When a borrower has missed mortgage payments, lenders send out a notice stating the loan is in default and foreclosure proceedings will begin. This notice generally goes out when three payments have been missed. If you have received such a notice, you need to take...
Part 1 - Meeting of Creditors When we meet with our clients for the first time, it is often a person’s first contact with a lawyer. Because of the varying portraits of the legal system, we find a wide diversity of concerns as it pertains to “court.” In fact, one of...
Here is a list of the top 5 things you should do prior to filing for Bankruptcy. 1. Be truthful with your attorney. The relationship you have with your attorney is of a confidential nature. You do not have to worry about your attorney “ratting” you out. Because of...
If you are struggling to pay off your debt and considering filing bankruptcy to get rid of annoying collection calls, you should first understand the differences between various types of bankruptcy chapters. There are two primary bankruptcy options for the relief of...
One of the things that make people go crazy during bankruptcy is their income tax debts. However, if you have a bankruptcy lawyer by your side, you will be able to make the entire process a lot smoother for yourself. Declaring bankruptcy means that you are unable to...
When you are unable to pay your debts in the given time period, you start to get threatening calls, emails, and letters from creditors. This action from a creditor’s end is termed as harassment and there are strict laws against it. Victims of creditors’ harassment are...
If you want to file for either chapter 7 or chapter 13 bankruptcy this means completing the means test, and there are some things that you need to know before you file. The means test has been a bankruptcy requirement for more than a decade, and it is still a source...
Filing Chapter 13 bankruptcy can help consolidate loan debt, but there are caveats. Where student loan debt is concerned, loans can only be discharged or significantly reduced if a person can demonstrate undue hardship. But what exactly is an undue hardship and how...
While nobody wants to enter into a situation in which they are forced to file for bankruptcy, it can be a liberating option for those stuck in financial woes with no other way out. One form of bankruptcy is known as Chapter 7 and has been helpful for many individuals...
Most everyone knows that going into debt is a bad thing. In today’s reality, going into debt can cause some serious repercussions. There are dangers that arise from not dealing with debt. Below are listed a few of the consequences of not handling your debt. Bad...
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.