Chapter 13 Frequently Asked Questions

Chapter 13 Frequently Asked Questions

If you are dealing with a lot of debt, bankruptcy is a valid option. It is considered the solution for those that have been unable to successfully get themselves out of debt despite their best effort. Although bankruptcy leaves a mark on your credit report for several...
Filing for Chapter 7 and Chapter 13 Bankruptcy in Alabama

Filing for Chapter 7 and Chapter 13 Bankruptcy in Alabama

Every year, thousands of Alabama residents file for bankruptcy. The two most used types of bankruptcies are Chapter 7 and Chapter 13. In Chapter 7 bankruptcy, the bankruptcy court will discharge the debtor’s debts. In exchange, the debtor gives up his or her property...
Filing for Divorce in Alabama

Filing for Divorce in Alabama

Filing for divorce in Alabama can seem like an overwhelming process. For many, the divorce process can become emotionally and financially draining. At Bouloukos, Oglesby, & Mitchell, we recommend that couples who are having marital issues seek counseling and try...
How do I Know it is Time to File for Bankruptcy?

How do I Know it is Time to File for Bankruptcy?

Filing for bankruptcy is an option people have when they are dealing with a lot of debt and are unable to pay the debt back. Some people worry about filing for bankruptcy because they have heard of how it will stay on their credit report for several years. While it is...