as-vts5midw's blog

In light of recent events, namely the U.S Supreme Court’s refusal to stay a U.S District Court’s decision that Alabama’s same-sex marriage ban was unconstitutional, it is important for Alabamians to know that the Social Security Administration has begun accepting benefit applications for same-sex couples in states where it is legal.

Nobody likes getting a phone call from a debt collector. If you’re being called about a legitimate debt that you know that you owe, your sense of your moral obligation to pay the debt is usually weighing heavily on your mind. After all, if you had the funds, you’d pay the debt and wouldn’t be getting calls in the first place.

I read with interest an article on myfoxal.com which discussed the potential layoff of hundreds of workers at the Fairfield Tubular Operations and Fairfield Works in the Birmingham, AL area. Nearly 1600 workers received notices but the actual number will depend on market demand according to the article.

Although bankruptcy can be a powerful tool for eliminating debt, not all debts can be wiped away.  In addition, many clients are unsure of the effects of eliminating debts and often engage in wishful thinking regarding the outcome of the case.

Tax season is beginning, and with that comes tax questions about a variety of topics. Today, I am going to give a short overview on the estate tax.

Earlier this week my partner, Robert Reese, posted an article about debt buyer lawsuits.

With the New Year in full force, so many of us started out with high and lofty goals only to realize by about January 23rd (or often in my own case January 3rd) that perhaps some more practical "intentions" might be more attainable.

Just finished reading an article that was originally published in the New York Times on 1-9-15 entitled, “Debt Buyer Faces Fine in Doubtful Lawsuits”. As a bankruptcy and consumer law attorney, I read the article with great interest and it confirmed what I have previously thought and observed.

The Supreme Court made an important ruling in 2014 concerning inherited IRAs.   In Clark v. Rameker , the Court unanimously held that unlike a self-funded IRA, an inherited IRA is not protected in bankruptcy.