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The Role of the Bankruptcy Trustee

Legal Representation for Alabama Residents Reorganizing Their Finances The bankruptcy attorneys at Grainger Legal Services can help individuals throughout Alabama protect their interests during financial reorganization. Working with a bankruptcy trustee can help you make sure you receive the greatest possible discharge of your consumer debts. Most states are part of the U.S. trustee program… Continue reading The Role of the Bankruptcy Trustee

Retirement Accounts

Knowledgeable Bankruptcy Lawyer Guiding Alabama Residents When you file for Chapter 7 bankruptcy, some of your assets will be sold, and the proceeds received from the sales will be used to repay your unsecured creditors. Unsecured creditors are those to whom you owe debts that are not secured by any property. It can be challenging… Continue reading Retirement Accounts

Protecting Assets with Exemptions

Protecting Your Assets in Alabama Every state has its own rules about what property can be protected during bankruptcy by “exemptions.” Some states follow a federal exemption system, but Alabama follows only its own exemption system. One of the key reasons it is so important to retain an experienced Montgomery bankruptcy attorney is to make… Continue reading Protecting Assets with Exemptions

Making Purchases on Credit During Bankruptcy

Alabama Attorney Protecting Debtors’ Rights Obtaining a discharge is the primary purpose of filing for bankruptcy for most debtors. Sometimes unforeseen circumstances may arise after you have already filed the initial paperwork, creating the need to make a purchase on credit. It is important to be aware that you will need permission to incur substantial… Continue reading Making Purchases on Credit During Bankruptcy

Key Deadlines in Bankruptcy Cases

Alabama Attorney Protecting Debtor Rights Navigating the bankruptcy process can be extremely challenging for a layperson. It requires you to make full disclosures of assets and debts, and comply with numerous deadlines in order to complete the process and obtain a discharge. Failing to meet mandatory deadlines may result in the dismissal of your case… Continue reading Key Deadlines in Bankruptcy Cases

Taxes

Discharge of Federal Income Taxes in Alabama Tax problems must be dealt with as soon as possible. When tax problems become overwhelming and other debts complicate repayment, some individuals file for bankruptcy. Chapter 7 and Chapter 13 bankruptcy can help you reduce or discharge your tax debt. An experienced Montgomery bankruptcy lawyer can help you… Continue reading Taxes

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