U.S. Debt is about to hit $22 Trillion. That’s a number that we just can’t comprehend.
$150 million in student loans just got cancelled. How does that even happen?
In Alabama, shady “loan sharks” are mailing unsolicited checks to unsuspecting consumers; only to trap them in unbelievably high interest rates.
There is no doubt that we have been in an economic boom for the last few years. Almost all indicators will tell us that; including your bank account – most likely. There’s also no doubt that an ecumenic “correction”, “burst”, “depression”, is coming soon. When times are good, there’s a tendency to take more financial risk than we should, to leverage our assets more than we should, and to buy more things for the house on a credit card than we should.
When times get lean, when the recession comes, when the bill collectors start calling – you need someone in your corner. Don’t stay in the hole alone. Let us help you out.
We are debt relief ninjas.
Sometimes all someone needs is an attorney to call a debt collector and tel them to stand down. It’s a funny thing about the legal profession. Sometimes all we do is say the same thing you would say, but being an attorney, for whatever reason, gets different results.
Sometimes you actually need an attorney to help you negotiate more lenient terms or lesser repayment amount on debts.
Then there are times when debt reduction planning needs the touch of a professional. What are your options? Should you file for bankruptcy? If so, when? Are there other options? How will filing bankruptcy affect your credit score? How do you rebuild your credit score?
These and a dozen other questions come up and are addressed in good debt relief planning.
Then there is bankruptcy… which isn’t as scary as it sounds and doesn’t hurt your credit as much as you may think. “Bankruptcy” is just the word we use for a mechanism as old as any business, to wipe away debt. Did you know that “Chapter 7” in Bankruptcy language is named “7” after the Hebrew Biblical law of wiping debts every seven years?
Now you do. Come see us to learn more.
About the Author, Samuel J. McLure, Esq.
Sam graduated from Huntington College in 2006 with a degree in Business Administration. Before transferring to Huntington College, he attended Bethune-Cookman University as the first minority-white running back in the historically black conference.
He went on to Jones School of Law and graduated with honors, cum laude. During law school, Sam had the distinguished honor of serving with the Faulkner Law Review, clerking with Supreme Court Justice Patricia Smith, clerking with the Attorney General’s Office, and studying International Law with Cornell University in Paris, France.
However, Sam’s most memorable law school achievement was adopting his first child from the Hungarian foster-care system. It was through that process that he and his wife saw the great need to protect children in the foster care system and to encourage adoption.
Sam’s law practice has maintained an orbit around protecting vulnerable and at-risk children. He and his wife have four children and have been actively engaged in the foster care system. Sam is the author of The End of Orphan Care, and book devoted to unpacking the orthodoxy and orthopraxy of orphan care; and has founded or served with ministries and community outreach initiatives such as Kiwanis, Personhood Alabama, Proposal 16, and Sav-a-Life.