debt

How To Acquire A Great Personal Bankruptcy Attorney In Mobile, Alabama?

Call: 888-297-6203 Your kids idolise you completely because you have always ensured that all their wishes are fulfilled. However, many times over spending or sudden medical expenses can cause you to be under immense debt. Creditors can repossess your vehicle or foreclose on your property if you fail to make payments towards your loans. Getting rid of the debt is important if you wish to have a happy personal and professional life. To get things sorted, you would require the professional assistance of personal bankruptcy lawyers in Mobile, Alabama. Investigate bankruptcy attorneys in Mobile, Alabama before approaching them [...]

2020-08-24T11:46:23+00:00

Creditors Can Bring Involuntary Bankruptcy

Call: 888-297-6203 The English Statute of Bankrupts was enacted in 1542 during the reign of Henry VIII. This act allowed the creditors to drive the debtors to involuntary bankruptcy by taking actions against them, sell their property and get themselves imprisoned to satisfy the debts. A lot of modifications have occurred over the last 450 years. Debtor’s prisons have been removed, but involuntary bankruptcy still exists. If a creditor proves that the debtor owes an unsecured debt of at least $14,425 to less than twelve creditors, he can bring an involuntary bankruptcy against the debtor. If more than [...]

2019-11-27T12:50:42+00:00