Gail Donaldson

  • Recent Study Shows Slight Decrease in Alabama Medical Debt

    Many clients who come to discuss their financial hardships are a result of unforeseen medical debts. Many times, a simple slip and fall accident results in unexpected medical expenses or time off from work without pay. A recent study by Urban Institute report stated that nationally, almost 24 percent of non-elderly Americans have past-due medical debt as of 2015.

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  • Wells Fargo Incentives Program Produced Bad Behavior

    Last fall, Wells Fargo admitted it had created over 2 million phony accounts as a result of an incentives program that rewarded employees who increased their sales numbers. Some employees who tried to report these wrong activities were retaliated against and fired. Wells Fargo says that they have now learned that some of these whistleblower reports do have merit.

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  • Is Pride in your Way?

    This time of year, many people make New Year resolutions to exercise more, eat healthier or reduce their social media time. For many, getting their finances in order is one of their “New Year-New Me” priorities too. I cannot tell you how many times I have heard through the years after I have explained bankruptcy options to clients, their first reaction is “I wish I had come her ...

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  • Should You Convert or Modify a Chapter 13 Plan?

    Many clients who file Chapter 13 may find their circumstances change as the years tick by in a five year Chapter 13 plan. They may get a divorce, have a new baby or their child may head off to college. With those life changes, the financial picture changes too. What Options Are Available? The best thing you can do is call your attorney.

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  • Happy Thanksgiving!

    Thanksgiving is a time to spend with family, have delicious food, hunting for deer and watching football in the south. We have so many things to be thankful for this year and we hope you and your family’s Thanksgiving is filled with lots of love and fun memories this year. Thanksgiving is also the trigger for holiday shopping across the country.

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  • Bond & Botes Thankful for Our Military

    Last week, I had the honor of attending my friend Lori Rasmussen’s change of command ceremony at Maxwell Air Force Base here in Montgomery. While commander, Lt. Col. Rasmussen was in charge of Detachment 12 of the Academy of Military Science Officer Training School. This detachment is one of the Air Force’s preeminent officer commissioning squadrons and annually produces over 8 ...

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  • America – Land of the Poor and Hungry?

    As I picked up the office mail, I noticed that the window to the building was in the mist of being repaired. I asked the post office employee what happened and heard the saddest story of the day. A homeless man threw a brick through the window and sat down and waited for the police to arrive—so he could have a meal in jail.

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  • Fresh Start with Your Mortgage – Post Bankruptcy

    The goal every debtor has after filing bankruptcy is simple—a fresh start! Chapter 7 Bankruptcy offers a fresh start much quicker than Chapter 13 simply because the unsecured creditor’s debts are erased and allows you to pay for the debts you want to keep direct such as a mortgage or car payment. In Chapter 13, a plan typically is five years where you repay all or part of the debt you owe.

    Gail Donaldson/ Bond and Botes- 14 readers -
  • Montgomery Public Schools Employees Not Paid Due to ‘Human Error’

    We have a number of clients who are employed by the Montgomery Public School system who will not be paid on time due to a ‘human error’ with the direct deposit pay system. A majority of our clients live pay check to pay check, so this error puts them in quite the bind. Some have payroll auto drafts that may incur additional fees due their wages not being paid as it should have been.

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  • Helping our Community with Back to School!

    This time of year, the added expenses of back to school expenses can really hurt our clients. The supply lists seem to get longer and longer with paper products in addition to the notebooks, pencils and paper we expect every year. This year, as a community outreach, our office “adopted” a second grade class at Highland Avenue Elementary School. When we told Ms.

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  • Can You Change From a Chapter 13?

    Can You Change From a Chapter 13? Posted on Jul 21, 2016 By Gail Donaldson July 21, 2016 by Gail Donaldson The majority of our clients file a Chapter 13 to protect something whether it’s their home or car. Chapter 13 gives you the protection of the automatic stay that prevents creditors from repossessing your car or foreclosing on your home.

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  • Home Affordable Modification Program: Assistance for Homeowners

    Many of our clients schedule an appointment with our office because they are struggling to save their home from foreclosure proceedings. A bankruptcy filing stops foreclosures as long as they are filed PRIOR to the foreclosure date. What then? Many times, the reason the foreclosure is set is because the monthly payment requirement is more than a client can afford as a result of ...

    Gail Donaldson/ Bond and Botes- 25 readers -
  • Finding Martha’s Place: The Secret to Success

    Finding Martha’s Place: The Secret to Success Posted on Apr 28, 2016 By Gail Donaldson April 28, 2016 by Gail Donaldson Last week, my law partner Mary and I had the opportunity to attend the Montgomery Chamber of Commerce’s Women’s Roundtable which featured Martha Hawkins as the guest speaker. If you are from the Montgomery area, you are probably familiar with Martha’s Place. Ms.

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  • Music to My Ears

    This week, a common thread of comments from my clients has been “I can finally sleep at night”, “I should have done this a long time ago” and “You make me feel so good right now”. Why? They finally put aside the worry and sleepless nights and scheduled an appointment with our office to find out what relief under the Bankruptcy Code looks like for them.

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  • Is the American Dream Possible After Bankruptcy?

    One of the most often asked questions I am asked is “Can I buy a house after Chapter 13?” Owning a home is the American dream of many and the thought of losing the chance of home ownership is frightening. Unfortunately, I don’t get follow up’s from clients post-bankruptcy very often on how they are doing unless I run into them at the post office, grocery store or at one of my children’s events.

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  • Can You Be Arrested for Owing a Student Loan?

    Recently, a Houston resident made national headlines for his claim of being arrested over a $1,500.00 student loan debt that he incurred in 1987. Several media outlets reported that the U.S. Federal Marshals came to his home in full combat gear. This occurred after he allegedly told a Marshal who had stopped by his home earlier that he had a gun. Of course, there is more to the story.

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  • National Signing Day—Now What?

    My husband Andy had a passion to play baseball growing up. His parents gave him every opportunity to gain valuable experiences to get better by way of camps and coaches every year. This week, high school kids are signing scholarships with colleges across the country as result of the same kind of support from their schools, coaches and parents.

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