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....
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...
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...
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...
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...
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...
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...
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...
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...
The term bankruptcy is daunting, conjuring fears of poverty and financial ruin. In reality, bankruptcy can help in a time of great need for you, your family, or your business in Montgomery, AL. By filing for bankruptcy, a person can liquidate their assets to repay...
Brock & Stout can help you with your Bankruptcy, Social Security Disability and Personal Injury 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.