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.

How Bad Credit Affects You

The aim of a credit score is to provide potential lenders, landlords, employers, and others with an assessment of the perceived risk that you pose based upon your past actions in financial agreements. Though it is not the only information that will be gathered, it may be the most important piece of the puzzle that these entities are putting together to create an accurate picture of your reliability. A good credit score can help to reduce the impact of some other concerns, but there is little that can be done to erase the impression of a poor credit history.

If you have found yourself in a difficult financial position and are being subjected to an onslaught of collection calls and letters, it may be time to consider filing for bankruptcy protection. To learn whether bankruptcy may be the right solution for your current struggles, contact the Birmingham bankruptcy lawyers of Greenway Law, L.L.C., at (205) 324-4000.

Negative Effects of Poor Credit History

A successful bankruptcy filing in which a debtor upholds all the terms to which he or she agrees can be an effective means of serving to rebuild credit after an episode of financial difficulty. There are other options, but generally speaking, bankruptcy is likely to achieve the most sweeping effects. The failure to take action can cause you to continue experiencing the following negative effects of poor credit:

  • Higher interest rates for loans and other financial instruments
  • Unfavorable contract terms and harsh penalties for lapsed payments
  • Lack of access to loans and financing for a variety of purposes
  • Denial of access to desirable housing and employment opportunities

Contact Us

Let us help you to begin taking the steps necessary to repair your credit. Contact the Birmingham bankruptcy lawyers of Greenway Law, L.L.C., at (205) 324-4000 for more information.

"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+