Information and FAQs


What Happens if I Fall Behind on My Mortgage Payment If I’m in Chapter 13 Bankruptcy in Alabama?

Posted on 14. Dec, 2012

When you file Ch. 13 there is a provision in the law called the Automatic Stay. The Automatic Stay is like a blanket that covers you when you file, preventing your creditors from taking “any action to collect a debt” from the date that you filed forward without permission from the Court. That Automatic Stay provision is what stopped the foreclosure when you filed.

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Why Are My Ex Husband’s Debts are Ruining My Credit in Alabama?

Posted on 14. Dec, 2012

The general rule is that if you are a co-debtor or co-signor (joint obligor) on a loan you are as responsible for the debt as the person whose name appears on the first line of the paperwork (primary obligor). Although the lender will generally expect the primary obligor to make the payments, they can come after the joint obligor any time the payment is late or the loan goes into default. Default simply means that payments are past any grace period. Most loans can be considered “in default” if the payment is a day late.

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Are Non-Compete Agreements Enforceable in Alabama?

Posted on 14. Dec, 2012

Even though Alabama law says that “contracts restraining business” such as non-compete agreements are void, there are so many exceptions to that law that non-competes are usually valid as long as they are reasonable, even if you’re laid off or fired. The law says an “employee may agree with his employer to refrain from carrying on or engaging in a similar business and from soliciting old customers…” which is the exception that most sales employees fall under.

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How Long After a Foreclosure do I Have to Move Out of my Home in Alabama?

Posted on 21. Jan, 2012

In Alabama you have ten days after the foreclosure to move out in order to preserve your legal rights. If you move out within that ten day period Alabama law gives you the right to buy back the house for the amount that you owed at the time of the foreclosure. This is called a right of redemption.

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Can I Keep My Home in Alabama Without Paying for it if I File Bankruptcy?

Posted on 05. Apr, 2010

If you file Bankruptcy (either Chapter 13 or Chapter 7) you have to continue to pay for the things that you want to keep. For example, if you owe $12,000 on your car and you file Chapter 13 you will have to pay at least $220.00 per month over a five year period of time to pay off the car.

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