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...
2 Ways Chapter 13 Bankruptcy Could Help You
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...
Bankruptcy and Divorce: How Does One Affect the Other?
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...
Does Filing Bankruptcy Affect Social Security Benefits
Do you receive Social Security Disability (SSDI) benefits and feel by debt? You are not alone. Many of those receiving SSDI benefits find themselves overwhelmed by debt. Have you thought about filing bankruptcy but do not know how filing may affect your benefits? The...
Can You File Bankruptcy on Student Loans?
According to the latest statistics, almost 45 million Americans owe an estimated $1.75 trillion in student loans. They took out these loans in good faith to help them pursue a college degree and secure a better future for themselves and their families. However, many...
Can Chapter 13 Bankruptcy Help with Overdue Car Payments?
For most people, a car is a necessity. You use it to get to work, take the kids to school, and run errands. When something happens that causes you to fall behind on your car payments, it can feel like the weight of the world is on your shoulders. You may wonder if...
Getting a Home Loan after Bankruptcy
Those who file bankruptcy often fear their credit will be too damaged to qualify for a home mortgage before the bankruptcy comes off their credit report in 7 to 10 years. The truth is that most who file bankruptcy can rebuild their credit within just a few years and...
Chapter 13 Bankruptcy Could Help Deal with an Underwater Mortgage
When you purchased your new home, you probably never dreamed of it becoming a heavy financial burden. A burden that weighs upon you each month as you struggle to make the mortgage payments that will keep you in your home. To add to that stressor, you know your...
What to Do If You Are Being Sued by a Debt Collector
Are you behind on your bills and keep receiving collection letters and phone calls from debt collectors? The debt collectors will only keep contacting you for so long without payment. Their next likely step will be filing a lawsuit against you to collect what you owe....
What to Do if Behind on Your Car Payment
Having a vehicle can be a very important part of maintaining your daily life. You may need it to get to your job, carpool your kids, get to the store, doctor, church, etc. But, owning a vehicle can be costly. Monthly payments could take up a significant portion of...
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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.