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.

Atlanta rapper’s mansion lost to foreclosure

Well-known hip hop artist and music producer Jermaine Dupri failed to pay his mortgage, resulting in foreclosure proceedings, a December 11 article by WSB-TV 2 stated.

Reports said the Atlanta native musician defaulted $2.5 million on his 9,441 sq/ft mansion in Fulton County. Though Dupri, 42, tried his best to prevent his mansion from being foreclosed, he reportedly failed to pay his monthly dues. Proceeds from the sale of Dupri’s mansion will cover his debts, including legal fees associated with the procedure. According to property documents, the mansion where Dupri lived for nearly a decade has an estimated property value of $3.7 million and holds 19 rooms.

The lawyers of Greenway Bankruptcy Law, LLC, understand that in Birmingham alone, many homeowners are threatened with losing their homes to foreclosure. If you are in such a difficult situation, our diligent lawyers may offer you legal advice to defend your home. Discuss your situation with us today at (205) 324-4000 to find out how we may help you.

More teenagers anxious about paying student loan debt

Paying for student loan debt and financing for higher education are a primary concerns for teenagers, an article of ACA International said on December 5.

In the survey conducted at Northeastern University in Boston, more than half of the teen respondents age 16 to 19 are worried about financing their chosen degree in college. Other respondents said that they are not willing to take on any debt. Though many participants said that though they are concerned of having these financial obligations, the majority believe that taking on this burden is necessary to attend college and go on to secure a career of their choice.

Having student loan debt may be overwhelming for many in our current economy. However, if you are overwhelmed by your student loan debt in Birmingham, the attorneys of Greenway Bankruptcy Law, LLC may possibly help you. Consult with us today at (205) 324-4000 to learn more about your options.

Increase in nationwide foreclosure activity in October

National Mortgage Professional reported on November 13 that U.S. foreclosure activity grew by 15 percent in October.

Recent data supplied by RealtyTrac showed that a total of 123,109 homes in the U.S. were in different stages of foreclosure in October, making it the highest monthly recorded since early 2010. Repossessed homes increased by 22 percent compared to September. The number of foreclosed homes heading to auction increased in October by 24 percent in 29 states, including Alabama. Though October’s recorded foreclosure filings increased, RealtyTrac stated that it is still lower by 8 percent compared to last year.

The attorneys at Greenway Bankruptcy Law, LLC, in Birmingham understand that financial struggles can make you feel helpless and overwhelmed. When these difficulties result in the threat of your home, this feeling is only exacerbated. Fortunately, however, there may be methods to defend your home. Call our offices at (205) 324-4000 today to learn about your possible legal options for foreclosure defense.

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Greenway Bankruptcy Law, LLC
505 20th St N #1220
Birmingham, AL, 35203
Phone: (205) 324-4000
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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.

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