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.

When Is the Best Time to File for Bankruptcy?

A person considering bankruptcy may want to think carefully about when they want to file. Depending on the time of filing, a person can save a considerable amount of money and benefit from new options. This is why timing is an essential part of any debtor’s bankruptcy strategy.

If your debt has become a seemingly impossible problem to deal with, it may be time to look for a new solution. Bankruptcy may be able to provide you and your family with financial freedom. For more information concerning your filing options, contact the Birmingham bankruptcy lawyers of Greenway Bankruptcy Law, LLC, today at (205) 324-4000.

Timing Bankruptcy Filing for the Best Results

In some cases, a well-timed bankruptcy can end up saving a debtor a considerable amount of money and may even allow them to keep property that otherwise might have been lost. Consider the following instances when either waiting to file or speeding up the process can benefit a debtor:

  • Balancing wage averages after income loss for Chapter 7 means test purposes
  • Incurring necessary debts prior to filing for bankruptcy, making them dischargeable
  • Preparing for a mortgage modification
  • Filing for bankruptcy prior to a divorce, which can complicate bankruptcy proceedings
  • Protecting home property by filing before foreclosure

Depending on timing, a debtor may be able to qualify for Chapter 7 bankruptcy when they otherwise wouldn’t. This can open up powerful new options to them when filing.

Contact Us

If you’ve become overwhelmed by your debts, you may want to consider the solutions presented by bankruptcy. To discuss what bankruptcy options may be available to you, contact the Birmingham bankruptcy attorneys of Greenway Bankruptcy Law, LLC, by calling (205) 324-4000 today.

"When I had my power cut off because I just didn't have the money to pay the power bill, a friend suggested I call Paula Greenway. From the moment I walked in her office I felt like a burden was lifted from my shoulders."
Robin M
"I would just like to say that I was impressed by the staff of Greenway Bankruptcy Law, LLC and their attention to professionalism. They made the bankruptcy process not only pleasant but simple."
Jennifer S.
I can't tell how comforting it is to know your attorney is working on your case. I would and have recommended their service to friend and associates."Ed H.
"I would like to thank Greenway Bankruptcy Law, LLC for the way in which they handled my bankruptcy case."
Robert M.
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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+