Blogs

What is the Presumption of Abuse in Bankruptcy?

Mary PoolMy clients often look at me confused when I mention the presumption of abuse to them when we are reviewing their Means Test.  The presumption of abuse guidelines was established in 2005 when Congress enacted the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA).  One of the primary reasons for this Act was to make it more difficult for consumers who made too much money to be able to file a

Medical Debts and Bankruptcy

 

Recently, NerdWallet Health published an article that estimates that 56 million Americans under the age of 65 will struggle with medical debts in the year 2013. Astonishingly, NerdWallet stated that one in five American adults will struggle to pay medical debts this year. The article further stated that medical bills are the leading cause of personal bankruptcy.

Interest Rates Can Be Reduced in Bankruptcy

If you have a high rate of interest on loans, a Chapter 13 Bankruptcy can reduce the interest rate resulting in a much lower monthly payment.  This is called a “cramdown.”  The interest rate unsecured creditors such as credit cards, finance company loans,

Can Filing for Bankruptcy Affect the Auto Shut Off Device On My Car?

An auto shut off device is a device installed on a vehicle by a car dealer that is usually a buy here, pay here type auto dealer.  If you do not make your payments to the dealership timely, the device will be activated and it disables the vehicle until a payment is made and the buyer obtains a new code.  If a payment is not made, this shut off device allows t

Fair Credit Billing Act (FCBA)

Ronald SykstusThe Fair Credit Billing Act (FCBA) is a subsection of the federal Truth in Lending Act (TILA). It is an important federal law for all consumers since it contains the billing error procedures at sections 1666 and 1666(a). These billing error procedures most commonly assist consumers when they are disputing credit card transactions on their credit card statements for which they do not believe that they should be held liable.

Can I Be Denied a Bankruptcy Discharge of my Debts?

Amy TannerYes, you can be denied a bankruptcy discharge but this is a rare occurrence. The most common occurrence is when a Debtor has committed a fairly serious fraud against his creditors. A more common occurrence, but still rare, is being denied a discharge of a single debt for various legal reasons.

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Bond & Botes Law Offices

At Bond & Botes, we now offer full service bankruptcy consultation and filing over the phone or by video from the comfort and safety of your home or office. Please call 1-877-581-3396 or click here to setup your free phone or video consultation.

The lawyers at the Bond & Botes affiliated offices serve clients at offices in Anniston, Birmingham, Mobile, Montgomery, Opelika, Decatur, Huntsville, Florence, Haleyville and Gadsden, Alabama; Vicksburg, Hattiesburg and Jackson, Mississippi. Read our disclaimer here. You can view our Privacy Policy here.

Alabama Offices

Birmingham

2107 5th Avenue North
Age-Herald Building
Birmingham, Alabama 35203
Phone: (205) 802-2200


Shelby County Location
15 Southlake Lane, Ste 140
Birmingham, AL 35244
Phone: (205) 802-2200


Florence Location
121 S. Court Street
Florence, AL 35630
Phone: (256) 760-1010


Huntsville Location
225 Pratt Avenue NE
Huntsville, AL 35801
Phone: (256) 539-9899


Montgomery Location
311 Catoma Street
Montgomery, AL 36104
Phone: (334) 264-3363


Decatur Location
605 Bank Street NE
Decatur, AL 35601
Phone: (256) 355-2447


Haleyville Location
914 19th St.
Haleyville, AL 35565
Phone: (256) 760-1010


Gadsden Location
430-B Chestnut Street
Gadsden, AL 35901
Phone: (256) 485-0195


Opelika Location
216 South 8th Street
Opelika 36801
Phone: (334) 264-3363


Anniston Location
1302 Noble St #2C
Anniston, AL 36201
Phone: (256) 485-0195


Cullman Location
200 Second Avenue SW
Cullman, AL 35055
Phone: (256) 739-9866


Mississippi Offices

Jackson Location
120 Southpointe Dr., A
Byram, MS 39272
Phone: (601) 353-5000


Hattiesburg Location
607 Corinne St, Ste B8
Hattiesburg, MS 39401
Phone: (601) 353-5000


Vicksburg Location
1212 Farmer Street
Vicksburg, MS 39180
Phone: (601) 353-5000

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