Dezenberg & Smith

The person filing has more freedom than people think.

Chapter 13 Bankruptcy & Payment Plans Create one manageable bill.

Here's how hospitals can respond to medical debt, and what Alabama residents can do.

"Will The Hospital Have Mercy On Me?" It can get stressful fast.

There are different types of bankruptcy.

Chap 13 Is Restructuring How it works.

Insolvency is not the end. Parents have options to make that dream come true.

Covering College Expenses: 3 Alternatives Is it even possible to get help?

Key tips for keeping crypto holdings safe.

Will My Cryptocurrency Survive Bankruptcy? What happens to digital assets?

Debt settlement services often leave people with even more debt than when they started.

The Problem With Credit Card Debt "Solutions" There are better options for relief.

What can I do to take care of my debt immediately?

Is A Balance Transfer A Bad Idea? What about bankruptcy?

Chapter 7 vs. Chapter 13: Which should you choose?

Chapter 7 vs. Chapter 13: Which should you choose? | Dezenberg & Smith, Attorneys At Law There are various forms of bankruptcy available. If you are filing over your personal finances, you have two options: Chapter 7 or Chapter 13. Understanding the differences can help you make the correct choice. Questions to ask The first question to ask is how much you earn? Chapter 7 is only availa...

The emotional roller coaster of bankruptcy

The emotional roller coaster of bankruptcy | Dezenberg & Smith, Attorneys At Law The dread of getting the mail, answering the phone or checking your inbox is often overwhelming when you have creditors coming after you. For many people who are in this situation, filing for bankruptcy is one of the options that could help them to find relief from that dread. When you file for bank...

Chapter 13 bankruptcy and the holidays: What you need to know https://bit.ly/3BPy0Z4

Chapter 13 bankruptcy and the holidays: What you need to know | Dezenberg & Smith, Attorneys At Law If you’ve made the decision to file for bankruptcy, you probably realize that the sooner you begin the process, the sooner you can be on the road to financial health. However, with the holidays not too far away, you may be concerned that filing now will mean no Christmas gifts for loved ones and f...

Here are the requirements in Alabama.

Can I File For Bankruptcy Again? Is there a limit?

3 mistakes you need to avoid when filing bankruptcy https://bit.ly/3Rx8tsH

3 mistakes you need to avoid when filing bankruptcy | Dezenberg & Smith, Attorneys At Law Bankruptcy can offer a welcome relief when you are drowning in debt. As such, the decision to declare bankruptcy is one that you should never take lightly. It is imperative that you get every aspect of bankruptcy declaration right from the onset. If you decide to file for bankruptcy, it is important...

How often can you seek bankruptcy? https://bit.ly/3KfSSet

How often can you seek bankruptcy? | Dezenberg & Smith, Attorneys At Law Did you know that there is no limit to the number of times you can file for bankruptcy? While there is no limit, you do need to know that there are time restrictions, as well as other requirements, that may prevent you from filing certain forms. To understand when you can file, remember the followin...

Bankruptcy and employment lawsuits: What you should know https://bit.ly/3PEcE4y

Bankruptcy and employment lawsuits: What you should know | Dezenberg & Smith, Attorneys At Law You lost your job, and you believe that you were a victim of worker’s compensation retaliation. However, you have more pressing financial concerns that have prompted you to file for bankruptcy. What happens now? How does an employment lawsuit affect your ability to file for bankruptcy? Honesty is ...

When debt collectors act unprofessionally https://bit.ly/3bIsbT2

When debt collectors act unprofessionally | Dezenberg & Smith, Attorneys At Law In recent years, you’ve had unexpected medical bills and the company you work for is struggling, so your hours have been cut. Simply put, you haven’t had enough money coming in to cover your expenses. The bills are starting to pile up and debt collection agencies have even been in touch. While d...

3 common myths about bankruptcy https://bit.ly/3zoR2nY

3 common myths about bankruptcy | Dezenberg & Smith, Attorneys At Law Filing for bankruptcy is a viable way to eliminate extensive debt and restore your secure financial footing. Unfortunately, some people try to avoid this filing at all costs due to all the misconceptions around it. Knowing the truth about these common myths and misconceptions will help you see why t...

Can a car repossession be prevented? https://bit.ly/3PC4V7J

Can a car repossession be prevented? | Dezenberg & Smith, Attorneys At Law Cars are not simply a luxury item for most people. They are often the main mode of transportation in terms of getting to work every day. Unfortunately, a car is also a substantial purchase. For this reason, many people opt to purchase a car on finance rather than outright. The difference between the...

How credit card debt can accumulate so fast https://bit.ly/39QI3C1

How credit card debt can accumulate so fast | Dezenberg & Smith, Attorneys At Law It’s no secret that many Americans are struggling to get by from paycheck to paycheck. It can be disheartening to see all of your wages dispersed before you’ve barely had a chance to look at them. Credit cards can help in numerous ways, but they can also be dangerous. Credit cards have the poten...

How long will you make payments in a Chapter 13 bankruptcy? https://bit.ly/3ybjWaJ

How long will you make payments in a Chapter 13 bankruptcy? | Dezenberg & Smith, Attorneys At Law When individuals in Alabama fall behind on bills, they can expect their creditors to engage in aggressive enforcement efforts. From lenders trying to reclaim collateral property like vehicles through repossession to civil lawsuits and wage garnishment, there can be many negative consequences of fall...

Is it bad to file for bankruptcy? https://bit.ly/3Nzwbmw

Is it bad to file for bankruptcy? | Dezenberg & Smith, Attorneys At Law Many people grew up believing there is something inherently wrong with anyone who files for bankruptcy. What if you are reaching that point yourself? Does that make you irresponsible? Should you feel guilty? No. People from all walks of life file for bankruptcy, and in most cases, it is through no f...

How long will a Chapter 7 bankruptcy stay on your credit report? https://bit.ly/3wM1MtS

How long will a Chapter 7 bankruptcy stay on your credit report? | Dezenberg & Smith, Attorneys At Law Chapter 7 bankruptcy is a good solution for those who can pass the means test. If someone has an average or below-average income and moderate levels of personal assets, Chapter 7 is a viable option. It offers a quick path to the discharge of the balances owed on their unsecured debts. Whether you ow...

Mistakes to avoid when filing for bankruptcy https://bit.ly/3N6JbzA

Mistakes to avoid when filing for bankruptcy | Dezenberg & Smith, Attorneys At Law Filing for bankruptcy can give you a fresh financial start by wiping out most of the debt currently bogging you down. However, you need to get everything right to make the most of the bankruptcy process. Some mistakes could derail your bankruptcy plans, throwing you deeper into financial problems. I...

Are personal belongings at risk of being confiscated through a bankruptcy filing?

How Liquidation Works Can I protect my favorite items?

Are Alabama or federal bankruptcy exemptions better? https://bit.ly/3rNAody

Are Alabama or federal bankruptcy exemptions better? | Dezenberg & Smith, Attorneys At Law If you pass the means test and qualify for Chapter 7 bankruptcy, deciding to file will not be the last major choice in the process. You will also have to make an important decision about what bankruptcy exemptions you will use. The proper use of bankruptcy exemptions will set you up for financial su...

Will you lose your wardrobe because of a Chapter 7 bankruptcy? https://bit.ly/3EinpFG

Will you lose your wardrobe because of a Chapter 7 bankruptcy? | Dezenberg & Smith, Attorneys At Law A Chapter 7 bankruptcy is a type of bankruptcy that requires liquidation. Any assets that are not exempted or necessary in your life may be liquidated (sold) to pay back the debts you owe. You could lose all kinds of assets in a Chapter 7 bankruptcy, but most people won’t lose much at all thanks

Can debt collectors contact me late at night? https://bit.ly/3O9BPMU

Can debt collectors contact me late at night? | Dezenberg & Smith, Attorneys At Law You’ve been struggling financially for some time now and the debts are starting to pile up. Maybe you lost your job, had your hours cut or have had to take some time off due to illness. In any case, debt collectors aren’t being very sympathetic. They’ve been calling you for weeks now, multiple...

Just how big of a problem is medical debt? https://bit.ly/3JYTMvi

Just how big of a problem is medical debt? | Dezenberg & Smith, Attorneys At Law Most people understand that the healthcare system in the United States is incredibly expensive. For a lot of people, the cost is so high that it's prohibitive. They can't get the care that t

Can you pass the means test for a Chapter 7 bankruptcy? https://bit.ly/36osAa4

Can you pass the means test for a Chapter 7 bankruptcy? | Dezenberg & Smith, Attorneys At Law There are several different kinds of personal bankruptcy. Of all of those options, Chapter 7 bankruptcy is the most restrictive. Only individuals who meet very strict financial requirements can file

It's a common misconception that a person will lose all of their belongings to bankruptcy.

Will I Lose My Home After Filing For Bankruptcy? Here's how it really works.

How does Chapter 7 bankruptcy affect your income taxes? https://bit.ly/3vqx5eT

How does Chapter 7 bankruptcy affect your income taxes? | Dezenberg & Smith, Attorneys At Law Income taxes stop for no one. Even after you die, someone will need to file a final income tax return for you. If you recently filed for Chapter 7 bankruptcy, you may wonder how it will affect your