Tag Archive for: AL

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Can filing for bankruptcy in Alabama help a debtor eliminate their medical debt?

Moody, AL—There are plenty of reasons why individuals and businesses turn to bankruptcy, with one of those reasons being medical debt. The cost of medical care today is high and if an individual had to undergo medical treatment for which they…
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Can debt consolidation help a person in Alabama avoid bankruptcy?

Margaret, AL—Debt consolidation is when an individual takes all or most of their current debt and lumps it all together. Instead of them having to make multiple payments each month to different creditors, they would only be required to make…
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What is the Difference Between Secured and Unsecured Debt?

Moody, AL—Debt can be categorized as secured debt and unsecured debt. The most common form of debt individuals accrue is unsecured debt. Unsecured debt is debt “that has no collateral backing.”1 Credit cards, student loans, and even personal…
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Things Alabamians Should Consider Before Hiring a Debt Settlement Company

Leeds, AL—Debt settlement companies are often hired to settle a person’s debt. These companies are generally relied on by individuals who have accumulated more debt than they can repay but are looking to get their accounts settled and closed.…
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How can a person rebuild their credit after filing for bankruptcy?

St. Claire County, AL— Raising a credit score after filing for bankruptcy can take time, but it isn’t impossible. Although bankruptcy will stay on a person’s credit report for seven to 10 years, there are steps an individual can take to…