24 Hour Toll Free Help

Alabama Bankruptcy Information

Filing Bankruptcy in Alabama

The Alabama economy has deteriorated over the last few years. The unemployment rate is the lowest it has been in the last five years and house price appreciation has been below inflation. If you live in the state of Alabama, you may have been a victim of the economic slow down. You may have lost your job, had unexpected medical bills or have tried to sell your home only to find that the housing market has slowed. If you are facing a home foreclosure, wage garnishments, a loss of a job or high credit card debt and you are unable to pay your bills, filing bankruptcy may be an option for you.

The Federal government has established the bankruptcy process as a legal option for individuals to discharge all or a portion of their debt by filing Chapter 7 Bankruptcy, or restructure their debt repayment by filing Chapter 13 Bankruptcy.

If you are unsure of your financial future and believe that your best option is to file personal bankruptcy, it is important to discuss your plans with an Alabama Bankruptcy Attorney. An Alabama Bankruptcy Lawyer will be able to review your assets and debts and answer your bankruptcy questions. An attorney from Alabama will also be familiar with the states bankruptcy law and can determine if you are eligible to file for Chapter 13 Bankruptcy or Chapter 7 Bankruptcy.

More Help on Alabama Bankruptcy Information

Find Other Articles

  • Tagged with the keyword:

Chapter 7 and Chapter 13 Bankruptcy Help

The two most common consumer bankruptcies are Chapter 7 and Chapter 13, our sponsoring lawyers handle these types exclusively so you can be sure you are getting accurate legal advice when you file bankruptcy. Our Bankruptcy attorneys will fight to protect your rights and your property, fight the aggressive and annoying creditors for you, and they can help you keep your home, vehicles and other property.

A lawyer will be committed to getting you debt relief and providing you with valuable information, services and advice to get you a better financial future. There are many convenient locations to make filing bankruptcy or learning about the alternatives we offer, even easier.

Get Help Now

Recent Bankruptcy Articles

  • Home Equity and Bankruptcy
    If you have equity on your house, then it is possible to use that equity in order to pay off your Chapter 13 bankruptcy at a much faster pace.
    - read more

  • Fair Credit Reporting Act
    The primary purpose of the Fair Credit Reporting Act is to ensure fairness and accuracy of credit reporting, and that the procedures followed are reasonable.
    - read more

  • Most Common Reasons for Bankruptcy
    A list of ten most common reasons people usually file for bankruptcy, including harassment from creditors and to end wage garnishments.
    - read more

  • Student Loans and Bankruptcy
    According to new changes, your student loan will only be discharged if the bankruptcy court is convinced that paying back the loan would bring about undue hardships for you or the people who are dependent on you.
    - read more