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Bankruptcy Law Blog

Saturday, November 18, 2017

Bankruptcy Fraud Is No Joke


he internet is full of advice about bankruptcy “loopholes” that allow you to hide money or other assets from Uncle Sam and your creditors. Following the advice of these internet experts, or anyone else that suggests skirting the law, is downright stupid. If you get caught, you could end up in prison.
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Monday, October 16, 2017

Getting A Mortgage After Bankruptcy


Unless you find a leprechaun’s pot of gold, the only way you are ever going to be able to buy a house is to get a mortgage. But going into debt after going through a bankruptcy can be sort of scary. You know that things can get out of control quickly if you make a couple of wrong decisions.
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Monday, October 16, 2017

This Is Heartbreaking


There are plenty of people the bankruptcy system fails. Sadly, those people are often poor African Americans. A recent article in The Atlantic Monthly revealed this problem that is so evident to those of us working in the system to the rest of the world by doing a deep dive into the Memphis courts, which are notorious for being full of repeat filers who are just trying to keep their utilities on.
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Friday, September 22, 2017

The Link Between Bankruptcy & Domestic Abuse


Moving in together, opening shared financial accounts, and sharing things like a phone plan or Amazon prime account are all big milestones in a healthy relationship. But in a relationship that goes bad, each of these things can be weaponized by an abusive partner.

When you hear that someone has been a victim of domestic abuse, you might assume that they have suffered some sort of physical abuse. But there are many different types of domestic abuse. One type that is shockingly common, but is often ignored by the authorities is financial abuse.
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Wednesday, August 23, 2017

Can I Go To Jail For My Debts?


One of the reasons bankruptcy laws were enacted in America was to end the practice of jailing people who fell into debt. Debtors prisons just weren’t working out because people who are locked up can’t earn money to pay off their debts, and the families of people who were jailed ended up worse off.


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Sunday, August 20, 2017

What is Normal?


One of the questions a lot of our clients ask is whether their particular situation is normal. Our response is almost always yes. Most people coming to us are


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Monday, July 31, 2017

Medical Debt Is One Of The Biggest Drivers Of Bankruptcy


One of the scariest things about having a medical emergency or lingering illness is the pile of bills that comes along with it. Just when you need to focus your energy on healing, your attention is drawn to the ever-increasing stack of bills the mailman has dropped off. 

Even if you have insurance, out-of-pocket medical costs can accumulate quickly. A recent article in the Atlantic Monthly reported that “half of all insurance policy-holders faced a deductible, the amount people need to pay on their own before their insurance kicks in, of at least $1,000. For people who buy their insurance via one of the Affordable Care Act’s exchanges, that figure will be higher still: Almost 90 percent have deductibles of $1,300 for an individual or $2,600 for a family.


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Friday, July 28, 2017

As American As Apple Pie


What do bankruptcy and apple pie have in common? They were both invented elsewhere but popularized in America. Apple pie was brought over from Europe, along with the apples necessary to make it, but has since become a cultural icon. Bankruptcy has roots that stretch as far back as the Biblical era, but was not popularized until America’s Founding Fathers were brave enough to experiment with it.

At the time of our nation’s founding, few other countries allowed debtors to file for bankruptcy. Those who could not pay their debts were more likely to be imprisoned or sold into slavery than given debt relief.


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Tuesday, June 27, 2017

How to Check Your Credit Score for Free. For Real.


A few years ago you couldn’t turn on the TV without getting the annoying “F-R-E-E that spells free. Credit report dot com baby.” jingle stuck in your head. The ads certainly raised awareness about the federal law that allows everyone to see a copy of their credit report for free each year, but the company behind the ads was also charging people who logged on to their site a subscription fee.

The company got into a bit of trouble for their bait and switch tactics, and now it is more transparent about what it is doing, but thankfully free credit report dot com is not the only way to get a copy of your credit score.


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Saturday, June 24, 2017

Not the Good Kind of Garnish


During Season 14 of The Simpsons, there is an episode called “Barting Over” where Bart petitions a court for emancipation after learning that his parents made a bunch of money by putting him in embarrassing commercials when he was a baby. Money which Homer was supposed to invest, but actually spent.   

The following


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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.”



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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.”