Reorganize your Debts

     This article was great reading for a consumer bankruptcy lawyer in Alabama.   You will love the descriptions of the thugs and underhanded collection agencies that buy bad debts that were charged off by the original creditors-some of the debts were discharged in Chapter 7 or Chapter 13 bankruptcy years before.   Some shady collectors will threaten criminal prosecution of their demands for payment are not obeyed.   Too often the collector cannot produce any documentation of the debt other than the victim’s name, address, account number and balance.  

     Unscrupulous debt collection is not just something that happens in big cities.   Good people in Shelby and Jefferson County fall victim every day.  I can use Federal bankruptcy law to protect you and your loved ones from this collector abuse.  Get a fresh start.  Call anytime for a free consultation.  205-989-1919

 

 

 

For the full article go to http://goo.gl/KRlXss

     Right here in Alabama, the number of people filing bankruptcy continues to fall.  The trend started in 2010.  It is the same all over America.  However, the number of consumers that have debt in collection has not shown a similar movement.   In  fact, accounts in collection have risen over the same period.  The New York Federal Reserve data shows that the number  is unchanged since 2010.

     The cause may be that the Great Recession of 2008 has prevented consumers from getting credit.   There may be less debt that can be discharged in bankruptcy.  About one-third of all households cannot get mortgages or have been denied credit in the past year.   Budgets are made tighter by heavy student loan debt.  This debt cannot generally be discharged in bankruptcy and with a bad economy and lower wages, the irresistible force is coming nearer to the immovable object and Americans are in between them.

     You do have options to escape or to relive some of that pressure.   Debts that cannot be discharged in Chapter 7 bankruptcy can be managed in Chapter 13 .  Debts can be reduced and restructured to make room in the family budget.   Car loan interest and payments can be drastically reduced.  Unsecured debts, like medical bills or credit cards or payday loans can be stripped of all interest and paid pennies on the dollar.  We offer free consultations.  Please contact us now to start a new tomorrow.  205-989-1919

Will my neighbors know that I have filed for Chapter 7 Bankruptcy?

Not unless you tell them. No one puts a sign in your yard. Not even your mother will know. Bankruptcies are public record, but someone would have to look at your credit report or search the Courthouse records to see it.

Contact Bankruptcy Lawyer  Brent W. Davis

Will I lose my house and car and the shirt off my back if I file for Chapter 7 Bankruptcy?

No, most people who are up to date on house and car payments keep those debts and keep paying for them. State laws protect your clothes amd books and heirlooms and other household goods from being taken. You just lose the debt that isn’t working for you.

Contact Bankruptcy Lawyer  Brent W. Davis