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When I am meeting with clients, I often get asked the following question “Do I still owe the debt on my credit report that is listed as charged off?”

Unfortunately, the answer is “Yes” you still owe old charged off debt.

It goes without saying that people in need of bankruptcy protection are usually living on a very tight budget. They are barely making enough money to pay their day to day living expenses. Many, in fact, are not able to pay for a place to live or food to eat.

In order to have a successful Chapter 13 bankruptcy, you must make sure you are on time with your Trustee payments.  If you have a house, you must also make sure you stay current with your mortgage payments.  Of course, life happens, and if you have trouble with making your payments we at Bond & Bote

This is a question that we get asked often and, in our credit-based society, it is a very important one.  The Fair Credit Reporting Act (FCRA) [PDF] is the federal law that controls everything that is allowed to be on an individual’s credit report.

I get this question quite often and it is a valid question for someone that is not familiar with the bankruptcy process. The best answer to the question is: “Not with proper representation.”

A recent government audit performed by the government accountability office (GAO) and reported by Huffington Post found many senior Americans are being driven into poverty due to

This is a question that we hear often. A man or woman will call in with what they think is a simple question. He or she will share that they have been operating a business and want to know if they can bankrupt on just the business debt and keep their personal debt out of the bankruptcy. In this situation, as in many, the answer is not a simple one.

The 2014 Bond & Botes Financial Hardship Scholarship has been awarded to Niya McCray, who will be attending the Vanderbilt University Law School this fall. The $2,000 award will help defray her tuition costs, but it was the road Niya traveled to get this far that really made an impression.

A recent article published by the Southern Poverty Law Center reports that Alabama has more title loan lenders than any other state per capita. According to the SPLC article, there are four times as many payday lenders in Alabama than McDonald’s Restaurants. The high poverty level in Alabama draws these predatory lenders who prey on Alabama’s citizens who have fallen on hard times.