Feb 2, 2021 | Bankruptcy, Chad Cotant
Have you filed bankruptcy and have received or are about to receive a discharge of your debts? This is great news because it means you are one step closer to your financial fresh start. However, there is something that may interfere with your fresh start. Incorrect Information on Your Credit Report After a debt is …
read more: Fixing Your Credit Report after Bankruptcy
Jan 15, 2021 | Bankruptcy, Joseph Campbell
Do you have a medical condition that makes it difficult for you to work? If you do, you could be eligible for disability benefits from the Social Security Administration (SSA)? The SSA’s Social Security Disability Insurance (SSDI) program provides monthly financial help to individuals who cannot work at a substantial level because of a disability. …
read more: 5 Things to Understand Before Filing for Disability Benefits
Jan 5, 2021 | Bankruptcy
Financial hardship can happen to anyone. A sudden job loss, health problem, death in the family, etc. can cause you to become burdened by debt. Does this describe you? Are you seeking a solution to your debt problems? Have you seen the advertisements from debt settlement companies offering to help settle your debt for less …
read more: Debt Settlement Companies May Not Offer the Better Solution
Dec 17, 2020 | Bankruptcy, David Poston
The Impact of Covid-19 Covid-19 has changed our way of life. Every day, we find ourselves having to adapt. Our economy has also been impacted by high jobless numbers and rising medical bills. Change is always challenging and these changes have had a ripple effect on unexpected areas of our lives. At Brock & Stout, …
read more: How Covid-19 Has Affected Bankruptcies in Alabama
Dec 14, 2020 | Bankruptcy, David Poston
Are you struggling financially? Bankruptcy could provide you a financial fresh start. But, to get all the benefits of bankruptcy you should avoid these three mistakes many people make when filing bankruptcy. Filing Too Late Many people delay filing bankruptcy out of fear or misunderstanding of the process. They try to do everything they can …
read more: 3 Mistakes to Avoid When Filing for Bankruptcy
Nov 21, 2020 | Bankruptcy, David Poston
Unfortunately, any number of possibilities could upset your financial stability. Personal hardships such as losing your job, facing an unexpected illness or injury, and divorce are several examples. Any of these could lead to out-of-control debt. You may also be trapped in what seems like an endless cycle of debt. If this happens, bankruptcy could …
read more: Bankruptcy is not a One-Size-Fits-All Process
Nov 4, 2020 | Bankruptcy, David Poston
Rent is one of the most important monthly expenses that you pay each month. It can also be one of your most expensive bills. What if your funds are low and you cannot pay your landlord? Do you have any options if you fall behind on your rent and are facing eviction? In Alabama, your …
read more: The Alabama Eviction Process
Oct 21, 2020 | Bankruptcy, David Poston
Many Alabama citizens live from paycheck to paycheck. At times they find themselves needing short-term payday loans to make ends meet sometimes. According to the Alabama Department of Banking, 189,231 Alabamians took out 1.6 million payday loans worth about $563.6 million in 2019. Payday loans are quick turnaround cash loans that supposedly benefit the borrower …
read more: Alabama Payday Lending Laws
Oct 12, 2020 | Bankruptcy, David Poston
According to credit reporting agency Experian, Americans maintained approximately $830 billion in credit card debt through 2019. Almost 20% of credit cardholders carried more than $10,000 and almost 4% owed more than $30,000 in credit card debt. Owing large credit card debt causes significant financial stress. Many people with large credit card debt only obtained …
read more: Can Bankruptcy Help with Large Credit Card Debt?
Sep 28, 2020 | Bankruptcy, David Poston
Are you struggling with credit card debt? Do you fear that the credit card company will soon take action against you? You are not alone. The average American household owes $15,000 in credit card debt. Many of them face collection actions, including wage garnishment, for their unpaid credit card debt. Unfortunately, you cannot realistically ignore …
read more: Beware: Ignoring Credit Card Debt Could Lead to Wage GarnishmentBrock & Stout can help you with your Bankruptcy, Social Security Disability and Personal Injury claim needs today. Feel free to call our toll free number, contact us online or stop by one of our many office locations. We hope you will give us the opportunity and the privilege to help you and your family.
