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.

Tips for students to lower loan debt in college

Most individuals entering college have already accepted that they will be saddled by student loan debt. Because student loan debts are so ruthless, students should act immediately to save some money through their own actions.

Freshmen may want to shorten their stay in college by determining which major they will pursue early. Clear career paths can translate to avoiding unnecessary classes. A student can also save money by reducing daily expenses. Consider buying used books and selling them at the end of the semester. Although treating yourself once in a while is gratifying, momentarily sacrificing some lifestyle choices, such as daily coffee or weekly pizza, could be beneficial in the future. When taking out loans, be sure to prioritize the financial assistance offered by the federal government, since it has lower interest rates than that offered by private institutions.

The attorney at Greenway Bankruptcy Law, LLC understands that many individuals are plagued with student loan debt. If you are saddled by debt, we may be able to offer you workable solutions that could help you recover from your financial woes. Learn more about your options with us today by calling (205) 324-4000.

Ex-Timberwolves player forced to seek bankruptcy

Former player for the Minnesota Timberwolves, Christian Laettner, is likely to find himself in bankruptcy court after his creditors took legal actions to recover the funds owed to them by Laettner, The Sydney Morning Herald reported.

According to reports, the 46-year-old Laettner has to settle $14.05 million worth of debt to his creditors. At least five of his creditors, including National Servicing & Administration, have initiated involuntary bankruptcy proceedings to force him to file for bankruptcy. Legal counsel for Laettner confirmed that they are currently negotiating with creditors to pay them back. Laettner was struck with overwhelming financial problems from his real estate business after retiring from the NBA.

If you are struggling with a great financial burden, working with a skilled attorney can help you determine how to recover and regain control of your finances. The Birmingham attorney from Greenway Bankruptcy Law, LLC may be able to represent you if you need to file for bankruptcy. Call (205) 324-4000 to learn more about your legal options.

Foreclosure rate in Russell County among highest in state

Real estate experts recently observed that the Russell County foreclosure rate is one of the highest in the state of Alabama, making its way to the 9th spot, an article of wtvm.com reported on June 30.

According to reports, of every 1,200 homes in Russell County, at least one is being foreclosed upon. Members of the community do not find this development to be a surprise, since The Department of Defense cut 3,000 jobs at the nearby military base, Fort Benning. Military personnel either own or lease many of the houses in Fort Mitchell since it makes an easy commute to Fort Benning, which is one of the biggest employers in the area. Although the foreclosure rate in the area has increased, increased foreclosures translate to lower prices for buyers.

Many families are left in trouble when their homes are foreclosed on. If you were the victim of a foreclosure, enlisting a qualified attorney can help you protect your home. Speak with an attorney at Greenway Bankruptcy Law, LLC in Birmingham today by calling (205) 324-4000 to learn more about your options.

"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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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+