Bankruptcy doesn't have to be something bad.
It can actually be the start of something good.
Your situation is unique, and it's personal.
Your attorney should be as well.

Benevolent Societies and Bankruptcy

Many Americans use benevolent societies as a way to stay connected with friends and financially help each other in desperate times. These groups have been instrumental for many Americans’ financial stability, as the collective assistance of the group’s members has been able to bolster an injured or financially ruined member. The usefulness of these groups has led Alabama to accept a bankruptcy exemption for the benefits given by these groups.

If you are considering a bankruptcy filing and are currently receiving assistance from a benevolent society, we can help you to ensure that your benefits are adequately protected. Contact the Birmingham bankruptcy exemption lawyers of Greenway Bankruptcy Law, LLC, at (205) 324-4000 today.

Society Benefits and Bankruptcy Proceedings

A member of a benevolent society may be given a significant amount of money to deal with overwhelming medical bills or work their way out of debt after a business fails. These societies can offer substantial financial protection if their members are in dire need of the money. During bankruptcy, it is often crucial that a debtor protects their sources of income if they are expected to financially rebuild.

The following types of organizations may be considered benevolent societies:

  • Religions benefit groups
  • Fraternities and sororities
  • Mutual aid institutions
  • Healthcare groups

These groups often provide very important benefits for members, who have provided the group with a membership fee. In this way, these groups serve as a type of insurance, which is protected by Alabama bankruptcy exemptions.

Contact Us

If you are facing bankruptcy due to overwhelming debt problems, there may be exemptions available to guard your remaining sources of support. For a free consultation regarding your options during bankruptcy, contact the Birmingham bankruptcy exemption attorneys of Greenway Bankruptcy Law, LLC, by calling (205) 324-4000 today.

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Greenway Bankruptcy Law, LLC
505 20th St N #1220
Birmingham, AL, 35203
Phone: (205) 324-4000
Tuscaloosa: (205) 737-3350
Gadsden: (256) 467-6650

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Greenway Bankruptcy Law, LLC All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

Greenway Bankruptcy Law, LLC 505 20th St N #1220, Birmingham, AL, 35203 | Phone Number: (205) 324-4000 |  Directions | Paula Greenway+