Tag Archive for: AL bankruptcy lawyer

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Online Wine Subscription Service Winc Files for Chapter 11 Bankruptcy

The online wine subscription service Winc is facing some tough times. Winc was founded in 2012 and is based in Santa Monica, California. While the purchase of wine and spirits isn’t exactly down, Winc’s profits have fallen, which has resulted…
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Alex Jones Has Now Filed For Personal Bankruptcy

Infowars founder Alex Jones has filed for bankruptcy, and this time, it’s personal. Just a few months back, Jones was ordered to pay roughly $50 million in damages to some victims and the families impacted by the Sandy Hook Elementary School…
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What Happens If I Max Out My Credit Cards Before Filing For Bankruptcy?

Running up the balances on your credit cards just before you file for bankruptcy is a bad idea. Here’s why.   Moody, AL–Bankruptcy offers debtors some level of relief when they’ve accrued more debt than they can afford to pay…
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Here’s What You Shouldn’t Do Before Filing for Bankruptcy in Alabama

Steele, AL–If you’ve fallen deep into debt and can’t seem to find a way out, bankruptcy may be a suitable solution to get you back on track. But there are a few things you should know before you begin the process, including how to prepare…
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Want to Avoid Holiday Debt? Consider These Tips

With the holidays just around the corner, many have begun getting a head start on their shopping. And that could mean accruing more debt. While the holidays are certainly a joyous time for most, they are also known for causing consumers to spend…
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Is There a Minimum Amount of Debt Needed to File for Bankruptcy?

St. Clair County, AL–If you’ve fallen into debt and are considering filing for bankruptcy, rest assured you aren’t alone. With the average consumer debt (i.e. payday loans, credit card debt, student loans, etc.) currently set at around…
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Former California Congresswoman Katie Hill Files for Bankrutpcy

After Katie Hill victoriously won herself a Congressional seat in 2018, things appeared to have taken an awkward turn down south for the politician. A year after being elected, and winning the hearts of voters in a “traditional GOP congressional…
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Common Bankruptcy Terms to Know When Filing for Bankruptcy in Alabama

Moody, AL—Whether an individual is interested in learning more about the bankruptcy process because their finances are out of order or is ready to take the leap and file, they are bound to run into terms they aren’t familiar with. To help…
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Can a person in Alabama file for bankruptcy alone if they are married?

Ashville, AL—Individuals in Alabama have the option of filing for bankruptcy independently or jointly with their spouses. They will want to consider whose name the debt is in, however, as filing for bankruptcy could impact both individuals.   Reasons…
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Frequently Asked Questions About Filing for Chapter 13 Bankruptcy in Alabama

Leeds, AL—Individuals who are considering filing for bankruptcy in Alabama may have come across Chapter 13 bankruptcy as an option for them to consider. This type of bankruptcy is often used by individuals who earn a “regular income,”…
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What is the downside to filing for bankruptcy in Riverside, Alabama?

Sure, filing for bankruptcy provides individuals with a clean financial slate to work with, but what is the downside to declaring bankruptcy? In this article, Alabamians who are considering bankruptcy will gain a better understanding of the…
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Do all assets have to be disclosed when filing for bankruptcy in Alabama?

Ragland, AL—Yes, all assets must be disclosed when a person or business files for bankruptcy in Alabama. If an individual is concerned that they must share with the bankruptcy court all of the assets they have, they should speak with a Ragland,…
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What does it mean when someone files for straight bankruptcy in Alabama?

Steele, AL—When a person files for “straight bankruptcy” in Alabama, they are filing for Chapter 7 bankruptcy. Straight bankruptcy is another way to refer to Chapter 7 bankruptcy and is one of the more common types of bankruptcy individuals…
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Should a person in Pell City, Alabama file for bankruptcy if they are in debt?

Being in debt is stressful and while many who fall into a financial rut are looking for a quick and easy fix, bankruptcy isn’t always the answer. Before a person considers filing for bankruptcy in Alabama, they need to understand what the…