White Paper

17 Pages
  • 17 Pages

The Influence of Bankruptcy on Collections - Overview of Bankruptcy Chapters


Navigate the maze of bankruptcy.

The concept of bankruptcy is one which predates even the founding of our country. The notion of getting relief from one’s debts can be traced back to English common law; however, the first codification of it under U.S. law can be seen in our Constitution. Article I, Section 8, of the U.S. Constitution grants to Congress the power to establish “uniform Laws on the subject of Bankruptcies throughout the United States." Since then Congress has had numerous iteration of bankruptcy law, going through numerous reforms, all seeking to strike a balance between the interests of debtors and creditors. This white paper reviews key terms and concepts in bankruptcy, and discusses the automatic stay and its impact on collection efforts.



Alto Lee Teague, IV

Alto Lee Teague, IV

Engel Hairston & Johanson, PC

  • Associate in the office of Engel Hairston & Johanson, PC
  • For the past seventeen years he has practiced law in the areas of Commercial and Consumer Collections, Complex Commercial Litigation, Creditor's Rights, Creditor Defense, Landlord/Tenant Disputes, Ejectments, Unlawful Detainers, Bankruptcy, and Commercial Lending Transactions. Member of the Birmingham Bar Association, The Federalist Society and Christian Legal Society and has previously been selected as a Rising Star in the Alabama edition of Super Lawyers
  • Admitted to the Alabama Bar in 2000 and U.S. District Courts; Middle, Northern and Southern Districts of Alabama
  • J.D. degree, Cumberland School of Law, Samford University; B.A. degree, Samford University
Jonathan E. Raulston

Jonathan E. Raulston

Engel Hairston & Johanson, PC

  • Partner in the office of Engel Hairston & Johanson, PC
  • Practices in the areas of creditor rights, foreclosure, workouts, commercial litigation, bankruptcy and collections
  • Frequent lecturer on topics including creditor rights, foreclosure, and bankruptcy
  • Has handled SBA loan related issues for the past decade
  • Member of the Alabama State Bar, American Bar Association, Birmingham Bar Association (chair, Bankruptcy and Commercial Law Section; co-chair, Long Range Planning Committee)
  • Listed as a Rising Star in Alabama Super Lawyers
  • J.D. degree, University of Alabama School of Law; B.S. degree in health care management, University of Alabama

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