In Birmingham and throughout Alabama, people have experienced inordinate struggles due to the unforeseen circumstances since early-2020. To help them account for issues like job loss, diminished income, medical expenses and more, protections were implemented so people...

Most Mobile area residents have at least one credit card. In fact, the average American has four credit cards. Making monthly payments on these credit cards can be challenging for some people, especially if they have lost their job or have many other unexpected...

The pause on student loan payments, precipitated by the current recession, has provided financial relief for many Americans. Since March 2020, borrowers have experienced forbearance on all loans owned by the U.S. Department of Education. This arrangement not only...

There are two types of personal bankruptcy that Alabama residents may consider when they are stuck under the weight of burdensome financial debt. The first is Chapter 7 bankruptcy, which involves the liquidation or sale of a debtor’s assets to pay off their creditors....

Many Alabamans are struggling with debt due to unprecedented financial challenges this year. Fortunately, there are legal options for debt relief, such as a Chapter 7 bankruptcy, that can offer much needed help. What is Chapter 7 bankruptcy? Chapter 7 bankruptcy is...

When Alabama residents get to the point where they are considering bankruptcy as an option to address their debt, they have usually considered all other options. Although household budget adjustments or debt consolidation plans can sometimes be enough to get debt...

Financial struggles can be difficult for Mobile residents to overcome on their own. When they cannot work to reduce their debts and feel stuck with bills they cannot pay, it may be time to talk to professionals who understand legal and effective methods of debt...

If you’re considering bankruptcy, then it’s important for you to know about exemptions. Exemptions are given for certain assets during a bankruptcy so that you don’t have to give up everything you own just to repay your creditors. Using exemptions cautiously, you may...

The longer you go without paying off a debt or without at least making a monthly payment, the more likely it is that the company involved is going to take more aggressive collection action against you. If you have already been subject to letters and phone calls, it's...

You were living a little bit above your means, but you loved the idea of being able to get the things you wanted without having to wait. You took out too many credit cards and used them until they were maxed out. You had a good job, so you knew that you could pay off...