May 13, 2019 | Bankruptcy
While many people in financial distress think of debt consolidation as the way to go, there is also the option of setting up a repayment plan under Chapter 13 bankruptcy. While it can be a good option for many, make sure you understand how it works before proceeding. Read on to learn about the specifics …
read more: Understanding Chapter 13 Repayment Plans
May 10, 2019 | Bankruptcy, David Poston
Do you sometimes feel like you are drowning in credit card debt? You are not alone. A study reveals that the average American household has a revolving credit card debt of $15,310. The Dangers of Credit Card Usage While the amount of credit card debt may vary per household, the reason for the accumulation of …
read more: Is Credit Card Debt Overwhelming You?
May 8, 2019 | Bankruptcy
The biggest myth about bankruptcy is that it will completely ruin your credit. The New York Federal Reserve conducted a study recently which shows this belief to be a half-truth. It is true a bankruptcy filing can remain visible on an individual’s credit report for up to 10 years. And yes, because it is on …
read more: 3 Ways to Rebuild Your Credit after Bankruptcy
May 6, 2019 | Bankruptcy
Research shows that millions of American families are living from paycheck to paycheck with little or no means to build savings. When faced with unexpected expenses, such as a car or house repair, many have felt that their only option was to seek help through a payday loan or cash advance. Unfortunately, doing so has …
read more: How to Stop the Payday Loan CycleMay 5, 2019 | Bankruptcy
For many Americans who are deep in debt with no way to pay it back, filing for bankruptcy might be their last resort. And while some people may assume that bankruptcy is bad for you since you will have a negative label on your records, filing for bankruptcy actually have tremendous amounts of benefits. Benefits …
read more: Is Bankruptcy A Way Out For You?Feb 16, 2019 | Bankruptcy
If you are struggling with debt and are contemplating bankruptcy and hiring a bankruptcy attorney, there are a few things you should try to avoid doing before you file as they may jeopardize your ability to have your debts discharged. Do Not Create New Debt It is very important that you do not make any …
read more: 5 Things Not to Do if Contemplating Bankruptcy
Jan 26, 2019 | Bankruptcy
Are you struggling financially? Do you find it difficult to make ends meet each month? You are not alone. Millions of American families are living paycheck to paycheck and have a lot of debt. It is not the American dream to live this way. But, unseen circumstances such as illness, job loss, and the economic …
read more: 4 Circumstances That May Mean It Is Time to File Bankruptcy
Nov 4, 2018 | Bankruptcy
Will You Lose Your Job Because of Bankruptcy? A common question asked by our clients who are contemplating filing bankruptcy is whether or not doing so will affect their employment. That is an understandable question considering they are already struggling financially and do not want to risk losing their job. When asked this question, we …
read more: Will Filing Bankruptcy Affect Your Employment?Oct 18, 2018 | Bankruptcy
You decide to file for bankruptcy in Opelika, AL and then freak out a bit over the idea. Yes, it can be frightening to take such a huge step, but don’t let the negative images that others have attached to bankruptcy stop you from pursuing a claim. About the Bankruptcy Processed Why not? It helps to …
read more: What to Expect with Bankruptcy in Opelika
Oct 8, 2018 | Bankruptcy
Have you filed bankruptcy in Dothan, AL in the past, but you are facing another financial crisis now? You may wonder if you could file bankruptcy again to help ease your financial burden. The simple answer is, “Yes, you can file bankruptcy again.” Bankruptcy law does allow those who have previously filed to file again …
read more: Can You File Bankruptcy in Dothan Again if You Filed in the past?Brock & 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.
