May 22, 2023 | Bankruptcy, David Poston
When struggling to make ends meet, you may have gotten behind on your monthly debt payments. With the delinquency, the creditor is threatening to sue you. Ultimately, the creditor might obtain a judgment against you. You may be unsure what that means, so let us help you understand. What Is a Wage Garnishment? Usually, the …
read more: Understanding Alabama Wage Garnishment Laws
May 9, 2023 | Bankruptcy, David Poston
There is no doubt that credit cards are both useful and convenient. But, it is all too easy to amass credit card debt that is overwhelming. If you are burdened by a growing credit card debt, there are actions you can take now that can help you tackle the problem. Transfer Your Credit Card Debt …
read more: What to Do about Your Growing Credit Card Debt
Apr 17, 2023 | Bankruptcy, Casey Taylor
Members of the military, current, and veteran, have sacrificed a lot for their country. Unfortunately, economic hardship is often a consequence of those sacrifices. The federal government understands this consequence. Lawmakers have instituted laws to help military members certain debt collection actions. The Servicemembers’ Civil Relief Act (SCRA) provides some protections to active-duty military dealing …
read more: Special Bankruptcy Exceptions for Active and Veteran Military Members
Apr 3, 2023 | Bankruptcy, Casey Taylor
When you are in debt and dealing with creditors, you may hear and see many terms that can confuse you. The terms “property lien” and “judgment lien” are two such terms. While these terms relate to each other, they do not mean the same thing. The distinction between the two terms depends on how a …
read more: What is the Difference between a Property Lien and a Judgment Lien?
Mar 20, 2023 | Bankruptcy, Casey Taylor
Chapter 13 Bankruptcy is known as a reorganization of debt. It helps debtors reorganize their debt and pay them off through a bankruptcy court structured repayment plan. Depending upon a debtor’s financial situation, they could have their unsecured debt (i.e. credit cards and medical bills) paid off and secured debts (i.e. mortgage and car payments) …
read more: 2 Ways Chapter 13 Bankruptcy Could Help You
Mar 1, 2023 | Bankruptcy, Spencer W. Jones
Bankruptcy is a powerful legal tool that can help individuals and businesses overcome overwhelming debt by providing them with a fresh start. Filing for bankruptcy can seem like a daunting process, but it can be beneficial in the long run. This article will discuss what happens to debt after filing for bankruptcy and how it …
read more: What Happens to Debt After Filing Bankruptcy?
Feb 20, 2023 | Bankruptcy, Spencer W. Jones
The process for obtaining a discharge of federal student loans through bankruptcy has been long and difficult for over a decade. However, times are changing and newly issued guidance to the Department of Justice (DOJ), in connection with the Department of Education (DOE), has laid the groundwork for a more streamlined path for borrowers to …
read more: Student Loan Bankruptcy Discharge Could Now Be Easier
Jan 30, 2023 | Bankruptcy, David Poston
Are you behind on your car payment? Is your car payment larger than your budget allows? Do you fear that your car may soon be repossessed? If you answered yes to any of these questions, Chapter 13 bankruptcy assist you in reducing your car payment to a manageable level that you can pay every month. …
read more: Reducing Your Car Payment through Chapter 13 Bankruptcy
Jan 16, 2023 | Bankruptcy, Casey Taylor
Ordinarily, a couple with financial problems could simply file bankruptcy and get a financial fresh start. But a couple contemplating divorce should first consider how filing bankruptcy could affect their divorce and vice versa. The timing of filing bankruptcy and divorce affects different aspects and outcomes of each procedure. Here are some ways bankruptcy and …
read more: Bankruptcy and Divorce: How Does One Affect the Other?
Jan 2, 2023 | Bankruptcy, David Poston
Let’s face it, one of the worst parts about delinquent debt is the constant creditor harassment about to pay your debt. You know the creditor wants its money and you really want to pay. Unfortunately, you may not have the exact amount that is owed. You try to explain to the collector that you do …
read more: Dealing with Creditor Harassment after BankruptcyBrock & 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.
