Alabama Bankruptcy Lawyers
Learn About Bankruptcy Protection with a Local Attorney
Alabama's personal bankruptcy laws allow two options to clear your debts: Chapter 7 and Chapter 13 bankruptcy. Both may be an effective way to clear debt related to:
- Credit cards
- Home mortgage
- Medical bills
- Personal loan
- Car loans
In addition, bankruptcy laws are designed to stop foreclosure, repossession and wage garnishment.
Today, you can take the first step in protecting your future. Get answers about how filing bankruptcy may help you eliminate your debt.
For a free case evaluation with a bankruptcy lawyer in Alabama, complete the free form on this page and we'll connect you right away.
Chapter 7 in Alabama
Chapter 7 bankruptcy is designed to work very quickly. A successful Chapter 7 filing may eliminate credit card debt, medical debt and personal loans in only a few months.
To prevent people from abusing this powerful tool, the bankruptcy laws include what is called the means test. This law lays out specific requirements you must meet in order to file Chapter 7 in Alabama.
Your bankruptcy lawyer can help you navigate the means test to see if Chapter 7 is an option. He can also take you through the exemptions in your state to ensure your property is fully protected when you file.
When you file Chapter 7 bankruptcy in Alabama, the state's exemptions outline specific property protections that cannot be sold to pay off your creditors. In almost all personal Chapter 7 cases there is no property sale of any kind.
Exemptions in Alabama include:
- Homestead: Real property or a mobile home up to $5,000 in value is exempt. The Alabama homestead exemption cannot exceed 160 acres. Husband and wife may double the exemption in case of joint ownership.
- At least 75 percent of earned but unpaid wages
- $3,000 of any personal property
- All clothes, family pictures and family books
If you do not qualify for Chapter 7 you may still be able to get bankruptcy help. Chapter 13 bankruptcy may provide even stronger protections for your property, and has also helped hundreds of thousands of people clear their debts.
If you want to learn more about your bankruptcy options, what you qualify for and what might give you the most help, speak with a bankruptcy lawyer in Alabama today.
Speak With an Alabama Bankruptcy Lawyer Today
Get a free case evaluation with a bankruptcy lawyer in Alabama near you. Complete the free form on this page and we'll connect you right away. Or, for immediate help, call, toll free, 877-833-2410.
Laws may have changed since our last update. For the latest information on your state's bankruptcy laws, speak to a local bankruptcy lawyer.