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  • What Is Chapter 11 Subchapter V?
    What Is Chapter 11 Subchapter V?

    Chapter 11 Subchapter V is a section of the U.S. Bankruptcy Code that was introduced in 2019 as part of the Small Business Reorganization Act (SBRA). This subchapter is designed to make the Chapter 11 ...

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  • How Can I Stop a Bank Attachment by the Alabama Department of Revenue?
    How Can I Stop a Bank Attachment by the Alabama Department of Revenue?

    If you are in debt, the Alabama Department of Revenue may want to place an attachment on your bank account. A bank attachment is a type of garnishment that the Alabama government can use to collect ...

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  • What Is a Reaffirmation Agreement in a Chapter 7 Case?
    What Is a Reaffirmation Agreement in a Chapter 7 Case?

    In a Chapter 7 bankruptcy case , a reaffirmation agreement is a legally binding agreement between the debtor and a creditor, in which the debtor agrees to repay a debt that would otherwise be ...

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  • Will Filing Bankruptcy Hurt My Credit Score?
    Will Filing Bankruptcy Hurt My Credit Score?

    One of the most common questions from new clients is: “Will this bankruptcy filing hurt my credit score?" The first thought I have in mind is usually: “Why is borrowing more money the first thing on ...

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  • When Old Creditors File  or Threaten a Lawsuit
    When Old Creditors File or Threaten a Lawsuit

    Consult with an attorney who practices in the area of bankruptcy and consumer law. It is possible that the debt is too old to collect on, particularly if the Plaintiff who filed suit is a debt buyer ...

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  • Why Debt Settlement is Often a Bad Idea
    Why Debt Settlement is Often a Bad Idea

    We often speak to potential clients about whether debt settlement would be an option that is better than bankruptcy. Although every person’s situation is unique in some way, there are some common ...

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