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.

Troy officials warn people of payday loan companies’ bad practices

A meeting was held recently in Troy City to inform residents about predatory loaning businesses, WSFA12 reported on June 12.

According to Troy City Councilwoman DeJerilyn King Henderson, many consumers did not know that they are likely paying more in interest to payday loan businesses compared to financial institutions. The public meeting held on June 11 also informed people about their rights when dealing with payday loan companies. Henderson further said that payday loan companies often target people who earn less and cannot afford to apply for regular loans. The city of Troy is one of the cities in Alabama that do not regulate payday loan companies.

The lawyers of the Greenway Bankruptcy Law, LLC, understand that in Birmingham alone, many people are burdened by overwhelming debts. If you think you are in such a situation, we may possibly offer you legal solutions to make your debt manageable again. Learn more about your legal options from us today by calling (205) 324-4000.     

Debt management tips for seniors

ABC 7 offered some tips for senior citizens who may be struggling with debts as they reach retirement age. In this situation, you may want to consider the following ways to decrease stress over your finances:

  • Identify all expenses and create a workable budget.
  • Look for other ways to receive additional funds; however, make sure that other public benefits you get, like Social Security, are not affected.
  • For those who have several debts, you may want to consider paying at least the monthly minimum of the debt with the highest interest rate. Another option is to consolidate debts in order to achieve a more manageable monthly payment.
  • For those who are at a loss, pursuing help from an experienced attorney may help you weigh your options.

The Birmingham legal team of Greenway Bankruptcy Law, LLC, works for senior citizens and others who are overwhelmed by accumulating debts. Our skilled lawyers are committed to helping people regain stable financial footing. Find out how we may work for you today by calling (205) 324-4000.

Each member of boy band Blue has sought bankruptcy protection

Singer Lee Ryan of the once-famous R&B group “Blue” has sought bankruptcy protection, the 4th and last member of the group to make that decision, a May 18 article of The Guardian stated.

The 31-year-old music artist was pressured to file for bankruptcy by a debt collection firm. Ryan’s former band mates Simon Webbe, Duncan James, and Antony Acosta have all sought bankruptcy protection within the eleven years since their disbandment. A statement coming from a representative said that Ryan decided to file for bankruptcy in order to move forward and make the best decision for his family’s future.

In this tough situation that you are struggling with overwhelming debt, filing for bankruptcy is worth considering. The Birmingham bankruptcy attorneys of Greenway Bankruptcy Law, LLC, can answer your questions about bankruptcy and help you decide on the best option for your specific situation. Call our office today at (205) 324-4000 to find out how we may help you.

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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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