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.

Declaring Exemptions

When a person wants to take advantage of a state bankruptcy exemption, they need to follow the proper legal process. This can require a person to file paperwork in order to legally declare a particular piece of property as counting towards an exemption. These exemptions are often defined on a state-by-state basis, giving various properties or forms of income protection from bankruptcy proceedings.

For assistance in identifying available bankruptcy exemptions in your situation, contact the Birmingham bankruptcy lawyers of Greenway Bankruptcy Law, LLC, at (205) 324-4000 today.

Standards for Declaring an Exemption

According to Alabama state law, a person wanting to declare bankruptcy who wishes to claim an exemption needs first to list this property as part of a particular class of exemptions. The following steps must be taken before a property can be accepted for an exemption:

  • Fill out the proper paperwork
  • File those papers with a probate judge if the property is a house
  • File those papers with the county if personal property
  • Declare any exemptions prior to attempted sale of that property

If a person does not adhere to the procedural requirements associated with declaring an exemption, they may find that their request will not be granted and that these otherwise protected properties might be subject to the jurisdiction of the bankruptcy trustee or judge.

Contact Us

If you are struggling to manage an overwhelming debt load, bankruptcy may be a solution for you. To learn more about your options as a debtor and how we may be able to help 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."
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"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."
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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.
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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