Payday Loan Amendment Bill Introduced to Alabama Legislature to Cap Interest at 36%
Submitted by the Bond & Botes Law Offices - Thursday, March 16, 2017
According to a recent article by the Montgomery Advertiser, 45 Alabama legislators are pushing a bill that would give the power to the people of Alabama to vote on whether payday loan interest rates in Alabama should be capped at 36%
How Fast is a Bankruptcy Case?
Submitted by the Bond & Botes Law Offices - Wednesday, March 15, 2017
This topic is another of the questions I answer on an almost daily basis. Everyone wants to know how quickly a bankruptcy case takes effect and how quickly it will be done. As far as court procedures go, bankruptcy is relatively speedy.
Spotlight: Volunteer Lawyers Program of Madison County
Submitted by the Bond & Botes Law Offices - Tuesday, March 14, 2017
There are many people in our communities who cannot afford legal representation. Here in Madison County, we are so fortunate to have the Madison County Volunteer Lawyers Program to meet the needs of that population.
The MCVLP has a two-pronged mission:
CFPB Takes a Three-Step Approach to Drain the Credit Reporting Swamp
Submitted by the Bond & Botes Law Offices - Friday, March 10, 2017
Last week, the Consumer Financial Protection Bureau (CFPB) issued a report outlining the regulatory agency’s effort to address issues within the credit reporting market. Some of those efforts include correcting data accuracy at credit reporting companies, repairing the broken dispute procedures, and cleaning up certain information being reported by furnishers.
Recent Study Shows Slight Decrease in Alabama Medical Debt
Submitted by the Bond & Botes Law Offices - Thursday, March 9, 2017
Many clients who come to discuss their financial hardships are a result of unforeseen medical debts. Many times, a simple slip and fall accident results in unexpected medical expenses or time off from work without pay. A recent study by Urban Instit
Are Family Farmers Being Turned into Tenant Farmers?
Submitted by the Bond & Botes Law Offices - Wednesday, March 8, 2017
I have often blogged in the past about a specialized chapter under the Bankruptcy Code for farmers and fishermen, Chapter 12 for Family Farmers and Fishermen. Farmers are near and dear to my heart because they have been the backbone of this country since its inception. However, that status is now becoming endangered by the same folks who brought us the Great Re
Gun Control and Social Security Disability "Mental Defectives" Revisited
Submitted by the Bond & Botes Law Offices - Tuesday, March 7, 2017
As I predicted in my in my January 25, 2017 blog entry, President Donald Trump signed off on the repeal of former President Barack Obama's gun control initiative last February 28, 2017. The House of Representatives was first to act, voting 235-180 earlier in the month on the measure, with the Senate following suit a short time later 57-43. Both votes were largely along party lines.
Todd Chrisley’s Bankruptcy Trustee Withdraws Motion for Contempt
Submitted by the Bond & Botes Law Offices - Monday, March 6, 2017
Todd Chrisley, the star of Chrisley Knows Best filed a chapter 7 bankruptcy in August 2012.
Small Nebraska County In Big Financial Trouble
Submitted by the Bond & Botes Law Offices - Friday, March 3, 2017
The Miami Herald recently reported on an interesting story from the State of Nebraska. The story illustrates that even government entities such as counties and cities can find themselves in deep financial trouble.
Great News If You're Trying to Find Money!
Submitted by the Bond & Botes Law Offices - Friday, March 3, 2017
At Bond and Botes we are definitely all about sharing good news, especially if it involves overcoming financial hardships or getting a fresh start. But how about this great news……there are many Alabamians that may be owed money by the Internal Revenue Service and they don't know it.