The domestic laws of Alabama were legislated by government bodies and were designed to protect the civil rights of citizens, and get justice where it’s due. Domestic laws are otherwise known as civil laws and Backus Law Group are very familiar with the various aspects of bankruptcy and divorce law in the state.
How Do Alabama’s Domestic Laws Differ From Other States?
When filing for bankruptcy in the state of Alabama, it helps to hire a bankruptcy lawyer at Backus Law Group. You could potentially save some of your assets, according to Alabama’s bankruptcy exemptions. Their lawyers will enlighten you about certain assets that are immune to creditor’s collections when you file, including:
- Homestead Exemptions: The Alabama Code authorizes exemptions of up to $15,000 in realty where you reside and have declared your homestead.
- Certain Assets: Other assets that may be exempt during a bankruptcy filing include specific retirement accounts, government assistance, as well as 75% of your earned but unpaid income.
- Alabama’s Wild Card Exemption: One advantage of domestic laws on bankruptcy in Alabama is the “wild card” which allows you to exempt up to $7,500 of any personal property you choose.
Backus Law Group’s attorneys are skilled in the subject of bankruptcy. To get help with credit counseling, bankruptcy or debt consolidation, call (334) 265-0800.