Are Private Student Loans About to be Eligible for a Discharge in Bankruptcy?
Submitted by the Bond & Botes Law Offices - Friday, March 20, 2015
The answer is maybe. If you are struggling with large student loan balances, you’re not alone. The Consumer Finance Protection Bureau estimates that approximately 40 million Americans owe student loans with the average debt owed totaling $29,000.00. And many student loan borrowers owe balances much more than the average.
Property Transfers Before Bankruptcy
Submitted by the Bond & Botes Law Offices - Thursday, March 19, 2015
It is a common belief that filing Bankruptcy will result in a person losing their home, vehicles, or other property.
Judge Clifton R. Jessup Jr. Takes the Bench in Decatur, AL
Submitted by the Bond & Botes Law Offices - Wednesday, March 18, 2015
Cosigning a Debt
Submitted by the Bond & Botes Law Offices - Tuesday, March 17, 2015
A prospective client came into our Birmingham, AL office to get more information about Bankruptcy. As we were reviewing her list of creditors, she noted that one of the creditors had a cosigner.
Special Relief for National Guard, Reservists Who File for Bankruptcy
Submitted by the Bond & Botes Law Offices - Friday, March 13, 2015
Tracking Your Tax Return, Tax Refund or Amended Return
Submitted by the Bond & Botes Law Offices - Thursday, March 12, 2015
The Downside of Rent-To-Own Contracts
Submitted by the Bond & Botes Law Offices - Wednesday, March 11, 2015
Every day, I meet with people to discuss their finances. One common subject is classifying the type of debts that they have. Rent-to-own contracts have become all too common in today’s financial market. Many people are unable to acquire standard financing so they turn to alternate methods to acquire property.
Defenses to a Preferential Transfer Suit
Submitted by the Bond & Botes Law Offices - Tuesday, March 10, 2015
In my last blog, I described what constitutes a preferential transfer under the Bankruptcy Code. Now I’ll go into a few of the defenses a creditor might have to a preference lawsuit by the bankruptcy Trustee. These defenses, as well as several others, are set forth in
Helping Homeless Veterans
Submitted by the Bond & Botes Law Offices - Monday, March 9, 2015
Promised Land: VA Deal to House Homeless Los Angeles Veterans
In a saga that spans several years, new VA Secretary Robert McDonald recently reached an agreement that will help house many homeless veterans in the Los Angeles, California area. This saga goes back to the late 1800s and involves very expensive California property. The story can be found here.
50th Anniversary of the Selma-to-Montgomery Voting Rights March
Submitted by the Bond & Botes Law Offices - Thursday, March 5, 2015