A. Cooper Attorney at Law LLC

Mobile Legal Issues Blog

Chapter 13 bankruptcy and its many benefits

Once you have decided that bankruptcy is your best chance of overcoming your debt, you still have another decision to make. You will have to choose which form of bankruptcy best meets your needs. This decision may be difficult unless you are already well-informed about the different options available in Alabama. The two most common forms to choose from include Chapter 7 and Chapter 13 bankruptcy.

First, we want you to understand that you do not have to make these important financial decisions on your own. Many people find it helpful to work with an attorney when filing. This is beneficial because it provides you with current and comprehensive information about each type of bankruptcy. In this blog post, we hope to give you a helping hand with your decision by discussing the benefits of Chapter 13 bankruptcy. We will tackle the benefits of Chapter 7 in a separate post.

  • Chapter 13 gives you flexibility in how you manage your payments while allowing you to keep some of your property.
  • Choosing Chapter 13 puts an immediate stop to the often-aggressive collection attempts from your creditors.
  • You can file a Chapter 13 bankruptcy repeatedly, which means that if a disaster strikes and places you back in debt, you may file again.
  • Under Chapter 13 bankruptcy, you do not have to lose your property as long as you make your payments according to schedule.
  • This form of bankruptcy enables you to avoid losing your family's home.

Useful tips when applying for Social Security Disability

When an unexpected injury or illness strikes, it can have a profound effect on your entire life. Your finances, in particular, will likely suffer as you struggle to pay your medical expenses while providing for yourself and your family. Even with significant savings, you may discover that you do not have enough to make ends meet.

One solution that might be right for you is applying for Social Security Disability (SSD) benefits. You can do this without an attorney, but most Mobile residents find the process easier to navigate with help from an experienced legal representative. If you are anticipating the need to apply for SSD, the following tips can help you prepare until you feel it is time to seek legal counsel.

Product liability issues which may affect you and your home

When you purchase home equipment and supplies, do you ever stop to wonder if the products freely-supplied on the store’s shelves are safe for use around your children? Don’t be too trusting. There are many “safe” products which could cause damage to you or your family.

You hope companies are selling you products which they have proven to be safe. Yet, the United States Consumer Product Safety Commission (CPSC) recalls products daily throughout the United States.

Revolving credit card balances up in the U.S.

A recent study points to it being common these days for American households to carry pretty hefty credit card balances month to month.

According to the study, by NerdWallet, the average amount of revolving credit card balances for U.S. households in late 2018 was $6,929. The study also found the total amount of revolving credit card balances in the U.S. to be around 5 percent higher in late 2018 than was the case a year ago.

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A. Cooper Attorney at Law LLC

Office Location:
3929 Airport Blvd.
Bldg 2, Suite 300
Mobile, AL 36608

Phone: 251-300-2220
Fax: 888-478-4494
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Mailing Address:
Post Office Box 2963
Mobile, AL 36608

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