Blogs

One of the fundamental concepts in bankruptcy law is the bankruptcy estate.  When a person files for bankruptcy, the “bankruptcy estate” is created.  All of the debtor’s assets and interests in property are property of this estate.

Yahoo! Finance recently published a good article providing six tips for homebuyers to improve their credit reports.  This is a good article for everyone to read as it relates to improving credit reports and, as a result,  credit scores.

This time of year we receive numerous calls from clients about their inability to make their Chapter 13 payment due to “unexpected bills”.  The unexpected bills usually turns out to be shopping for Christmas!  Christmas comes every year on December 25th so it is very important to budget for t

When you reaffirm a debt, you are signing a contractual agreement to not discharge a debt.  That agreement is also signed by the creditor and usually your bankruptcy attorney.  The agreement is then filed with the Bankruptcy Court.  The filed reaffirmation agreement keeps that p

After over twenty-three years of helping individuals and families resolve their financial problems, I’m still amazed by how often I get this question. The answer depends on what is meant by “debts”. Let me explain.

Fines and Criminal Debts

My wife and I have the guilty pleasure of watching the reality TV series, Christley Knows Best. For readers unfamiliar with the series, the show offers an inside look at the antics of the millionaire Christley family and the family’s flamboyant father, Todd Christley.

A question that comes up frequently during a bankruptcy process is: "How does a judgment lien taken against me before a bankruptcy case is filed affect me after my case has been discharged?" This question usually arises because a person may be concerned about future liens that may be reflected in a title search upon purchasing or refinancing real estate.

It was recently reported that, according to data provided by Wells Fargo, Alabama ranks 45th in the nation for average credit score. The report, using data from Experian, one of the largest credit reporting agencies, shows an average credit score for Alabamians of 650.