Ellen Rains practices in the area of insurance and reinsurance. Ms. Rains also has experience representing clients in complex commercial litigation, insurance litigation, receivership,... more
Ellen Rains practices in the area of insurance and reinsurance. Ms. Rains also has experience representing clients in complex commercial litigation, insurance litigation, receivership, and bankruptcy and creditors’ rights matters. Before joining Phelps Dunbar, Ms. Rains worked as an associate with a Birmingham, Alabama law firm. She also completed an externship with The Honorable Helen “Ginger... view profile
A bankruptcy attorney can help you manage personal or business debts you are unable to pay. Bankruptcy laws allow people and businesses to (1) get a “fresh start” by relieving most debts; and (2) repay the money owed to all creditors as fairly as possible. When you file for bankruptcy protection, all other legal actions against you are put on hold. Creditors cannot sue you, garnish your wages, repossess your car or home entertainment system, or start or continue with a foreclosure action against your home. There are different types of bankruptcy filings and each has its own advantages. Since bankruptcy can significantly impact your future purchasing power and credit rating, you should see a bankruptcy attorney to make sure the benefits of filling bankruptcy outweigh the consequences.