Bankruptcy

Learn more about your options regarding bankruptcy and some alternatives to bankruptcy. We also will discuss what happens after bankruptcy.

The Secret Your Mortgage Company Does Not Want You To Know About Regarding Stopping Foreclosures

My name is John Watts and my law firm helps Alabama consumers who are facing foreclosure to stop the foreclosure without filing bankruptcy. Join me on this short journey and I trust you will find this time well spent as you look for how to save your home from a foreclosure. The only supposed ways to stop a foreclosure in Alabama The mortgage company (whether Nationstar/Mr. Cooper or Wells Fargo or Bank of America or whoever) wants you to believe… (Read more)


For Lawyers: Why is bankruptcy usually a terrible idea to stop an Alabama foreclosure?

  This is the first in a series of articles for lawyers.  We often get calls from lawyers around the country (and the state of Alabama) and we thought it would be helpful to include some of our answers in articles. This article is specifically focused on Alabama lawyers who are advising their clients on how to stop a foreclosure.  Should you use bankruptcy as a last resort or a first choice in stopping a foreclosure? Bankruptcy can stop a… (Read more)


Is bankruptcy the only option to stop an Alabama foreclosure?

No — there are many other options to stop a foreclosure in Alabama without having to file for bankruptcy. I understand that when you are facing the loss of your home, it feels the world is closing in on you.  And your friends and family (meaning well) will tell you that your only hope is bankruptcy.  Or just let the foreclosure happen and move out. There are other options. Better options than bankruptcy. Here is a short list and then… (Read more)


What does the bankruptcy of CACH (Square Two) mean for collection suits and FDCPA suits?

A practical explanation of what it means that CACH has filed bankruptcy On March 19, 2017, CACH (through Square Two Financial Services Corporation) filed a voluntary petition for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of New York, Case No. 17-10663, and jointly administered under In re Square Two Financial Services Corporation, et al., Case No. 17-10659. OK in simpler terms, CACH went bankrupt. What… (Read more)


Make sure your lawyer answers all of your questions before hiring the lawyer

You have questions — make sure before hiring a lawyer that you get all of your questions answered The primary reason you consider hiring a lawyer is because you have questions about the law or how the legal process works.  Especially when you are considering being in court — it is natural that you would have questions. So here are some suggestions as you go through the process of finding and hiring a consumer protection lawyer. Make a written list… (Read more)