Blogs

New 40-Year FHA Loan Modification Option

FHA Refinance

There is a proposed change to the FHA options offered to homeowners and buyers in terms of mortgages. With a longer-than-ever 40-year term announced with the intent of helping keep people in their homes, reduce foreclosure actions and make housing more affordable.

Gen X Debt and Retirement

Debt and Retirement

A recent study found that Gen X (42 to 57 years old) is the least likely generation to know when they want to retire and how much money they’ll need to do it. The typical Gen X household has about $64,000 saved for it — not nothing, but not enough to generate a lot of income. It also found that 20 percent of Gen X respondents overestimate how much they can pull from their retirement funds.

Repossession: Can a creditor really take my property?

Vehicle Repossession

If you find yourself in a position in which you are overrun by debt and unable to manage your payments, you have probably already started receiving phone calls from creditors and letters in the mail demanding payment.

Household debt increased by $1 trillion

Increase Debt Burden

Recently it was reported that Americans added over a trillion dollars in debt during 2021. To put that into perspective that is a little more than $2,750 for every person in the country. This is the largest amount recorded in 14 years.

Security Clearances and Criminal Charges

By Ronald C. Sykstus

Ronald Sykstus

One of the issues that I have seen lately is individuals with clearances getting criminally charged with federal or state offenses. What should you do if you hold a security clearance and find that you are charged or have pending criminal charges in federal or state court?

Your Tax Refund and Bankruptcy

Tax Refund

It comes up every tax season. You’re looking forward to receiving a big tax refund check, and you’re also working hard to get your bankruptcy case filed. So, what happens to your tax refund in a bankruptcy case?

Student Loan Debt - and How to Avoid It

Paying For College

It is no secret that going to college will cost money. Along with tuition, currently $545 per credit hour for in-state students at the University of Alabama, there are many more costs to consider when going to college; housing, food, travel, books, fees, and all these before one football game or social event.

Inflation and the impact on Your Debt

Iinfaltion

It is a cold fact that everything is getting more expensive. Inflation is cruel, making the cost of what you need today like gas, food, clothes, and just about everything more expensive. For many that have incurred debt like mortgages, car loans, credit cards, and medical debt, inflation will surely require hard choices.

Bankruptcy and Employment

A common question asked by our clients who are contemplating filing bankruptcy is whether or not doing so will affect their employment. According to 11 U.S. Code § 525, neither a government or private employer “may terminate the employment of, or discriminate with respect to employment against ...

What is Debt Settlement?

Debt settlement typically involves contracting with a debt settlement company to handle the negotiations for you. For a fee, the company will negotiate with your creditor to accept a reduced lump-sum payment of what you owe them, mostly on unsecured debt like credit cards.

Pages

Bond & Botes Law Offices

At Bond & Botes, we now offer full service bankruptcy consultation and filing over the phone or by video from the comfort and safety of your home or office. Please call 1-877-581-3396 or click here to setup your free phone or video consultation.

The lawyers at the Bond & Botes affiliated offices serve clients at offices in Anniston, Birmingham, Mobile, Montgomery, Opelika, Decatur, Huntsville, Florence, Haleyville and Gadsden, Alabama; Vicksburg, Hattiesburg and Jackson, Mississippi. Read our disclaimer here. You can view our Privacy Policy here.

Alabama Offices

Birmingham

2107 5th Avenue North
Age-Herald Building
Birmingham, Alabama 35203
Phone: (205) 802-2200


Shelby County Location
15 Southlake Lane, Ste 140
Birmingham, AL 35244
Phone: (205) 802-2200


Florence Location
121 S. Court Street
Florence, AL 35630
Phone: (256) 760-1010


Huntsville Location
225 Pratt Avenue NE
Huntsville, AL 35801
Phone: (256) 539-9899


Montgomery Location
311 Catoma Street
Montgomery, AL 36104
Phone: (334) 264-3363


Decatur Location
605 Bank Street NE
Decatur, AL 35601
Phone: (256) 355-2447


Haleyville Location
914 19th St.
Haleyville, AL 35565
Phone: (256) 760-1010


Gadsden Location
430-B Chestnut Street
Gadsden, AL 35901
Phone: (256) 485-0195


Opelika Location
216 South 8th Street
Opelika 36801
Phone: (334) 264-3363


Anniston Location
1302 Noble St #2C
Anniston, AL 36201
Phone: (256) 485-0195


Cullman Location
200 Second Avenue SW
Cullman, AL 35055
Phone: (256) 739-9866


Mississippi Offices

Jackson Location
120 Southpointe Dr., A
Byram, MS 39272
Phone: (601) 353-5000


Hattiesburg Location
607 Corinne St, Ste B8
Hattiesburg, MS 39401
Phone: (601) 353-5000


Vicksburg Location
1212 Farmer Street
Vicksburg, MS 39180
Phone: (601) 353-5000

© 2024 by Bond & Botes Law Offices. All rights reserved. Disclaimer | Privacy Policy