Legal Blog

Christopher Stanfield(31 articles)

Joint Bankruptcy vs. Individual Filing for Married Couples

Oct 13, 2025 | Bankruptcy, Christopher Stanfield

When financial hardships occur, many married couples might consider bankruptcy as a solution. However, choosing to file jointly or individually can significantly impact both partners’ financial futures. In this article, we will examine joint and individual bankruptcy filings, helping you understand the benefits and drawbacks of each option. Understanding Bankruptcy Basics Before discussing the differences …

What Happens to Your Bank Accounts During Bankruptcy

Jan 27, 2025 | Bankruptcy, Christopher Stanfield

One common concern when filing for bankruptcy is what will happen to your bank accounts. In this post, we’ll explore the implications of bankruptcy on your checking and savings accounts, ensuring that you clearly understand how the process will affect your financial situation. The Role of Disclosing Bank Accounts in Bankruptcy When you file for …

What Happens If You Change or Lose Your Job during Chapter 13 Bankruptcy?

Jan 20, 2025 | Bankruptcy, Christopher Stanfield

Navigating the complexities of bankruptcy can be an overwhelming experience, especially when unexpected life events, such as job changes or loss, arise during your bankruptcy journey. In this article, we will explore the implications of job changes or loss during a Chapter 13 bankruptcy, providing you with the information to make informed decisions and complete …

Bankruptcy vs. Defaulting on Debt

Dec 16, 2024 | Bankruptcy, Christopher Stanfield

When facing overwhelming debt, individuals often find themselves at a crossroads, considering whether to default on their debt obligations or seek relief through bankruptcy. Each option has significant consequences, but bankruptcy can often provide a more favorable outcome. It offers the possibility of a fresh start, better long-term prospects for rebuilding credit, and overall financial …

Who Can File for Bankruptcy?

Oct 30, 2024 | Bankruptcy, Christopher Stanfield

Bankruptcy is a way individuals and businesses can legally pursue the means to eliminate or restructure their debts. It provides relief to those who are struggling under the burden of debt and cannot reasonably repay their creditors. But can anyone file for bankruptcy? Who Can File for Bankruptcy? The simple answer is, anyone can file …

Judgment Liens and Avoiding Them through Bankruptcy

Sep 23, 2024 | Bankruptcy, Christopher Stanfield

Facing a judgment lien because of unpaid debts can be a significant financial burden. If you are dealing with such a financial burden, this article will help you understand how bankruptcy could offer a pathway to avoid the consequences of judgment liens. Understanding Judgment Liens When a creditor sues a debtor for non-payment of a …

Are You Ready for a Financial Fresh Start?

Stop Drowning in Debt! Get a Fresh Start.

Aug 12, 2024 | Bankruptcy, Christopher Stanfield

Do you feel like you are drowning in debt? The phrase “drowning in debt” may be a cliché, but it fittingly describes the emotional state of someone who is dealing with a large amount of debt. The debtor feels overwhelmed, suppressed, incapable of normal activity, and fearful of not being able to overcome. Also, much …

Why File Bankruptcy with Brock & Stout?

Jul 8, 2024 | Bankruptcy, Christopher Stanfield

Are you thinking about filing bankruptcy and wonder if you can do so without the help of a bankruptcy lawyer? The simple answer to this question is, yes you can. The law allows an individual to file bankruptcy on their own without the help of a legal representative. But, like a lot of things in …

What Happens after Your Chapter 7 Bankruptcy Case is Filed?

Jun 24, 2024 | Bankruptcy, Christopher Stanfield

Are you thinking about filing Chapter 7 bankruptcy and wonder about what will happen after you file? While each bankruptcy case is unique because of a filer’s financial circumstances, most Chapter 7 bankruptcies go through the following process. Issue of Automatic Stay As soon as your bankruptcy case is filed, the court issues an automatic …

Chapter 13 Bankruptcy for Small Business Owners

Jun 3, 2024 | Bankruptcy, Christopher Stanfield

Small business owners often face the challenge of overwhelming debt. When dealing with mounting debts and a struggling business, Chapter 13 bankruptcy can provide a viable solution. This article will explore the intricacies of Chapter 13 bankruptcy for small business owners. What is Chapter 13 Bankruptcy? Chapter 13 bankruptcy, a repayment plan or wage earner’s …