in financial distress, credit card debt remains a substantial burden. Filing for bankruptcy can relieve that burden, but exactly how depends on the Read more . . .


Tuesday, June 29, 2021

4 Things You Need To Know About Bankruptcy And Divorce


There are few things in life that impact your finances more than your marital status. Who and when you marry can impact your earning potential for the rest of your life. Sharing household expenses can improve your quality of life. Getting a divorce can completely wreck things. In fact, divorce is one of the leading causes of Read more . . .


Tuesday, April 27, 2021

Bankruptcies Decrease Despite Economic Downturn


Many people assumed that the financial downturn caused by the COVID-19 pandemic would force a lot of people into bankruptcy. However, statistics released by the Administrative Office of the U.S.
Read more . . .


Friday, April 23, 2021

How Long Will A Bankruptcy Stay On My Credit Report?


We talk about bankruptcies as a way to get a fresh start. You can wipe the slate clean and begin all over again. For the most part this is true, but there is one long-term impact of bankruptcy you should be aware of.
Read more . . .


Wednesday, March 17, 2021

Seller Beware: Just Because The Market Is Hot Doesn’t Mean Bankruptcy Filers Should Sell Their Property


The real estate market in Alabama is hot right now. Tight inventory and low-interest rates make it a seller’s market.
Read more . . .


Wednesday, March 3, 2021

A Meeting Of Creditors


A group of bees is called a swarm. A group of rhinoceroses is called a crash. A group of hyenas is called a cackle. We’re not sure if there is an official term for a group of creditors, but we suggest “a headache.”

In all seriousness, getting a filer’s creditors together is part of every Read more . . .


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 . . .


← Newer12 3 4 5 6 7 8 9 10 11 12 13 14 15 16 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.”